Central Group (Manufacturing) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12358032 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Central Group (Manufacturing) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M C Elwell

Ms K J Hughes

M Hughes

Mrs S Elwell

M J Kelly

SECRETARY:

Ms K J Hughes

REGISTERED OFFICE:

Units 9 - 10

Kelvin Way Trading Estate Kelvin Way

West Bromwich

West Midlands

B70 7TP

REGISTERED NUMBER:

12358032 (England and Wales)

ACCOUNTANTS:

Locke Williams Associates LLP

Chartered Accountants

Studio 2

50-54 St Pauls Square

Birmingham

West Midlands

B3 1QS

FIXED ASSETS

Investments

4

2,147,965

CURRENT ASSETS

Debtors

5

447,264

301,433

Cash at bank and in hand

5,527

10,596

452,791

312,029

CREDITORS

Amounts falling due within one year

6

2,600,156

2,271,894

NET CURRENT LIABILITIES

(2,147,365

)

(1,959,865

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

600

188,100

CREDITORS

Amounts falling due after more than one
year

7

-

187,500

NET ASSETS

600

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

500

600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Ms K J Hughes - Director

M C Elwell - Director

1.	STATUTORY INFORMATION

Central Group (Manufacturing) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in associates

Investments in associate undertakings are recognised at cost.

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 February 2024

and 31 January 2025

2,147,965

NET BOOK VALUE

At 31 January 2025

2,147,965

At 31 January 2024

2,147,965

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Amounts owed by associates

446,004

290,055

Other debtors

1,260

11,378

447,264

301,433

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Bank loans and overdrafts

187,500

250,000

Amounts owed to associates

2,406,273

2,020,794

Other creditors

6,383

1,100

2,600,156

2,271,894

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.25

31.1.24

£

Bank loans

-

187,500

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

Bank loans

187,500

437,500

The company has provided a fixed and floating charge over all assets.

9.	CALLED UP SHARE CAPITAL

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

M C Elwell

Balance outstanding at start of year

4,971

3,450

Amounts advanced

55,850

26,856

Amounts repaid

(60,821

)

(25,335

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

4,971

Ms K J Hughes

Balance outstanding at start of year

4,727

-

Amounts advanced

35,036

49,547

Amounts repaid

(39,763

)

(44,820

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

4,727

No interest was paid on the above loans.

11.	RELATED PARTY DISCLOSURES

Entities over which the company has control, joint control or significant influence

31.1.25

31.1.24

£

Dividends received from

155,950

95,055

Amount due from related party

446,004

290,055

Other related parties

31.1.24

£

Management charges paid to

36,652

83,383

Amount due to related party

2,406,273

2,020,794