2024-04-01 01420535 2025-03-31 01420535 2024-04-01 2025-03-31 01420535 2024-03-31 01420535 2023-04-01 2024-03-31 01420535 uk-core:WithinOneYear 2024-03-31 01420535 uk-core:WithinOneYear 2025-03-31 01420535 uk-core:AfterOneYear 2024-03-31 01420535 uk-core:AfterOneYear 2025-03-31 01420535 uk-core:ShareCapital 2025-03-31 01420535 uk-core:ShareCapital 2024-03-31 01420535 uk-core:InvestmentPropertiesRevaluationReserve 2025-03-31 01420535 uk-core:InvestmentPropertiesRevaluationReserve 2024-03-31 01420535 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 01420535 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 01420535 uk-bus:Director1 2024-04-01 2025-03-31 01420535 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure 01420535 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01420535 uk-bus:FRS102 2024-04-01 2025-03-31 01420535 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 01420535 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Centroco Developments Limited
Registered Number:01420535
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Centroco Developments Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
01420535
As at 31 March 2025
Centroco Developments Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
9,035
2,581
2
3
2,370,000
1,595,000
Investment property
2,379,035
1,597,581
Current assets
Trade and other receivables
30,126
36,611
4
22,718
Cash and cash equivalents
2,141
38,752
52,844
Trade and other payables: amounts falling due within one year
(3,871)
(3,872)
5
48,973
34,880
Net current assets
Total assets less current liabilities
2,413,915
1,646,554
Trade and other payables: amounts falling due after more than one year
-
(50,000)
6
(556,294)
(372,109)
Provisions for liabilities
1,807,621
Net assets
1,274,445
Capital and reserves
Called up share capital
900
900
Fair value reserve
1,668,883
1,116,326
Retained earnings
137,838
157,219
1,807,621
1,274,445
Shareholders' funds
For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
01420535
For the year ended 31 March 2025
Centroco Developments Limited
Statement of Financial Position Continued
M G Merali Director
These financial statements were approved and authorised for issue by the Board on 14 October 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2025
Centroco Developments Limited
Notes to the Financial Statements
Statutory Information
Centroco Developments Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
01420535.
Registered address:
209-211 Whitham Road
Sheffield
S10 2SP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
20% Reducing balance
Fixtures and fittings
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
2. Property, plant and equipment
Fixtures and fittings
£
Cost or valuation
At 01 April 2024
52,421
7,745
Additions
At 31 March 2025
60,166
Provision for depreciation and impairment
At 01 April 2024
49,840
Charge for year
1,291
At 31 March 2025
51,131
At 31 March 2025
Net book value
9,035
At 31 March 2024
2,581
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6
For the year ended 31 March 2025
Centroco Developments Limited
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 April 2024
1,595,000
Additions
38,258
Fair value adjustments
736,742
At 31 March 2025
2,370,000
Net book value
At 31 March 2025
2,370,000
At 31 March 2024
1,595,000
The historical cost of these assets is £144,823 (2024: £106,565).
4. Trade and other receivables
2024
2025
£
£
Trade debtors
35,769
28,784
Other debtors
842
1,342
30,126
36,611
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
3,296
3,295
Other creditors
576
576
3,872
3,871
6. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Amounts owed to group undertaking and undertaking in which the company has a
participating interest
50,000
-
7. Average number of persons employed
During the year the average number of employees was 0
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