REGISTERED NUMBER: 13617685 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CENTRALIS DEVELOPMENT

SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Winslow

R Atkins

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

13617685 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP

16 Davy Court

Castle Mound Way

Rugby, CV23 0UZ

Magma Audit LLP is part

Of the Dains Group

CURRENT ASSETS

Stocks

296,645

-

Debtors

4

93,544

822

Cash at bank and in hand

62,347

24

452,536

846

CREDITORS

Amounts falling due within one year

5

(497,375

)

(64,123

)

NET CURRENT LIABILITIES

(44,839

)

(63,277

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(44,839

)

(63,277

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(44,841

)

(63,279

)

(44,839

)

(63,277

)

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 24 December 2025 and were signed on its behalf by:

M Winslow - Director

R Atkins - Director

1.	STATUTORY INFORMATION

Centralis Development Solutions Limited is a limited company, limited by shares and registered in England and Wales. The company's registered number is 13617685 and registered office address is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

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.

The presentational currency of the financial statements is Pound Sterling (£) and the figures are rounded to the nearest £1.

Going concern

At the year end the company had total liabilities of £44,839 (2024; £63,277), , the directors confirm they will support the company and as such they have prepared the accounts on a going concern basis.

Turnover

Turnover is made up of income from development of building projects and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Stocks and work in progress

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,400

-

Amounts owed by associates

75,500

-

Other debtors

15,644

822

93,544

822

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

82,750

4,914

Amounts owed to associates

348,651

14,975

Taxation and social security

9,286

-

Other creditors

56,688

44,234

497,375

64,123

6.	RELATED PARTY DISCLOSURES

At the year end a balance of £10,775 (2024: -£14,975) was due from Centralis Building Solutions Ltd, a company who have common directors with Centralis Developments Ltd.

During the year management fees have been charged to FC Developments (Alderminster) LLP in relation to a construction project being undertaken.amounting to £20,555.

At the year end a balance of £64,725 (2024: £nil) was due from FC Developments (Alderminster) LLP, a partnership who have common partners with the directors of Centralis Developments Ltd.

At the year end a balance of £348,651 (2024: £nil) was due to FC Developments (Alderminster) LLP, a partnership who have common partners with the directors of Centralis Developments Ltd.

Within Trade creditors there are balances of £680 and £1,266 owed by FC Developments (Alderminster) LLP and Central Site Solutions Ltd respectively, both have common partners and directors with the directors of Centralis Developments Ltd