Company Registration No. 13689479 (England and Wales)
CENTBEE HOLDINGS LIMITED
Unaudited accounts
for the period from 19 October 2021 to 31 October 2022
CENTBEE HOLDINGS LIMITED
Unaudited accounts
Contents
CENTBEE HOLDINGS LIMITED
Company Information
for the period from 19 October 2021 to 31 October 2022
Directors
Angus Brown
Alexander Fauvel
Lorien Gamaroff
Paul Rajchgod
Company Number
13689479 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET
LONDON
W1W 7LT
ENGLAND
CENTBEE HOLDINGS LIMITED
Statement of financial position
as at 31 October 2022
Creditors: amounts falling due within one year
(28,798)
Net current liabilities
(28,797)
Total assets less current liabilities
37,391
Creditors: amounts falling due after more than one year
(325,324)
Profit and loss account
(287,934)
Shareholders' funds
(287,933)
For the period ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2023 and were signed on its behalf by
Angus Brown
Director
Company Registration No. 13689479
CENTBEE HOLDINGS LIMITED
Notes to the Accounts
for the period from 19 October 2021 to 31 October 2022
CENTBEE HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13689479. The registered office is 85 GREAT PORTLAND STREET, LONDON, W1W 7LT, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The Company's financial statements are prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of obligations in the normal course of business. However, the Company has not generated any revenues in the year and has accumulated losses to date. The Company does not currently have any revenue generating operations. These conditions, among others, raise substantial doubt about the ability of the Company to continue as a going concern.
In view of these matters, continuation as a going concern is dependent upon continued operations of the Company, which in turn is dependent upon the Company’s ability to, meets its financial requirements, raise additional capital, and the success of its future operations. The financial statements do not include any adjustments to the amount and classification of assets and liabilities that may be necessary should the Company not continue as a going concern.
Management plans to fund operations of the Company through advances from existing shareholders, private placement of restricted securities or the issuance of stock in lieu of cash for payment of services until such a time as a business combination or other profitable investment may be achieved. Management believes that this plan provides an opportunity for the Company to continue as a going concern.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
CENTBEE HOLDINGS LIMITED
Notes to the Accounts
for the period from 19 October 2021 to 31 October 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
7
Creditors: amounts falling due after more than one year
2022
8
Transactions with related parties
During the year Centbee Holdings Limited purchased software from Centbee (PTY) Ltd and recorded loans to Centbee (PTY) Ltd.
The balance at 31 October 2022 owed to Centbee PTY Limited, is £28,737.
9
Average number of employees
During the period the average number of employees was 4.
