Company registration number 01746004 (England and Wales)
CENTRAL PLATE SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
CENTRAL PLATE SERVICES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
CENTRAL PLATE SERVICES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
273,662
310,786
Current assets
Stocks
975,603
718,875
Debtors
4
3,945,653
1,882,367
Cash at bank and in hand
66,551
1,824,129
4,987,807
4,425,371
Creditors: amounts falling due within one year
5
(2,070,435)
(1,495,760)
Net current assets
2,917,372
2,929,611
Total assets less current liabilities
3,191,034
3,240,397
Provisions for liabilities
(17,037)
(33,881)
Net assets
3,173,997
3,206,516
Capital and reserves
Called up share capital
666
666
Capital redemption reserve
333
333
Profit and loss reserves
3,172,998
3,205,517
Total equity
3,173,997
3,206,516
CENTRAL PLATE SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 July 2026 and are signed on its behalf by:
Mr T Horton
Director
Company registration number 01746004 (England and Wales)
CENTRAL PLATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Central Plate Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wednesfield Way, Wolverhampton, WV11 3FG.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of goods provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings
10% Straight Line
Plant and equipment
10% Straight Line
Fixtures and fittings
20% Straight Line
Motor vehicles
20% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

CENTRAL PLATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

CENTRAL PLATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities 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 company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

CENTRAL PLATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 6 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
11
12
CENTRAL PLATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2025
213,495
362,330
575,825
Additions
16,770
26,437
43,207
Disposals
-
0
(109,819)
(109,819)
At 31 March 2026
230,265
278,948
509,213
Depreciation and impairment
At 1 April 2025
5,720
259,319
265,039
Depreciation charged in the year
23,026
30,267
53,293
Eliminated in respect of disposals
-
0
(82,781)
(82,781)
At 31 March 2026
28,746
206,805
235,551
Carrying amount
At 31 March 2026
201,519
72,143
273,662
At 31 March 2025
207,775
103,011
310,786
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
1,577,698
1,526,440
Amounts owed by group undertakings
14,463
16,428
Other debtors
2,353,492
339,499
3,945,653
1,882,367
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
1,645,928
1,366,864
Corporation tax
82,879
51,140
Other taxation and social security
41,136
9,374
Other creditors
300,492
68,382
2,070,435
1,495,760
6
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

CENTRAL PLATE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
6
Related party transactions
(Continued)
- 8 -
Sales
Sales
2026
2025
£
£
Other related parties
202,011
300,820
Rent paid
2026
2025
£
£
Other related parties
140,000
-
2026
2025
Amounts due from related parties
£
£
Entities with control, joint control or significant influence over the company
4,072
16,427
Other related parties
2,388,358
379,011
2026-03-31 2025-04-01 false false false 30 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs A Horton Mr T Horton 01746004 2025-04-01 2026-03-31 01746004 2026-03-31 01746004 2025-03-31 01746004 core:LandBuildings 2026-03-31 01746004 core:OtherPropertyPlantEquipment 2026-03-31 01746004 core:LandBuildings 2025-03-31 01746004 core:OtherPropertyPlantEquipment 2025-03-31 01746004 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 01746004 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 01746004 core:CurrentFinancialInstruments 2026-03-31 01746004 core:CurrentFinancialInstruments 2025-03-31 01746004 core:ShareCapital 2026-03-31 01746004 core:ShareCapital 2025-03-31 01746004 core:CapitalRedemptionReserve 2026-03-31 01746004 core:CapitalRedemptionReserve 2025-03-31 01746004 core:RetainedEarningsAccumulatedLosses 2026-03-31 01746004 core:RetainedEarningsAccumulatedLosses 2025-03-31 01746004 bus:Director2 2025-04-01 2026-03-31 01746004 core:LandBuildings core:LongLeaseholdAssets 2025-04-01 2026-03-31 01746004 core:PlantMachinery 2025-04-01 2026-03-31 01746004 core:FurnitureFittings 2025-04-01 2026-03-31 01746004 core:MotorVehicles 2025-04-01 2026-03-31 01746004 2024-04-01 2025-03-31 01746004 core:LandBuildings 2025-03-31 01746004 core:OtherPropertyPlantEquipment 2025-03-31 01746004 2025-03-31 01746004 core:LandBuildings 2025-04-01 2026-03-31 01746004 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 01746004 core:OtherRelatedParties core:SaleOrPurchaseGoods 2025-04-01 2026-03-31 01746004 core:OtherRelatedParties core:SaleOrPurchaseGoods 2024-04-01 2025-03-31 01746004 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 01746004 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 01746004 bus:FRS102 2025-04-01 2026-03-31 01746004 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 01746004 bus:Director1 2025-04-01 2026-03-31 01746004 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP