Registration number: 11257792

The Central Store (Huntington) Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

The Central Store (Huntington) Ltd

Company Information

Director

Mrs J C Evans

Registered office

53 Daniels Cross Newport Shropshire TF10 7XJ

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

The Central Store (Huntington) Ltd

(Registration number: 11257792)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	15,000	20,000
Tangible assets	5	190,768	192,093
Investment property	6	115,409	115,409
		321,177	327,502
Current assets
Debtors	7	135	135
Cash at bank and in hand		15,373	2,590
		15,508	2,725
Creditors: Amounts falling due within one year	8	(107,786)	(110,360)
Net current liabilities		(92,278)	(107,635)
Total assets less current liabilities		228,899	219,867
Creditors: Amounts falling due after more than one year	8	(340,000)	(340,000)
Net liabilities		(111,101)	(120,133)
Capital and reserves
Called up share capital	9	1	1
Retained earnings		(111,102)	(120,134)
Shareholders' deficit		(111,101)	(120,133)

For the financial 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.

Director's 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; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The Central Store (Huntington) Ltd

(Registration number: 11257792)
Balance Sheet as at 31 March 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 December 2025
 

Mrs J C Evans Director

The Central Store (Huntington) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
53 Daniels Cross
Newport
Shropshire
TF10 7XJ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

In the opinion of the Director, continued financial support will be available such that the company will continue to trade and satisfy its financial commitments.

On the basis of this opinion, the financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

The Central Store (Huntington) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold Property	Not depreciated
Fixtures & Fittings	Straight line at 15%
Computer Equipment	Straight line at 33%

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Straight line at 10%

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

The Central Store (Huntington) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	50,000	50,000
At 31 March 2025	50,000	50,000
Amortisation
At 1 April 2024	30,000	30,000
Amortisation charge	5,000	5,000
At 31 March 2025	35,000	35,000
Carrying amount
At 31 March 2025	15,000	15,000
At 31 March 2024	20,000	20,000

The Central Store (Huntington) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	190,768	16,114	206,882
At 31 March 2025	190,768	16,114	206,882
Depreciation
At 1 April 2024	-	14,789	14,789
Charge for the year	-	1,325	1,325
At 31 March 2025	-	16,114	16,114
Carrying amount
At 31 March 2025	190,768	-	190,768
At 31 March 2024	190,768	1,325	192,093

Included within the net book value of land and buildings above is £190,768 (2024 - £190,768) in respect of freehold land and buildings.
 

6	Investment properties

	2025 £
At 1 April	115,409
At 31 March	115,409

There has been no valuation of investment property by an independent valuer.

7

Debtors

Current	2025 £	2024 £
Prepayments	135	135
	135	135

The Central Store (Huntington) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	75	389
Accruals and deferred income	840	840
Other creditors	106,871	109,131
	107,786	110,360

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	340,000	340,000

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary share of £1 each	1	1	1	1

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	340,000	340,000

11	Related party transactions

As at the year end date the amount owed to the director was £446,871 (2024 - £449,131), which is included in creditors. This balance is unsecured, interest free and with no fixed terms of repayment.