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Company Registration No. 4943353 (England and Wales)
CBA PROJECT MANAGEMENT LIMITED Unaudited accounts for the year ended 31 October 2023
CBA PROJECT MANAGEMENT LIMITED Unaudited accounts Contents
Page
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CBA PROJECT MANAGEMENT LIMITED Company Information for the year ended 31 October 2023
Director
Mr Colin Chester
Company Number
4943353 (England and Wales)
Registered Office
48 Beechcroft Road Bushey Herts WD23 2JU
Accountants
Fielding Accountancy Services Ltd 48 Beechcroft Road Bushey Herts WD23 2JU
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CBA PROJECT MANAGEMENT LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,168 
3,975 
Investment property
490,000 
490,000 
493,168 
493,975 
Current assets
Debtors
2,845 
3,222 
Cash at bank and in hand
15,093 
38,126 
17,938 
41,348 
Creditors: amounts falling due within one year
(82,983)
(113,646)
Net current liabilities
(65,045)
(72,298)
Total assets less current liabilities
428,123 
421,677 
Creditors: amounts falling due after more than one year
(21,183)
(31,033)
Provisions for liabilities
Deferred tax
(15,573)
(16,149)
Net assets
391,367 
374,495 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
56,888 
56,888 
Profit and loss account
334,379 
317,507 
Shareholders' funds
391,367 
374,495 
For the year ending 31 October 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 29 December 2023 and were signed on its behalf by
Mr Colin Chester Director Company Registration No. 4943353
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CBA PROJECT MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
CBA PROJECT MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4943353. The registered office is 48 Beechcroft Road, Bushey, Herts, WD23 2JU.
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 comprises Project Management Fees Receivable.
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:
Fixtures & fittings
30% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investment property
Investment properties are normally included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The two investment properties were revalued by Crickmay Chartered Surveyors in respect of the property at 30 Greylands Estate, Horsham, West Sussex, and by ETP Property Consultants in respect of the property at Unit 389, Block Q, The Paintworks, Bristol, on 26th February 2020, being their market value at that time . These values have been considered relevant for inclusion in the company accounts as at 31st October 2023, being a similar value that would have been appropriate at that time.
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CBA PROJECT MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 October 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
80,000 
At 31 October 2023
80,000 
Amortisation
At 1 November 2022
80,000 
At 31 October 2023
80,000 
Net book value
At 31 October 2023
- 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
29,860 
Additions
551 
At 31 October 2023
30,411 
Depreciation
At 1 November 2022
25,885 
Charge for the year
1,358 
At 31 October 2023
27,243 
Net book value
At 31 October 2023
3,168 
At 31 October 2022
3,975 
6
Investment property
2023 
£ 
Fair value at 1 November 2022
490,000 
At 31 October 2023
490,000 
The two investment properties were revalued by Crickmay Chartered Surveyors in respect of the property at 30 Greylands Estate, Horsham, West Sussex, and by ETP Property Consultants in respect of the property at Unit 389, Block Q, The Paintworks, Bristol, on 26th February 2020, being their market value at that time . These values have been considered relevant for inclusion in the company accounts as at 31st October 2022, being a similar value that would have been appropriate at that time.
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,845 
3,222 
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CBA PROJECT MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 October 2023
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,785 
10,785 
Trade creditors
5,893 
5,893 
Taxes and social security
6,578 
2,875 
Other creditors
11,350 
7,800 
Loans from directors
39,884 
71,836 
Deferred income
8,493 
14,457 
82,983 
113,646 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,183 
31,033 
The Company received a £50000 Government Guaranteed 'Covid' Loan of which £21183 is shown as a loan repayable after more than 1 year.
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
11
Transactions with related parties
The company was under the control of Mr C Chester throughout the current and previous year. He is also the managing Director, and 100% shareholder. Dividends paid during the year amounted to £1000 (£2000 for 2022) to the Director.
12
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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