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REGISTERED NUMBER: 05979784 (England and Wales)















Financial Statements for the Year Ended 30 June 2023

for

CSDB Limited

CSDB Limited (Registered number: 05979784)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


CSDB Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: D C G Bay
J K Robinson





SECRETARY: I P Chapman





REGISTERED OFFICE: 12 Broad Ground Road
Lakeside Industrial Estate
Redditch
Worcestershire
B98 8YP





REGISTERED NUMBER: 05979784 (England and Wales)





AUDITORS: Kenneth Morris Limited
Statutory Auditors
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL

CSDB Limited (Registered number: 05979784)

Abridged Balance Sheet
30 June 2023

2023 2022
£    £   
CURRENT ASSETS
Debtors 25,000 43,230
Cash at bank 12,500 4,270
37,500 47,500
CREDITORS
Amounts falling due within one year 10,000 10,000
NET CURRENT ASSETS 27,500 37,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,500

37,500

CREDITORS
Amounts falling due after more than one
year

27,500

37,500
NET LIABILITIES - -

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 54,510 54,510
Retained earnings (55,510 ) (55,510 )
SHAREHOLDERS' FUNDS - -

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 October 2023 and were signed on its behalf by:





I P Chapman - Director


CSDB Limited (Registered number: 05979784)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

CSDB 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.

Going concern
The financial statements have been prepared on a going concern basis, which the directors believe to be appropriate for the following reasons; the company is dependent for its working capital on funds provided to it by CDI Holdings Pte Limited, the company's ultimate parent undertaking. CDI Holdings Pte Limited has provided the company with an undertaking that for at least 12 months from the date of approval of these financial statements it will continue to make available such funds as are needed by the company. This should enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due for repayment. As with any company placing reliance on other group entities for financial support, the directors acknowledge that at the date of these financial statements, they have no reason to believe that it will not as the group and the ultimate parent director have the resources to do so.

Based on this understanding, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments which would result from the basis of preparation being inappropriate.

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 NIL (2022 - NIL).

4. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Richard Waller (Senior Statutory Auditor)
for and on behalf of Kenneth Morris Limited

CSDB Limited (Registered number: 05979784)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. CONTINGENT LIABILITIES

There were no material contingent liabilities at the year end.

6. POST BALANCE SHEET EVENTS

There were no material post balance sheet events.

7. ULTIMATE CONTROLLING PARTY

The controlling party is CDI Holdings Pte Limited, a company incorporated in Singapore.

The ultimate controlling party is D C G Bay.