Central Axle Services (Midlands) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02856395 (England and Wales)

Financial Statements for the Year Ended 30 October 2025

for

Central Axle Services (Midlands) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T Evans

REGISTERED OFFICE:

74 Grange Road

Dudley

West Midlands

DY1 2AW

REGISTERED NUMBER:

02856395 (England and Wales)

FIXED ASSETS

Tangible assets

4

650,000

CURRENT ASSETS

Stocks

2,513

2,527

Debtors

16,971

28,040

Cash at bank

13,951

10,830

33,435

41,397

CREDITORS

Amounts falling due within one year

43,632

151,311

NET CURRENT LIABILITIES

(10,197

)

(109,914

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

639,803

540,086

CREDITORS

Amounts falling due after more than one
year

99,944

9,824

NET ASSETS

539,859

530,262

CAPITAL AND RESERVES

Called up share capital

6

100

Revaluation reserve

494,211

Retained earnings

45,548

35,951

SHAREHOLDERS' FUNDS

539,859

530,262

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 May 2026 and were signed by:

Mr T Evans - Director

1.	STATUTORY INFORMATION

Central Axle Services (Midlands) Limited 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.

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 as modified by the revaluation of certain assets.

The financial statements are prepared in Pound Sterling (£) and are rounded to the nearest pound.

The financial statements are prepared on the going concern basis based upon the continued support of the director Mr T Evans.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

0%

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

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.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 31 October 2024

and 30 October 2025

738,544

DEPRECIATION

At 31 October 2024

and 30 October 2025

88,544

NET BOOK VALUE

At 30 October 2025

650,000

At 30 October 2024

650,000

Cost or valuation at 30 October 2025 is represented by:

Totals

£

Valuation in 2010

153,485

Valuation in 2020

340,000

Valuation in 2021

726

Cost

244,333

738,544

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.10.25

30.10.24

£

Cost

156,515

Aggregate depreciation

726

Value of land in freehold land and buildings

155,789

Freehold land and buildings were valued on an open market basis on 30 October 2025 by the director .

5.	SECURED DEBTS

The bank loan is secured by a first legal mortgage over 220 Montgomery Street, Sparkbrook, Birmingham, West Midlands, B11 1DS, together with a personal guarantee from the director.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.10.25

30.10.24

value:

£

100

Ordinary

£1

100