Centrepoint House Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06016387 (England and Wales)

Financial Statements

for the Year Ended 31 December 2018

for

Centrepoint House Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D C A Barrett

REGISTERED OFFICE:

Centrepoint House

2 Denmark Road

Guildford

Surrey

GU1 4DA

REGISTERED NUMBER:

06016387 (England and Wales)

ACCOUNTANTS:

Barnbrook Sinclair

Chartered Accountants

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Tangible assets

4

120,465

190,253

CURRENT ASSETS

Debtors

5

28,761

74,272

Cash at bank

11,912

3,846

40,673

78,118

CREDITORS

Amounts falling due within one year

6

(617,437

)

(455,294

)

NET CURRENT LIABILITIES

(576,764

)

(377,176

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(456,299

)

(186,923

)

CREDITORS

Amounts falling due after more than one year

7

(139,435

)

(344,672

)

NET LIABILITIES

(595,734

)

(531,595

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(595,735

)

(531,596

)

SHAREHOLDERS' FUNDS

(595,734

)

(531,595

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 12 February 2019 and were signed by:

D C A Barrett - Director

1.	STATUTORY INFORMATION

Centrepoint House 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents licence fees, car park rents, fulfilment charges and other amounts receivable from tenants,

net of value added tax.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

Going concern

The accounts have been prepared on a going concern basis as the shareholder, Mr P Steffens, has confirmed that

he will continue to provide financial support to the company to enable it to meet its liabilities as they fall due for

the foreseeable future.

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Cost

At 1 January 2018

and 31 December 2018

1,103,431

125,188

101,422

1,330,041

Depreciation

At 1 January 2018

913,365

125,001

101,422

1,139,788

Charge for year

69,687

101

-

69,788

At 31 December 2018

983,052

125,102

101,422

1,209,576

Net book value

At 31 December 2018

120,379

86

-

120,465

At 31 December 2017

190,066

187

-

190,253

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/18

31/12/17

£

£

Other debtors

28,761

74,272

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/18

31/12/17

£

£

Trade creditors

6,138

9,056

Taxation and social security

4,505

2,501

Other creditors

606,794

443,737

617,437

455,294

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/18

31/12/17

£

£

Other creditors

139,435

344,672