1 April 2023 v2024.48.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP142642152023-04-012024-03-31142642152024-03-31142642152023-03-3114264215core:WithinOneYear2024-03-3114264215core:WithinOneYear2023-03-3114264215core:ShareCapital2024-03-3114264215core:ShareCapital2023-03-3114264215core:RetainedEarningsAccumulatedLosses2024-03-3114264215core:RetainedEarningsAccumulatedLosses2023-03-3114264215bus:Director12023-04-012024-03-3114264215bus:RegisteredOffice2023-04-012024-03-3114264215core:PlantMachinery2023-04-012024-03-3114264215core:MotorVehicles2023-04-012024-03-31142642152022-08-012023-03-3114264215core:PlantMachinery2023-04-0114264215core:PlantMachinery2024-03-3114264215core:PlantMachinery2023-03-311426421512023-04-012024-03-3114264215countries:EnglandWales2023-04-012024-03-3114264215bus:AuditExemptWithAccountantsReport2023-04-012024-03-3114264215bus:PrivateLimitedCompanyLtd2023-04-012024-03-3114264215bus:SmallEntities2023-04-012024-03-3114264215bus:FullAccounts2023-04-012024-03-31
Company registration number:
14264215
Cb Services U.K. Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Cb Services U.K. Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Cb Services U.K. Limited
Year ended
31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Cb Services U.K. Limited
for the year ended
31 March 2024
which comprise the income statement, statement of financial position, statement of changes in equity and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Cb Services U.K. Limited
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
Cb Services U.K. Limited
and state those matters that I have agreed to state to the Board of Directors of
Cb Services U.K. Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Cb Services U.K. Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Cb Services U.K. Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Cb Services U.K. Limited
. You consider that
Cb Services U.K. Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Cb Services U.K. Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Angela Hayward Accountant Limited
Chartered Accountant
17 High Street
Needham Market
Ipswich
Suffolk
IP6 8AL
United Kingdom
Date:
8 October 2024
Cb Services U.K. Limited
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Tangible assets 5
19,991
 
27,659
 
Current assets    
Debtors 6
31,028
 
29,369
 
Cash at bank and in hand
104,672
 
45,580
 
135,700
 
74,949
 
Creditors: amounts falling due within one year 7
(86,342
)
(53,416
)
Net current assets
49,358
 
21,533
 
Total assets less current liabilities 69,349   49,192  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
69,249
 
49,092
 
Shareholders funds
69,349
 
49,192
 
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
8 October 2024
, and are signed on behalf of the board by:
C Baker
Director
Company registration number:
14264215
Cb Services U.K. Limited
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Moulton House Borley Green
,
Woolpit
,
Bury St. Edmunds
,
Suffolk
,
IP30 9RP
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
25% straight line
Motor vehicles
25% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2023
31,610
 
Additions
313
 
At
31 March 2024
31,923
 
Depreciation  
At
1 April 2023
3,951
 
Charge
7,981
 
At
31 March 2024
11,932
 
Carrying amount  
At
31 March 2024
19,991
 
At 31 March 2023
27,659
 

6 Debtors

20242023
££
Trade debtors
31,028
 
28,357
 
Other debtors -  
1,012
 
31,028
 
29,369
 

7 Creditors: amounts falling due within one year

20242023
££
Trade creditors
11,241
 
2,403
 
Taxation and social security
30,150
 
4,832
 
Other creditors
44,951
 
46,181
 
86,342
 
53,416