Company Registration No. 07181764 (England and Wales)
Celtic Oriental Limited
Unaudited accounts
for the year ended 28 February 2026
Celtic Oriental Limited
Unaudited accounts
Contents
Celtic Oriental Limited
Company Information
for the year ended 28 February 2026
Directors
Brian Evans-Jones
Derek Anthony Lucas
Secretary
Brian Evans-Jones
Company Number
07181764 (England and Wales)
Registered Office
2a East Road
Penallta Industrial Estate
Hengoed
CF82 7SU
United Kingdom
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
Celtic Oriental Limited
Statement of financial position
as at 28 February 2026
Tangible assets
529,486
473,862
Inventories
196,049
165,024
Cash at bank and in hand
507,408
307,498
Creditors: amounts falling due within one year
(333,271)
(388,837)
Net current assets
772,003
543,212
Total assets less current liabilities
1,301,489
1,017,074
Provisions for liabilities
Net assets
1,272,447
1,017,074
Called up share capital
4,000
4,000
Capital redemption reserve
2,000
2,000
Profit and loss account
1,266,447
1,011,074
Shareholders' funds
1,272,447
1,017,074
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by
Brian Evans-Jones
Director
Company Registration No. 07181764
Celtic Oriental Limited
Notes to the Accounts
for the year ended 28 February 2026
Celtic Oriental Limited is a private company, limited by shares, registered in England and Wales, registration number 07181764. The registered office is 2a East Road, Penallta Industrial Estate, Hengoed, CF82 7SU, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight Line
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Celtic Oriental Limited
Notes to the Accounts
for the year ended 28 February 2026
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2025
510,161
212,398
9,060
731,619
Additions
15,630
70,374
1,950
87,954
At 28 February 2026
525,791
282,772
11,010
819,573
At 1 March 2025
102,031
150,161
5,565
257,757
Charge for the year
10,441
20,866
1,023
32,330
At 28 February 2026
112,472
171,027
6,588
290,087
At 28 February 2026
413,319
111,745
4,422
529,486
At 28 February 2025
408,130
62,237
3,495
473,862
Amounts falling due within one year
Trade debtors
340,222
387,257
Accrued income and prepayments
3,207
6,126
Other debtors
25,850
20,850
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Creditors: amounts falling due within one year
2026
2025
Trade creditors
168,080
285,426
Taxes and social security
149,788
91,878
Other creditors
2,273
1,355
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Average number of employees
During the year the average number of employees was 18 (2025: 17).