Centra Properties Ltd

Registered Number: 12488900 Centra Properties Ltd
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	863	1,217
Investments	4	16,465,000	16,465,000
		16,465,863	16,466,217
Current assets
Debtors		17,396	20,253
Cash at bank and in hand		523,592	180,678
		540,988	200,931
Creditors: amount falling due within one year		(167,312)	(148,875)
Net current assets		373,676	52,056

Total assets less current liabilities		16,839,539	16,518,273
Creditors: amount falling due after more than one year		(3,655,090)	(3,526,366)
Provisions for liabilities		(73,750)	(56,050)
Net assets		13,110,699	12,935,857

Capital and reserves
Called up share capital	5	11,687,760	11,687,760
Revaluation Reserves		238,950	238,950
Profit and loss account		1,183,989	1,009,147
Shareholders' funds		13,110,699	12,935,857

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The directors of the company have elected not to include the Income Statement within the financial statements.

The financial statements were approved by the board of directors on 01 December 2025 and were signed on its behalf by:

-------------------------------
Mrs R Patel
Director

Centra Properties Ltd
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

Centra Properties Ltd is a company limited by shares and is incorporated in England and Wales. The address of the registered office is 18 Beulah Road, London, United Kingdom, E17 9LQ. The nature of the company's operations and its principal activity was that of property investment.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 30 April each year, and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated.

Turnover

Turnover comprises rental income receivable during the period.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	33% Straight Line

Investment properties

Investment properties are measured at fair value annually with any change recognised in the profit and loss account. Unrealised gains or losses (net of related deferred tax) are transferred from retained earnings to a separate revaluation reserve.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Employees and Directors Average number of employees during the year was 4 (2024 : 4).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 May 2024	1,105	2,045	3,150
Additions	210	-	210
Disposals	-	-	-
At 30 April 2025	1,315	2,045	3,360
Depreciation
At 01 May 2024	398	1,535	1,933
Charge for year	183	381	564
On disposals	-	-	-
At 30 April 2025	581	1,916	2,497
Net book values
Closing balance as at 30 April 2025	734	129	863
Opening balance as at 01 May 2024	707	510	1,217

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 May 2024	16,465,000	16,465,000
Additions	-	-
Disposals	-	-
At 30 April 2025	16,465,000	16,465,000

Other investments other than loans comprise of investment properties held by the company which are held at fair value.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
11,687,760 D Ordinary shares of £1.00 each	11,687,760		11,687,760
	11,687,760		11,687,760

Registered Number: 12488900
England and Wales
Abridged Accounts

for the year ended 30 April 2025
for
CENTRA PROPERTIES LTD