REGISTERED NUMBER: 02127233 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CENTRAL FANS - COLASIT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R G Lakin

C L Tandy

L A Lakin

D Cole

REGISTERED OFFICE:

Unit 12A Palmers Road

East Moons Moat

Redditch

Worcestershire

B98 0RF

REGISTERED NUMBER:

02127233 (England and Wales)

ACCOUNTANTS:

Clive Shedd & Co

Chartered Accountants

232 Sladepool Farm Road

Birmingham

B14 5EE

FIXED ASSETS

Tangible assets

5

116,855

81,807

CURRENT ASSETS

Stocks

173,703

176,964

Debtors

6

756,158

624,242

Cash at bank and in hand

1,153,980

1,008,886

2,083,841

1,810,092

CREDITORS

Amounts falling due within one year

7

1,315,678

1,154,105

NET CURRENT ASSETS

768,163

655,987

TOTAL ASSETS LESS CURRENT LIABILITIES

885,018

737,794

PROVISIONS FOR LIABILITIES

3,890

-

NET ASSETS

881,128

737,794

CAPITAL AND RESERVES

Called up share capital

8

20,000

20,000

Share premium

8,000

8,000

Retained earnings

853,128

709,794

SHAREHOLDERS' FUNDS

881,128

737,794

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

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

R G Lakin - Director

1.	STATUTORY INFORMATION

Central Fans - Colasit Limited 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In preparing these financial statements the company's management make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the statement of financial position date and the amounts reported in the income statement for the year under review.

The nature of estimates means that the actual outcome could differ and the company's management consider there are no estimates or assumptions that have a significant risk of causing a material adjustment to the amounts reported for assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc.

-

25% and 20% on cost and 20% on reducing balance

Tangible fixed assets are initially recorded at cost. Freehold land is not depreciated.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial assets and liabilities are initially recognised at transaction price and are subsequently measured at amortised cost.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company contributes to defined contribution pension schemes. Contributions payable by the company are charged to profit or loss in the period to which they relate.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the amount expected to be paid in exchange for that service.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

3,600

287,479

291,079

Additions

-

89,679

89,679

Disposals

-

(81,005

)

(81,005

)

At 31 March 2025

3,600

296,153

299,753

DEPRECIATION

At 1 April 2024

-

209,272

209,272

Charge for year

-

31,710

31,710

Eliminated on disposal

-

(58,084

)

(58,084

)

At 31 March 2025

-

182,898

182,898

NET BOOK VALUE

At 31 March 2025

3,600

113,255

116,855

At 31 March 2024

3,600

78,207

81,807

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

738,098

607,087

Prepayments and accrued income

18,060

17,155

756,158

624,242

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

976,848

864,242

Taxation and social security

321,623

273,431

Accruals and deferred income

17,207

16,432

1,315,678

1,154,105

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

20,000

Ordinary

£1

20,000

20,000