Registration number: 02489626

Celtheath Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 8

Celtheath Limited

Company Information

Directors

Mrs E Shaw Mrs A Lonergan Mr D Woodward Mr C Shaw

Company secretary

Mrs A Lonergan

Registered office

Fawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Accountants

Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Celtheath Limited

(Registration number: 02489626)
Balance Sheet as at 31 July 2025

	Note	31 July 2025 £	31 July 2024 £
Fixed assets
Tangible assets	4	167,859	165,435
Current assets
Stocks	5	36,500	38,095
Debtors	6	313,411	756,816
Cash at bank and in hand		829,093	640,459
		1,179,004	1,435,370
Creditors: Amounts falling due within one year	7	(109,800)	(310,702)
Net current assets		1,069,204	1,124,668
Net assets		1,237,063	1,290,103
Capital and reserves
Called up share capital		100	100
Retained earnings		1,236,963	1,290,003
Shareholders' funds		1,237,063	1,290,103

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 November 2025 and signed on its behalf by:
 

Mrs E Shaw
Director

Celtheath Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Fawley House 2 Regatta Place
Marlow Road
Bourne End
Buckinghamshire
SL8 5TD
United Kingdom

These financial statements were authorised for issue by the Board on 25 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Celtheath Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

Asset class	Depreciation method and rate
Short leasehold property	10% on cost
Plant & machinery	15% on reducing balance
Furniture & equipment	15% on reducing balance
Motor vehicles	25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Celtheath Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 23 (2024 - 27).

Celtheath Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £
Cost or valuation
At 1 August 2024	23,882	457,282	79,591	82,257
Additions	-	1,439	40,420	1,548
Disposals	-	(1,796)	(31,441)	-
At 31 July 2025	23,882	456,925	88,570	83,805
Depreciation
At 1 August 2024	13,229	353,161	52,502	58,685
Charge for the year	2,388	15,618	16,635	4,697
Eliminated on disposal	-	(1,121)	(30,471)	-
At 31 July 2025	15,617	367,658	38,666	63,382
Carrying amount
At 31 July 2025	8,265	89,267	49,904	20,423
At 31 July 2024	10,653	104,121	27,089	23,572

	Total £
Cost or valuation
At 1 August 2024	643,012
Additions	43,407
Disposals	(33,237)
At 31 July 2025	653,182
Depreciation
At 1 August 2024	477,577
Charge for the year	39,338
Eliminated on disposal	(31,592)
At 31 July 2025	485,323
Carrying amount
At 31 July 2025	167,859
At 31 July 2024	165,435

Included within the net book value of land and buildings above is £8,265 (2024 - £10,653) in respect of short leasehold land and buildings.
 

Celtheath Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

5

Stocks

	31 July 2025 £	31 July 2024 £
Other inventories	36,500	38,095

6

Debtors

Current	Note	31 July 2025 £	31 July 2024 £
Trade debtors		188,727	610,645
Amounts owed by related parties	9	12,197	-
Prepayments		88,464	121,648
Other debtors		24,023	24,523
		313,411	756,816

7

Creditors

Creditors: amounts falling due within one year

	31 July 2025 £	31 July 2024 £
Due within one year
Trade creditors	63,767	100,590
Taxation and social security	39,046	199,585
Accruals and deferred income	4,250	3,965
Other creditors	2,737	6,562
	109,800	310,702

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £808,288 (2024 - £1,030,952).

Celtheath Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

9	Related party transactions

Transactions with directors

2025	At 1 August 2024 £	Advances to director £	Repayments by director £	At 31 July 2025 £
Mr D Woodward
Interest free loan, repayable on demand	(3,577)	15,878	(104)	12,197

2024	At 1 August 2023 £	Advances to director £	Repayments by director £	At 31 July 2024 £
Mr D Woodward
Interest free loan, repayable on demand	750	11,144	(15,471)	(3,577)