REGISTERED NUMBER: 03961047 (England and Wales)

CENTRAL HOUSING GROUP LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Feld

Mr R Muthiah

SECRETARY:

Mr R Muthiah

REGISTERED OFFICE:

2nd Floor Office

Woodgate Studios

2-8 Games Road

Cockfosters

Hertfordshire

EN4 9HN

REGISTERED NUMBER:

03961047 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3rd Floor

Marlborough House

298 Regents Park Road

Finchley

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

33,878

24,774

CURRENT ASSETS

Debtors: amounts falling due within one year

5

662,263

947,683

Debtors: amounts falling due after more than one year

5

394,285

394,285

Cash at bank and in hand

1,417,962

1,124,644

2,474,510

2,466,612

CREDITORS

Amounts falling due within one year

6

873,055

854,564

NET CURRENT ASSETS

1,601,455

1,612,048

TOTAL ASSETS LESS CURRENT LIABILITIES

1,635,333

1,636,822

PROVISIONS FOR LIABILITIES

13,044

6,522

NET ASSETS

1,622,289

1,630,300

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,622,189

1,630,200

SHAREHOLDERS' FUNDS

1,622,289

1,630,300

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

Mr D Feld - Director

1.	STATUTORY INFORMATION

Central Housing Group Limited is a company limited by shares incorporated in the United Kingdom operating from Woodgate Studios, 2-8 Games Road, Cockfosters, Hertfordshire, EN4 9HN. Company Registered number: 03961047.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Keys sources of estimation, uncertainty and judgements

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provision do not match the level of debts which ultimately prove to be uncorrectable.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful economic life of the assets.

There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is accurate as possible, there remains a risk that the provisions do not match the actual tax liability when the asset is disposed off.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension

The company operates a defined contribution pension scheme. Contributions payable for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

103,338

101,561

204,899

Additions

-

19,536

19,536

At 31 March 2025

103,338

121,097

224,435

DEPRECIATION

At 1 April 2024

96,882

83,243

180,125

Charge for year

968

9,464

10,432

At 31 March 2025

97,850

92,707

190,557

NET BOOK VALUE

At 31 March 2025

5,488

28,390

33,878

At 31 March 2024

6,456

18,318

24,774

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

619,480

909,970

Other debtors

42,783

37,713

662,263

947,683

Amounts falling due after more than one year:

Other debtors

394,285

394,285

Aggregate amounts

1,056,548

1,341,968

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

555,854

549,718

Taxation and social security

220,203

207,102

Other creditors

96,998

97,744

873,055

854,564

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

26,541

Between one and five years

-

1,994

-

28,535

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

34

'A' Ordinary Shares

1

34

34

33

'B' Ordinary Shares

1

33

33

33

'C' Ordinary Shares

1

33

33

100

100

9.	RELATED PARTY DISCLOSURES

Included in Trade creditors is an amount of £1,200 (2024 - £3,400) owed to a company having common directors and shareholders.

Included in Other debtors more than one year is a loan of £394,285 (2024 - £394,285) to a company having common directors and shareholders. The directors of the company have provided personal guarantees on this loan and interest is accrued on this loan.

Included in Rent and rates is an amount of £38,600 (2024 - £37,700) being rent and rates paid to a company having common directors and shareholders.

The company is related by virtue of having common directors and shareholders, and all transactions have been carried out on an arms length basis.