Company Registration No. SC422435 (Scotland)
CGB Translations Limited
Unaudited accounts
for the year ended 30 April 2023
CGB Translations Limited
Unaudited accounts
Contents
CGB Translations Limited
Company Information
for the year ended 30 April 2023
Directors
Craig Bedworth
Georgie Bedworth
Company Number
SC422435 (Scotland)
Registered Office
FIR TREES
31 RIGG ROAD
CUMNOCK
AYRSHIRE
KA18 3JB
Accountants
McKinnon & Co Ltd ACPA
33 Newmarket Street
Ayr
Ayrshire
KA7 1LL
CGB Translations Limited
Statement of financial position
as at 30 April 2023
Tangible assets
11,190
12,433
Cash at bank and in hand
27,612
27,612
Creditors: amounts falling due within one year
(45,497)
(20,915)
Net current assets
10,179
20,667
Total assets less current liabilities
21,369
33,100
Creditors: amounts falling due after more than one year
(24,577)
(35,360)
Net liabilities
(3,208)
(2,260)
Called up share capital
100
100
Profit and loss account
(3,308)
(2,360)
Shareholders' funds
(3,208)
(2,260)
For the year ending 30 April 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 25 January 2024 and were signed on its behalf by
Craig Bedworth
Director
Company Registration No. SC422435
CGB Translations Limited
Notes to the Accounts
for the year ended 30 April 2023
CGB Translations Limited is a private company, limited by shares, registered in Scotland, registration number SC422435. The registered office is FIR TREES, 31 RIGG ROAD, CUMNOCK, AYRSHIRE, KA18 3JB.
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.
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:
Plant & machinery
10% Reducing
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
24,482
10,388
CGB Translations Limited
Notes to the Accounts
for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,232
7,385
Trade creditors
11,513
2,605
Loans from directors
19,377
8,379
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).