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REGISTERED NUMBER: 05999689 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

CB (GUNMAKERS) LIMITED

CB (GUNMAKERS) LIMITED (REGISTERED NUMBER: 05999689)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

CB (GUNMAKERS) LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTOR: C Batha





SECRETARY: Mrs S Gump





REGISTERED OFFICE: 206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS





REGISTERED NUMBER: 05999689 (England and Wales)





ACCOUNTANTS: F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS

CB (GUNMAKERS) LIMITED (REGISTERED NUMBER: 05999689)

BALANCE SHEET
31 January 2024

2023 2024
£    £    Notes £    £   
FIXED ASSETS
7,685 Tangible assets 5 5,817

CURRENT ASSETS
80,927 Stocks 97,240
1,255 Debtors 6 2,018
7,283 Cash at bank 15,140
89,465 114,398
CREDITORS
93,028 Amounts falling due within one year 7 122,869
(3,563 ) NET CURRENT LIABILITIES (8,471 )
4,122 TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,654

)

CAPITAL AND RESERVES
999 Called up share capital 999
3,123 Retained earnings (3,653 )
4,122 SHAREHOLDERS' FUNDS (2,654 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 12 October 2024 and were signed by:





C Batha - Director


CB (GUNMAKERS) LIMITED (REGISTERED NUMBER: 05999689)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

CB (Gunmakers) Ltd is a private company, limited by shares and registered in England and Wales.

The company's registered number and registered office address are as follows:

Registered number: 05999689

Registered office: 206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS

The presentation currency of the financial statement is the Pound Sterling (£)

The principal activity of the company in the year under review was that of gunmaker.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

As with most businesses the company has been impacted by the Coronavirus (Covid 19). This has had an impact on its operations, customers and suppliers. The business has not qualified for grants and benefits available from the Government but the business is taking all the steps it can to protect the future of its business.

Although the total impact is still uncertain the directors believe that it is appropriate to prepare the accounts on a going concern basis.

Significant judgements and estimates
No significant judgements or estimates have had to be made by the directors in preparing these financial statements.

Turnover
Turnover is derived from the sale of guns and recognised when delivery is made.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stock are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items . Cost is based on invoice price for parts and labour.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.


CB (GUNMAKERS) LIMITED (REGISTERED NUMBER: 05999689)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
Totals fittings vehicles
£    £    £   
COST
At 1 February 2023
and 31 January 2024 36,248 3,748 32,500
DEPRECIATION
At 1 February 2023 28,563 3,213 25,350
Charge for year 1,868 80 1,788
At 31 January 2024 30,431 3,293 27,138
NET BOOK VALUE
At 31 January 2024 5,817 455 5,362
At 31 January 2023 7,685 535 7,150

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT - 966
Prepayments 2,018 289
2,018 1,255

CB (GUNMAKERS) LIMITED (REGISTERED NUMBER: 05999689)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,546 391
Other creditors 120,523 91,524
Directors' current accounts - 1,113
Accrued expenses 800 -
122,869 93,028

CB (GUNMAKERS) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
CB (GUNMAKERS) LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS


12 October 2024