Centem Limited - Accounts to registrar (filleted) - small 23.1.2
Centem Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 April 2022 to 30 September 2023 |
| for |
| Centem Limited |
| Centem Limited (Registered number: 05800474) |
| Contents of the Financial Statements |
| for the Period 1 April 2022 to 30 September 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Centem Limited |
| Company Information |
| for the Period 1 April 2022 to 30 September 2023 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Centem Limited (Registered number: 05800474) |
| Balance Sheet |
| 30 September 2023 |
| 30/9/23 | 31/3/22 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| Centem Limited (Registered number: 05800474) |
| Balance Sheet - continued |
| 30 September 2023 |
| 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 |
| Centem Limited (Registered number: 05800474) |
| Notes to the Financial Statements |
| for the Period 1 April 2022 to 30 September 2023 |
| 1. | STATUTORY INFORMATION |
| Centem Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| 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 |
| Fixtures and fittings | - |
| Taxation |
| Taxation for the period 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. |
| Centem Limited (Registered number: 05800474) |
| Notes to the Financial Statements - continued |
| for the Period 1 April 2022 to 30 September 2023 |
| 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 period 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. |
| Land and buildings |
| The directors have developed and successfully sold 2 of the three plots at the year ending 31 March 2016. Plot 3 is still to be built but this is a much small unit than the first two plots. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 April 2022 |
| Disposals | ( |
) |
| At 30 September 2023 |
| AMORTISATION |
| At 1 April 2022 |
| Eliminated on disposal | ( |
) |
| At 30 September 2023 |
| NET BOOK VALUE |
| At 30 September 2023 |
| At 31 March 2022 |
| Centem Limited (Registered number: 05800474) |
| Notes to the Financial Statements - continued |
| for the Period 1 April 2022 to 30 September 2023 |
| 5. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| Freehold | to | and |
| property | property | fittings | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2022 |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
| At 30 September 2023 |
| DEPRECIATION |
| At 1 April 2022 |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 September 2023 |
| NET BOOK VALUE |
| At 30 September 2023 |
| At 31 March 2022 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/23 | 31/3/22 |
| £ | £ |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/9/23 | 31/3/22 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Directors' loan accounts | 1,154 | 228,065 |
| Accrued expenses |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| As at the balance sheet date, the directors loan account financed by savings of the directors was owed to the directors of the company. The loan is repayable on demand no interest has been charged this year. . |