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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
Page
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C.G.B. & Sons Ltd Company Information for the year ended 29 February 2024
Director
C Griffiths
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
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C.G.B. & Sons Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,878 
6,785 
Current assets
Inventories
4,650 
22,141 
Debtors
24,160 
22,150 
Cash at bank and in hand
41,235 
14,195 
70,045 
58,486 
Creditors: amounts falling due within one year
(71,589)
(52,318)
Net current (liabilities)/assets
(1,544)
6,168 
Net assets
26,334 
12,953 
Capital and reserves
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
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C.G.B. & Sons Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Additions
32,870 
- 
32,870 
Disposals
(9,000)
- 
(9,000)
At 29 February 2024
46,670 
1,793 
48,463 
Depreciation
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 
Net book value
At 29 February 2024
27,107 
771 
27,878 
At 28 February 2023
5,878 
907 
6,785 
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C.G.B. & Sons Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
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 
71,589 
52,318 
7
Share capital
2024 
2023 
£ 
£ 
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).
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