Company Registration No. 10567603 (England and Wales)
Centre News Ltd
Unaudited accounts
for the year ended 31 January 2025
Centre News Ltd
Unaudited accounts
Contents
Centre News Ltd
Company Information
for the year ended 31 January 2025
Director
Biju Thuniyampral Joseph
Company Number
10567603 (England and Wales)
Registered Office
76 Church Street
Stoke On Trent
England
ST4 1BS
UK
Centre News Ltd
Statement of financial position
as at 31 January 2025
Intangible assets
26,783
27,899
Cash at bank and in hand
219
(38)
Creditors: amounts falling due within one year
(89,273)
(67,677)
Net current liabilities
(44,523)
(20,440)
Total assets less current liabilities
(17,177)
8,162
Creditors: amounts falling due after more than one year
(67,328)
(72,537)
Net liabilities
(84,505)
(64,375)
Called up share capital
2
2
Profit and loss account
(84,507)
(64,377)
Shareholders' funds
(84,505)
(64,375)
For the year ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 October 2025 and were signed on its behalf by
Biju Thuniyampral Joseph
Director
Company Registration No. 10567603
Centre News Ltd
Notes to the Accounts
for the year ended 31 January 2025
Centre News Ltd is a private company, limited by shares, registered in England and Wales, registration number 10567603. The registered office is 76 Church Street, Stoke On Trent, England, ST4 1BS, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
WDV 20%
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Centre News Ltd
Notes to the Accounts
for the year ended 31 January 2025
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
2,492
333
2,825
At 31 January 2025
2,492
333
2,825
At 1 February 2024
1,855
267
2,122
Charge for the year
127
13
140
At 31 January 2025
1,982
280
2,262
At 31 January 2025
510
53
563
At 31 January 2024
637
66
703
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,637
5,080
Loans from directors
83,028
61,194
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
65,539
65,539
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).