Company Registration No. 07540325 (England and Wales)
C.G.B. & Sons Ltd
Unaudited accounts
for the year ended 28 February 2023
C.G.B. & Sons Ltd
Unaudited accounts
Contents
C.G.B. & Sons Ltd
Company Information
for the year ended 28 February 2023
Company Number
07540325 (England and Wales)
Registered Office
28 Kings Park Drive
Binley
Coventry
CV3 2UJ
Accountants
Winkle and Co Accountants
61 Albert Street
Rugby
CV21 2SN
C.G.B. & Sons Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
6,785
8,416
Cash at bank and in hand
14,195
17,984
Creditors: amounts falling due within one year
(52,318)
(53,419)
Net current assets
6,168
2,814
Called up share capital
1
1
Profit and loss account
12,952
11,229
Shareholders' funds
12,953
11,230
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 27 November 2023 and were signed on its behalf by
C Griffiths
Director
Company Registration No. 07540325
C.G.B. & Sons Ltd
Notes to the Accounts
for the year ended 28 February 2023
C.G.B. & Sons Ltd is a private company, limited by shares, registered in England and Wales, registration number 07540325. The registered office is 28 Kings Park Drive, Binley, Coventry, CV3 2UJ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
22,800
1,303
24,103
At 28 February 2023
22,800
1,793
24,593
At 1 March 2022
14,962
725
15,687
Charge for the year
1,960
161
2,121
At 28 February 2023
16,922
886
17,808
At 28 February 2023
5,878
907
6,785
At 28 February 2022
7,838
578
8,416
Amounts falling due within one year
Trade debtors
22,150
16,667
C.G.B. & Sons Ltd
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
31,167
41,167
Trade creditors
6,510
1,472
Taxes and social security
12,934
10,128
Loans from directors
1,707
652
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).