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Company Registration No. 12513591 (England and Wales)
CB PERFORMANCE LTD Unaudited accounts for the year ended 31 March 2023
CB PERFORMANCE LTD Unaudited accounts Contents
Page
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CB PERFORMANCE LTD Company Information for the year ended 31 March 2023
Directors
C Ball R Ciaff
Company Number
12513591 (England and Wales)
Registered Office
Wyk House The Street Rotherwick Hook Hampshire RG27 9BL
Accountants
Lane Accounting Limited Denmark House 143 High Street Chalfont St Peter Buckinghamshire SL9 9QL
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CB PERFORMANCE LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
525,000 
525,000 
Tangible assets
322,879 
248,626 
847,879 
773,626 
Current assets
Inventories
414 
- 
Debtors
38,500 
13,138 
Cash at bank and in hand
40,556 
33,993 
79,470 
47,131 
Creditors: amounts falling due within one year
(2,683)
(21,141)
Net current assets
76,787 
25,990 
Net assets
924,666 
799,616 
Capital and reserves
Called up share capital
1,033 
946 
Share premium
1,015,341 
840,429 
Profit and loss account
(91,708)
(41,759)
Shareholders' funds
924,666 
799,616 
For the year ending 31 March 2023 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
C Ball Director Company Registration No. 12513591
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CB PERFORMANCE LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
CB PERFORMANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 12513591. The registered office is Wyk House The Street, Rotherwick, Hook, Hampshire, RG27 9BL.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
10% per annum of cost
Other tangible fixed assets
10% per annum of cost
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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CB PERFORMANCE LTD Notes to the Accounts for the year ended 31 March 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2022
525,000 
At 31 March 2023
525,000 
Amortisation
At 1 April 2022
- 
At 31 March 2023
- 
Net book value
At 31 March 2023
525,000 
At 31 March 2022
525,000 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
275,892 
Additions
112,798 
At 31 March 2023
388,690 
Depreciation
At 1 April 2022
27,266 
Charge for the year
38,545 
At 31 March 2023
65,811 
Net book value
At 31 March 2023
322,879 
At 31 March 2022
248,626 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,000 
12,875 
Amounts due from group undertakings etc.
37,500 
- 
Other debtors
- 
263 
38,500 
13,138 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,265 
19,811 
Accruals
1,418 
1,330 
2,683 
21,141 
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CB PERFORMANCE LTD Notes to the Accounts for the year ended 31 March 2023
8
Loans to directors
During the year the company purchased consultancy services from Mr C Ball totalling £34,900. Mr Ball is a director of the company.
9
Transactions with related parties
At the year end the company was owed £37,500 by CB Future Tech Ltd. Mr Ball is a director of both companies.
10
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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