Company Registration No. 12394003 (England and Wales)
Central Suites Capital Ltd
Unaudited accounts
for the period from 1 February 2024 to 30 January 2025
Central Suites Capital Ltd
Unaudited accounts
Contents
Central Suites Capital Ltd
Company Information
for the period from 1 February 2024 to 30 January 2025
Directors
Robert Jiggens
Jack Jiggens
Company Number
12394003 (England and Wales)
Registered Office
The Old Bakery
12-14 Hart Street
Henley-On-Thames
RG9 2AU
United Kingdom
Accountants
P10 Accountancy Ltd
Egerton House
68 Baker Street
Weybridge
KT13 8AL
Central Suites Capital Ltd
Statement of financial position
as at 30 January 2025
Investment property
950,000
990,000
Cash at bank and in hand
6,112
8,224
Creditors: amounts falling due within one year
(202,326)
(205,772)
Net current liabilities
(188,452)
(196,708)
Total assets less current liabilities
761,548
794,464
Creditors: amounts falling due after more than one year
(591,188)
(591,188)
Provisions for liabilities
Deferred tax
(31,397)
(32,624)
Net assets
138,963
170,652
Called up share capital
100
100
Profit and loss account
138,863
170,552
Shareholders' funds
138,963
170,652
For the period ending 30 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 directors acknowledge their 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 of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by
Jack Jiggens
Director
Company Registration No. 12394003
Central Suites Capital Ltd
Notes to the Accounts
for the period from 1 February 2024 to 30 January 2025
Central Suites Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 12394003. The registered office is The Old Bakery, 12-14 Hart Street, Henley-On-Thames, RG9 2AU, United Kingdom.
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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Central Suites Capital Ltd
Notes to the Accounts
for the period from 1 February 2024 to 30 January 2025
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:
Fixtures & fittings
25% Straight Line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Charge for the period
1,172
Fair value at 1 February 2024
990,000
Net loss from fair value adjustments
(40,000)
At 30 January 2025
950,000
Amounts falling due within one year
Accrued income and prepayments
2,451
-
Central Suites Capital Ltd
Notes to the Accounts
for the period from 1 February 2024 to 30 January 2025
7
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
191,696
204,112
Taxes and social security
1,937
495
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
591,188
591,188
9
Deferred taxation
2025
2024
Accelerated capital allowances
31,397
32,624
Provision at start of period
32,624
8,827
(Credited)/charged to the profit and loss account
(1,227)
23,797
Provision at end of period
31,397
32,624
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Average number of employees
During the period the average number of employees was 2 (2024: 2).