REGISTERED NUMBER: SC460798 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Centravend Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

123,633

116,432

CURRENT ASSETS

Stocks

83,273

75,764

Debtors

5

156,334

165,030

Cash at bank and in hand

45,332

24,741

284,939

265,535

CREDITORS

Amounts falling due within one year

6

(242,223

)

(216,219

)

NET CURRENT ASSETS

42,716

49,316

TOTAL ASSETS LESS CURRENT LIABILITIES

166,349

165,748

CREDITORS

Amounts falling due after more than one year

7

(62,844

)

(62,448

)

NET ASSETS

103,505

103,300

CAPITAL AND RESERVES

Called up share capital

100

540,100

Retained earnings

103,405

(436,800

)

SHAREHOLDERS' FUNDS

103,505

103,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 6 October 2026 and were signed by:

Mr D Chambers - Director

1.	STATUTORY INFORMATION

Centravend Ltd is a private company, limited by shares, domiciled in Scotland, registration number SC460798. The registered office is Unit 5 Gateway Business Park, Beancross Road, Grangemouth, Stirlingshire, FK3 8WX.

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.

Turnover

Turnover represents net invoiced sales of goods and services in respect of vending machines, excluding value added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

225,130

Additions

52,090

Disposals

(15,498

)

At 31 March 2026

261,722

DEPRECIATION

At 1 April 2025

108,698

Charge for year

42,454

Eliminated on disposal

(13,063

)

At 31 March 2026

138,089

NET BOOK VALUE

At 31 March 2026

123,633

At 31 March 2025

116,432

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

140,006

Additions

52,090

Disposals

(15,498

)

At 31 March 2026

176,598

DEPRECIATION

At 1 April 2025

59,399

Charge for year

26,644

Eliminated on disposal

(13,063

)

At 31 March 2026

72,980

NET BOOK VALUE

At 31 March 2026

103,618

At 31 March 2025

80,607

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

68,371

53,693

Amounts owed by related parties

73,688

73,132

Other debtors

14,275

38,205

156,334

165,030

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,609

15,964

Hire purchase contracts

50,547

43,275

Trade creditors

109,453

77,922

Taxation and social security

23,250

21,532

Other creditors

57,364

57,526

242,223

216,219

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

1,667

Hire purchase contracts

62,844

60,781

62,844

62,448

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

113,391

104,056

Factoring account

44,988

29,792

158,379

133,848

Ultimate Invoice Finance Limited hold a floating charge over all property and undertakings of the company in respect of the factoring account.

Hire purchase contracts are secured on the assets to which they relate.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Mr D Chambers

Balance outstanding at start of year

32,905

-

Amounts advanced

9,000

32,905

Amounts repaid

(32,930

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,975

32,905

10.	RELATED PARTY DISCLOSURES

At the year end, amounts owed by companies under common control was £73,688 (2025: £73,132). Management charges were raised to these companies totalling £164,247 (2025: £134.309).