Registered number
04410262
CBCT Trading Limited
Unaudited Filleted Accounts
30 November 2023
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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