CBCT Trading Limited |
Registered number: |
04410262 |
Balance Sheet |
as at 30 November 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
- |
|
|
186 |
|
Current assets |
Debtors |
3 |
|
65,087 |
|
|
67,116 |
Cash at bank and in hand |
|
|
8,217 |
|
|
2,453 |
|
|
|
73,304 |
|
|
69,569 |
|
Creditors: amounts falling due within one year |
4 |
|
(72,597) |
|
|
(72,978) |
|
Net current assets/(liabilities) |
|
|
|
707 |
|
|
(3,409) |
|
Net assets/(liabilities) |
|
|
|
707 |
|
|
(3,223) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
705 |
|
|
(3,225) |
|
Shareholder's funds |
|
|
|
707 |
|
|
(3,223) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Dr J Blyth |
Director |
Approved by the board on 25 July 2024 |
|
CBCT Trading Limited |
Notes to the Accounts |
for the year ended 30 November 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance |
|
2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
At 1 December 2022 |
95,174 |
|
Surplus on revaluation |
- |
|
Disposals |
- |
|
At 30 November 2023 |
95,174 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2022 |
94,988 |
|
Charge for the year |
186 |
|
Surplus on revaluation |
- |
|
On disposals |
- |
|
At 30 November 2023 |
95,174 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2023 |
- |
|
At 30 November 2022 |
186 |
|
|
CBCT Trading Limited, as stipulated by the Charities Commission, manages and rents out buildings owned by the parent charity, Caterham Barracks Community Trust ("the Trust"). The buildings are rented to tenants partly on commercial terms, to provide an income stream, and partly on non-commercial terms (or with limitations), both of which enable the charity to carry out its charitable objects. The buildings and improvement costs are included in the parent charity accounts. |
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Trade debtors |
35,226 |
|
28,487 |
|
Amounts owed by group undertakings |
|
27,931 |
|
34,364 |
|
Other debtors |
1,930 |
|
4,265 |
|
|
|
|
|
|
65,087 |
|
67,116 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
|
- |
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Trade creditors |
4,860 |
|
1,313 |
|
Taxation and social security costs |
24,119 |
|
33,178 |
|
Other creditors |
43,618 |
|
38,487 |
|
|
|
|
|
|
72,597 |
|
72,978 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
During the year £168,000 (2022 - £120,000) rent charge was made by the Trust for CBCT Trading's use of the buildings that Trust owns. The amount charged by Trust is included within investment income in the accounts of the Trust. |
|
|
Last year, at 1 December 2021, the Trust waived the loan due from Trading of £249,392. The Charity Commission was informed and their permission is not required given that the trustees of the Trust consider all the conditions necessary to have been fulfilled. |
|
|
During the year, CBCT Trading Limited made donations of £44,000 (2022: nil) to the Trust. |
|
|
|
£21,334 (2022 - £20,000) was charged by Rojen Consulting Limited, a company owned by Robin Clements, the director. |
|
|
Included within other creditors is £4,000 (2022: £4,000) owed to Richard Moran, the director. |
6 |
Controlling party |
|
The ultimate controlling company is Caterham Barracks Community Trust, a registered charity incorporated in England and Wales. |
7 |
Other information |
|
|
CBCT Trading Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Officers' Mess |
|
Coldstream Road |
|
Caterham |
|
CR3 5QX |
|
8 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
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|