Company Registration No. 07540325 (England and Wales)
C.G.B. & Sons Ltd
Unaudited accounts
for the year ended 29 February 2024
C.G.B. & Sons Ltd
Unaudited accounts
Contents
C.G.B. & Sons Ltd
Company Information
for the year ended 29 February 2024
Company Number
07540325 (England and Wales)
Registered Office
28 Kings Park Drive
Binley
Coventry
CV3 2UJ
Accountants
Winkle and Co Accountants
61 Albert Street
Rugby
CV21 2SN
C.G.B. & Sons Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
27,878
6,785
Cash at bank and in hand
41,235
14,195
Creditors: amounts falling due within one year
(71,589)
(52,318)
Net current (liabilities)/assets
(1,544)
6,168
Called up share capital
1
1
Profit and loss account
26,333
12,952
Shareholders' funds
26,334
12,953
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 November 2024 and were signed on its behalf by
C Griffiths
Director
Company Registration No. 07540325
C.G.B. & Sons Ltd
Notes to the Accounts
for the year ended 29 February 2024
C.G.B. & Sons Ltd is a private company, limited by shares, registered in England and Wales, registration number 07540325. The registered office is 28 Kings Park Drive, Binley, Coventry, CV3 2UJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in ã sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
22,800
1,793
24,593
Disposals
(9,000)
-
(9,000)
At 29 February 2024
46,670
1,793
48,463
At 1 March 2023
16,922
886
17,808
Charge for the year
11,141
136
11,277
On disposals
(8,500)
-
(8,500)
At 29 February 2024
19,563
1,022
20,585
At 29 February 2024
27,107
771
27,878
At 28 February 2023
5,878
907
6,785
C.G.B. & Sons Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
24,160
22,150
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
21,167
31,167
Obligations under finance leases and hire purchase contracts
32,870
-
Trade creditors
1,726
6,510
Taxes and social security
11,482
12,934
Loans from directors
4,344
1,707
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).