Registration number:
CBB Group Ltd
for the Year Ended 31 December 2023
CBB Group Ltd
(Registration number: 11277855)
Balance Sheet as at 31 December 2023
Note |
2023 |
2022 |
|
Fixed assets |
|||
Investments |
3,999,312 |
3,999,312 |
|
Current assets |
|||
Debtors |
116,798 |
86,672 |
|
Cash at bank and in hand |
732 |
5,219 |
|
117,530 |
91,891 |
||
Creditors: Amounts falling due within one year |
(154,684) |
(30,677) |
|
Net current (liabilities)/assets |
(37,154) |
61,214 |
|
Total assets less current liabilities |
3,962,158 |
4,060,526 |
|
Creditors: Amounts falling due after more than one year |
(3,792,330) |
(4,068,069) |
|
Net assets/(liabilities) |
169,828 |
(7,543) |
|
Capital and reserves |
|||
Called up share capital |
166,967 |
166,927 |
|
Profit and loss account |
2,861 |
(174,470) |
|
Shareholders' funds/(deficit) |
169,828 |
(7,543) |
For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
......................................... |
CBB Group Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Investments |
2023 |
2022 |
|
Investments in subsidiaries |
|
|
Subsidiaries |
£ |
Cost or valuation |
|
At 1 January 2023 |
|
Provision |
|
Carrying amount |
|
At 31 December 2023 |
|
At 31 December 2022 |
|
CBB Group Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
|
2023 |
2022 |
|||
Subsidiary undertakings |
||||
|
England and Wales |
|
|
|
|
England and Wales |
|
|
|
|
England and Wales |
|
|
|
Debtors |
2023 |
2022 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
99,686 |
66,197 |
Other debtors |
17,112 |
20,475 |
116,798 |
86,672 |
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
|
Due within one year |
||
Other creditors |
149,184 |
25,177 |
Bank loans and overdrafts |
5,500 |
5,500 |
154,684 |
30,677 |
CBB Group Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Creditors: amounts falling due after more than one year
2023 |
2022 |
|
Due after one year |
||
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
2,183,503 |
2,454,020 |
Other non-current financial liabilities |
1,575,111 |
1,575,111 |
Bank loans and overdrafts |
33,716 |
38,938 |
3,792,330 |
4,068,069 |
Related party transactions |
Summary of transactions with subsidiaries
There were no disclosable transactions during the year. At the balance sheet date the amount due to Craven & Co Ltd was £2,183,503 (2022 - £2,454,020).
There were no disclosable transactions during the year. At the balance sheet date the amount due from Bedford Shelving Limited was £99,686 (2022 - £66,197).
There were no disclosable transactions during the year. At the balance sheet date the amount due from Booth Wire Products Limited was £Nil (2022 - £Nil).
Summary of transactions with other related parties
CBB Group Ltd owes £1,575,111 (2022 - £1,575,111) to Swingrite (UK) Limited.
Big Wind Limited
CBB Group Ltd owes £150,000 (2022 - £Nil) to Big Wind Limited.