Century Park Trading International Limit - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02883073 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2021

for

Century Park Trading International

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A A M Al-Omeri

SECRETARY:

A A M Al-Omeri

REGISTERED OFFICE:

Unit 26 Centruy Park

Bordesley

Birmingham

B9 3NX

REGISTERED NUMBER:

02883073 (England and Wales)

ACCOUNTANTS:

Dhillon Accountants Limited

Chartered Accountants

Office 1

21 Hatherton Street

Walsall

WS4 2LA

CURRENT ASSETS

Debtors

5

1,677,707

1,666,440

Cash at bank

9,436

14,005

1,687,143

1,680,445

CREDITORS

Amounts falling due within one year

6

(3,337

)

(3,384

)

NET CURRENT ASSETS

1,683,806

1,677,061

TOTAL ASSETS LESS CURRENT LIABILITIES

1,683,806

1,677,061

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

1,633,806

1,627,061

1,683,806

1,677,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 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 29 June 2022 and were signed by:

A A M Al-Omeri - Director

1.	STATUTORY INFORMATION

Century Park Trading International 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.

Tangible fixed assets

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

estimated useful life.

Land and buildings

- Straight line over 10 years

Plant and machinery etc

- 25% on reducing balance and 20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2020

and 30 September 2021

76,815

200,294

277,109

DEPRECIATION

At 1 October 2020

and 30 September 2021

76,815

200,294

277,109

NET BOOK VALUE

At 30 September 2021

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Other debtors

1,677,707

1,666,440

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Taxation and social security

1,417

1,464

Other creditors

1,920

1,920

3,337

3,384

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2021 and 30 September 2020:

30.9.21

30.9.20

£

£

A A M Al-Omeri

Balance outstanding at start of year

276,227

264,528

Amounts advanced

11,119

11,699

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

287,346

276,227

Interest was charged at the market rate on the outstanding debt of the director.

8.	RELATED PARTY DISCLOSURES

As at year end CPT International (UK) Limited owed £1,311,013 to the company (2020: £1,310,867).

Companies have common shareholding and directorship.