ACCOUNTS - Final Accounts

Registered number: 09293233

CENTRAL ACCOUNTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

CENTRAL ACCOUNTS LIMITED

REGISTERED NUMBER: 09293233

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		2,848		-
			2,848		-
Current assets
Debtors: amounts falling due within one year	5	2,999		-
Cash at bank and in hand	6	53,784		53,479
		56,783		53,479
Creditors: amounts falling due within one year	7	(62,081)		(55,900)
Net current liabilities			(5,298)		(2,421)

Net liabilities			(2,450)		(2,421)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(2,550)	(2,521)
	(2,450)	(2,421)

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CENTRAL ACCOUNTS LIMITED

REGISTERED NUMBER: 09293233

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M Mclaren

Director

Date: 26 May 2026

The notes on pages 3 to 7 form part of these financial statements.

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CENTRAL ACCOUNTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Central Accounts Limited is a private company, limited by shares, incorporated in England and Wales. The registered office and principal place of business is 1 Salar House, Campfield Road, St Albans, Hertfordshire, AL1 5HT.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. 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 financial statements are prepared in pounds sterling, the functional currency, and rounded to the nearest £1.

The following principal accounting policies have been applied:

2.2

Going concern

There are net current liabilities of £5,298 (2024 - £2,421) and total liabilities of £2,450 (2024 - £2,421) at the balance sheet date. After reviewing the forecasts and projections of the Company, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The shareholders have confirmed their ability and willingness to support the Company for at least 12 months from the date of approval of the financial statements. The Company continues to adopt the going concern basis in preparing its financial statements.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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CENTRAL ACCOUNTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

5 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.8

Pensions

The employees of the Company are members of the defined contribution pension scheme for employees operated by one of its related companies, Borras Construction Limited. The assets of the scheme are held seperately from those of the company. The annual contributions payable are charged to the profit and loss account.

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CENTRAL ACCOUNTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.9

Taxation

Tax is recognised in profit or loss except that a charge 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 5 (2024 - 5).

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	Additions	3,564
	At 31 December 2025	3,564
	Depreciation
	Charge for the year	716
	At 31 December 2025	716
	Net book value
	At 31 December 2025	2,848
	At 31 December 2024	-

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CENTRAL ACCOUNTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Prepayments and accrued income	2,999	-

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	53,784	53,479

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	67	147
Amounts owed to related parties	30,000	30,000
Other taxation and social security	29,939	25,553
Accruals and deferred income	2,075	200
	62,081	55,900

8.	Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £Nil (2024 - £Nil) were payable to the fund at the year end.

Related party transactions

During the year, the Company invoiced Borras Construction Limited £164,620 (2024 - £142,825) in respect of services provided. At the year end £15,000 (2024 - £15,000) is payable to Borras Construction Limited in respect of an unsecured interest free loan, repayable on demand. Borras Construction Limited owns 50% of the company.

During the year, the Company invoiced T & B (Contractors) Limited £168,945 (2024 - £149,075) in respect of services provided. At the year end £15,000 (2024 - £15,000) is payable to T & B (Contractors) Limited in respect of an unsecured interest free loan, repayable on demand. T & B (Contractors) Limited owns 50% of the Company.

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CENTRAL ACCOUNTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

10.	Ultimate parent undertaking and controlling party

There is no controlling parent undertaking and no overall controlling party.

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