Company Registration No. 10047292 (England and Wales)
Central Stores Menheniot Ltd
Unaudited accounts
for the year ended 31 March 2025
Central Stores Menheniot Ltd
Unaudited accounts
Contents
Central Stores Menheniot Ltd
Company Information
for the year ended 31 March 2025
Directors
Mr G Walters
Mrs S Walters
Company Number
10047292 (England and Wales)
Registered Office
Central Stores
Menheniot
Liskeard
Cornwall
PL14 3QR
Accountants
Blackwell Bate Ltd
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Central Stores Menheniot Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Central Stores Menheniot Ltd for the year ended
31 March 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Central Stores Menheniot Ltd, as a body, in accordance with the terms of our engagement letter dated 9 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of Central Stores Menheniot Ltd and state those matters that we have agreed to state to the Board of Directors of Central Stores Menheniot Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Central Stores Menheniot Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Central Stores Menheniot Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Central Stores Menheniot Ltd. You consider that Central Stores Menheniot Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Central Stores Menheniot Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Blackwell Bate Ltd
Chartered Accountants
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
12 November 2025
Central Stores Menheniot Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
148,408
127,640
Cash at bank and in hand
11,884
33,173
Creditors: amounts falling due within one year
(150,697)
(156,983)
Net current liabilities
(95,930)
(76,300)
Total assets less current liabilities
52,478
51,340
Provisions for liabilities
Deferred tax
(8,968)
(4,971)
Called up share capital
200
200
Profit and loss account
43,310
46,169
Shareholders' funds
43,510
46,369
For the year ending 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 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 12 November 2025 and were signed on its behalf by
Mr G Walters
Director
Company Registration No. 10047292
Central Stores Menheniot Ltd
Notes to the Accounts
for the year ended 31 March 2025
Central Stores Menheniot Ltd is a private company, limited by shares, registered in England and Wales, registration number 10047292. The registered office is Central Stores, Menheniot , Liskeard, Cornwall, PL14 3QR.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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:
Land & buildings
No Depreciation
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
5% Reducing Balance
Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.
Inventories held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
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.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
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.
Central Stores Menheniot Ltd
Notes to the Accounts
for the year ended 31 March 2025
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
100,000
12,923
18,820
53,057
986
185,786
Additions
-
16,985
-
10,612
249
27,846
At 31 March 2025
100,000
29,908
18,820
63,669
1,235
213,632
At 1 April 2024
-
4,349
13,360
39,951
486
58,146
Charge for the year
-
942
1,365
4,408
363
7,078
At 31 March 2025
-
5,291
14,725
44,359
849
65,224
At 31 March 2025
100,000
24,617
4,095
19,310
386
148,408
At 31 March 2024
100,000
8,574
5,460
13,106
500
127,640
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
17,957
34,579
Taxes and social security
9,441
18,007
Other creditors
123,299
104,397
7
Average number of employees
During the year the average number of employees was 14 (2024: 17).