Central Construction Training Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07782423 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2022

for

Central Construction Training Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss R O D Kennedy

SECRETARY:

REGISTERED OFFICE:

Unit 5 Norton Canes Business Park

Norton Green Lane

Norton Canes

Cannock

Staffordshire

WS11 9SS

REGISTERED NUMBER:

07782423 (England and Wales)

ACCOUNTANTS:

Clover Chartered Certified Accountants

6 Trinity Place

Midland Drive

Sutton Coldfield

West Midlands

B72 1TX

FIXED ASSETS

Tangible assets

4

43,212

15,892

CURRENT ASSETS

Debtors

5

57,915

91,896

Cash at bank

212,843

499,201

270,758

591,097

CREDITORS

Amounts falling due within one year

6

(96,589

)

(100,113

)

NET CURRENT ASSETS

174,169

490,984

TOTAL ASSETS LESS CURRENT LIABILITIES

217,381

506,876

PROVISIONS FOR LIABILITIES

(6,551

)

(6,551

)

NET ASSETS

210,830

500,325

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

210,730

500,225

210,830

500,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 1 February 2023 and were signed by:

Miss R O D Kennedy - Director

1.	STATUTORY INFORMATION

Central Construction Training 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost, 25% on cost and 25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2021

33,016

304,258

337,274

Additions

-

42,495

42,495

At 31 July 2022

33,016

346,753

379,769

DEPRECIATION

At 1 August 2021

28,890

292,492

321,382

Charge for year

3,301

11,874

15,175

At 31 July 2022

32,191

304,366

336,557

NET BOOK VALUE

At 31 July 2022

825

42,387

43,212

At 31 July 2021

4,126

11,766

15,892

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

Plant and

machinery

etc

£

COST

Additions

42,495

At 31 July 2022

42,495

DEPRECIATION

Charge for year

8,499

At 31 July 2022

8,499

NET BOOK VALUE

At 31 July 2022

33,996

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.22

31.7.21

£

£

Trade debtors

45,407

78,516

Other debtors

12,508

13,380

57,915

91,896

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.22

31.7.21

£

£

Hire purchase contracts

35,835

-

Trade creditors

56,469

56,155

Taxation and social security

2,607

42,380

Other creditors

1,678

1,578

96,589

100,113

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss R O D Kennedy.

The ultimate controlling party is Miss R O D Kennedy.