Centrick Group Limited - Accounts to registrar (filleted) - small 23.1.2
Centrick Group Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| CENTRICK GROUP LIMITED |
| Unaudited Financial Statements for the Year Ended 30 September 2022 |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CENTRICK GROUP LIMITED |
| Company Information |
| for the Year Ended 30 September 2022 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 59-61 Charlotte Street |
| St Pauls Square |
| Birmingham |
| West Midlands |
| B3 1PX |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Balance Sheet |
| 30 September 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The directors acknowledge their 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. |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Balance Sheet - continued |
| 30 September 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2022 |
| 1. | STATUTORY INFORMATION |
| Centrick Group Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The below criteria must also be met before recognising turnover in relation to the provision of services. |
| Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: |
| 1) The amount of turnover can be reliably measured; |
| 2) It is probable that the company will receive the consideration due under the contract; |
| 3) The stage of completion of the contract at the end of the reporting period can be measured reliably; and |
| 4) The costs incurred and the costs to complete the contract can be measured reliably. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Investments in subsidiaries |
| Investments in subsidiaries are measured at cost less accumulated impairment |
| 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. |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligations. |
| The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. |
| Financial instruments |
| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. |
| Dividends |
| Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by shareholders at an annual general meeting. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| Additions |
| At 30 September 2022 |
| AMORTISATION |
| Charge for year |
| At 30 September 2022 |
| NET BOOK VALUE |
| At 30 September 2022 |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2022 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 October 2021 |
| Additions |
| At 30 September 2022 |
| DEPRECIATION |
| At 1 October 2021 |
| Charge for year |
| At 30 September 2022 |
| NET BOOK VALUE |
| At 30 September 2022 |
| At 30 September 2021 |
| 6. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 October 2021 |
| and 30 September 2022 |
| NET BOOK VALUE |
| At 30 September 2022 |
| At 30 September 2021 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: 2nd Floor The Exchange, 17-19 Newhall Street, Birmingham, West Midlands, B3 3PJ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2022 | 2021 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2022 |
| 6. | FIXED ASSET INVESTMENTS - continued |
| Registered office: 2nd Floor The Exchange, 17-19 Newhall Street, Birmingham, West Midlands, B3 3PJ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2022 | 2021 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: 2nd Floor The Exchange, 17-19 Newhall Street, Birmingham, West Midlands, B3 3PJ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2022 | 2021 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: 2nd Floor The Exchange, 17-19 Newhall Street, Birmingham, West Midlands, B3 3PJ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2022 | 2021 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Amounts owed by associates |
| Other debtors |
| CENTRICK GROUP LIMITED (REGISTERED NUMBER: 10831910) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2022 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Amounts owed to associates | - | 45,000 |
| Tax |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 27,053 | 9,597 |
| Accruals and deferred income |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Mr and Mrs Ackrill by virtu of their majority shareholding |