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REGISTERED NUMBER: 08848102 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

SBCHB Ltd

SBCHB Ltd (Registered number: 08848102)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SBCHB Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: S B Burton
C H Burton





SECRETARY: C H Burton





REGISTERED OFFICE: 55 Gretton Road
Gotherington
Cheltenham
GL52 9QU





REGISTERED NUMBER: 08848102 (England and Wales)





ACCOUNTANTS: Obsidian Accountancy Limited
Suite 9 Corum Two
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

SBCHB Ltd (Registered number: 08848102)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,094 21,211

CURRENT ASSETS
Debtors 5 12,851 19,669
Cash at bank 121,805 100,325
134,656 119,994
CREDITORS
Amounts falling due within one year 6 30,737 32,864
NET CURRENT ASSETS 103,919 87,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,013

108,341

CREDITORS
Amounts falling due after more than
one year

7

12,282

14,966
NET ASSETS 108,731 93,375

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 108,631 93,275
SHAREHOLDERS' FUNDS 108,731 93,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

SBCHB Ltd (Registered number: 08848102)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by:




S B Burton - Director



C H Burton - Director


SBCHB Ltd (Registered number: 08848102)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

SBCHB Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SBCHB Ltd (Registered number: 08848102)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 36,273
Additions 3,270
At 31 March 2023 39,543
DEPRECIATION
At 1 April 2022 15,062
Charge for year 7,387
At 31 March 2023 22,449
NET BOOK VALUE
At 31 March 2023 17,094
At 31 March 2022 21,211

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 12,603 13,004
Other debtors 248 6,665
12,851 19,669

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 2,078 2,078
Taxation and social security 26,843 30,035
Other creditors 1,816 751
30,737 32,864

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 12,282 14,966

SBCHB Ltd (Registered number: 08848102)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Hire purchase contracts 14,360 17,044

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
S B Burton
Balance outstanding at start of year 6,417 3,966
Amounts advanced - 6,451
Amounts repaid (6,417 ) (4,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 6,417

No interest was charged on this loan during the year.