REGISTERED NUMBER: 13378100 (England and Wales)

CENTRAL BOTTLED GAS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Reeves

REGISTERED OFFICE:

7 St John Street

Mansfield

Nottinghamshire

NG181QH

REGISTERED NUMBER:

13378100 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Intangible assets

5

40,000

45,000

Tangible assets

6

549,576

548,971

589,576

593,971

CURRENT ASSETS

Stocks

15,577

18,501

Debtors

7

108,655

81,673

Cash at bank and in hand

67,504

87,991

191,736

188,165

CREDITORS

Amounts falling due within one year

8

350,030

421,215

NET CURRENT LIABILITIES

(158,294

)

(233,050

)

TOTAL ASSETS LESS CURRENT LIABILITIES

431,282

360,921

CREDITORS

Amounts falling due after more than one year

9

(133,212

)

(171,646

)

PROVISIONS FOR LIABILITIES

(74,987

)

(47,086

)

NET ASSETS

223,083

142,189

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

223,082

142,188

SHAREHOLDERS' FUNDS

223,083

142,189

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 December 2025 and were signed by:

Mr A Reeves - Director

1.	STATUTORY INFORMATION

Central Bottled Gas Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents the value excluding Value Added Tax of bottled gas products provided to customers during the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments

Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

50,000

AMORTISATION

At 1 June 2024

5,000

Amortisation for year

5,000

At 31 May 2025

10,000

NET BOOK VALUE

At 31 May 2025

40,000

At 31 May 2024

45,000

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

582,247

136,635

1,337

720,219

Additions

73,458

30,039

-

103,497

At 31 May 2025

655,705

166,674

1,337

823,716

DEPRECIATION

At 1 June 2024

118,613

52,050

585

171,248

Charge for year

73,984

28,658

250

102,892

At 31 May 2025

192,597

80,708

835

274,140

NET BOOK VALUE

At 31 May 2025

463,108

85,966

502

549,576

At 31 May 2024

463,634

84,585

752

548,971

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

103,464

78,427

Other debtors

-

118

Prepayments and accrued income

5,191

3,128

108,655

81,673

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

61,458

73,257

Hire purchase contracts

49,405

32,049

Trade creditors

115,088

116,849

Social security and other taxes

5,308

3,357

VAT

16,444

11,911

Other creditors

1,584

777

Directors' current accounts

97,878

180,848

Accruals and deferred income

2,865

2,167

350,030

421,215

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

19,440

77,760

Hire purchase contracts

113,772

93,886

133,212

171,646

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

1

1

1

11.	RELATED PARTY DISCLOSURES

Director remuneration in the year totalled £30,345 (2024:£16,740).

12.	TRANSITION FROM FRS105 TO FRS102 SECTION 1A

The financial statements have been restated in accordance with transition from FRS105 to FRS102 section 1A

The impact of the transition on the opening position at 1 June 2023 is a reduction in profit and loss reserves of £15,591

The impact of transition to the 2024 accounting period is the recognition of deferred taxation amounting to a reduction in profit and loss reserves of £31,495 and an increase in provisions of £31,495