Silverfin false false 31/03/2024 01/04/2023 31/03/2024 Mrs F A Watteau 13/05/2023 Executor of the estate of Mr C C Wreford-Brown 13/05/2023 Miss C E Wreford-Brown 13/05/2023 Mr G C Wreford-Brown 13/05/2023 23 November 2024 The principal activity of the company during the financial year was management consultancy activities other than financial management. 11947145 2024-03-31 11947145 bus:Director1 2024-03-31 11947145 bus:Director2 2024-03-31 11947145 bus:Director3 2024-03-31 11947145 bus:Director4 2024-03-31 11947145 2023-03-31 11947145 core:CurrentFinancialInstruments 2024-03-31 11947145 core:CurrentFinancialInstruments 2023-03-31 11947145 core:ShareCapital 2024-03-31 11947145 core:ShareCapital 2023-03-31 11947145 core:RetainedEarningsAccumulatedLosses 2024-03-31 11947145 core:RetainedEarningsAccumulatedLosses 2023-03-31 11947145 core:Vehicles 2023-03-31 11947145 core:FurnitureFittings 2023-03-31 11947145 core:ComputerEquipment 2023-03-31 11947145 core:Vehicles 2024-03-31 11947145 core:FurnitureFittings 2024-03-31 11947145 core:ComputerEquipment 2024-03-31 11947145 bus:OrdinaryShareClass1 2024-03-31 11947145 bus:OrdinaryShareClass2 2024-03-31 11947145 2023-04-01 2024-03-31 11947145 bus:FilletedAccounts 2023-04-01 2024-03-31 11947145 bus:SmallEntities 2023-04-01 2024-03-31 11947145 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11947145 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11947145 bus:Director1 2023-04-01 2024-03-31 11947145 bus:Director2 2023-04-01 2024-03-31 11947145 bus:Director3 2023-04-01 2024-03-31 11947145 bus:Director4 2023-04-01 2024-03-31 11947145 core:Vehicles 2023-04-01 2024-03-31 11947145 core:FurnitureFittings core:TopRangeValue 2023-04-01 2024-03-31 11947145 core:ComputerEquipment core:TopRangeValue 2023-04-01 2024-03-31 11947145 2022-04-01 2023-03-31 11947145 core:FurnitureFittings 2023-04-01 2024-03-31 11947145 core:ComputerEquipment 2023-04-01 2024-03-31 11947145 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 11947145 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 11947145 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 11947145 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11947145 (England and Wales)

CWB RURAL CONSULTANCY LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

CWB RURAL CONSULTANCY LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

CWB RURAL CONSULTANCY LIMITED

BALANCE SHEET

As at 31 March 2024
CWB RURAL CONSULTANCY LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 670 17,771
670 17,771
Current assets
Debtors 4 55,281 21,164
Cash at bank and in hand 118,808 13,767
174,089 34,931
Creditors: amounts falling due within one year 5 ( 44,405) ( 16,621)
Net current assets 129,684 18,310
Total assets less current liabilities 130,354 36,081
Net assets 130,354 36,081
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 130,254 35,981
Total shareholders' funds 130,354 36,081

For the financial 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.

Directors' responsibilities:

The financial statements of CWB Rural Consultancy Limited (registered number: 11947145) were approved and authorised for issue by the Board of Directors on 23 November 2024. They were signed on its behalf by:

Mr G C Wreford-Brown
Director
CWB RURAL CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
CWB RURAL CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CWB Rural Consultancy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In the opinion of the director, the company has sufficient working capital within existing facilities to continue to trade for the foreseeable future, and therefore the financial statements have been prepared on a going concern basis.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of VAT, returns and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles 25 % reducing balance
Fixtures and fittings 7 years straight line
Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 1 1

3. Tangible assets

Vehicles Fixtures and fittings Computer equipment Total
£ £ £ £
Cost
At 01 April 2023 22,130 2,690 400 25,220
Disposals ( 22,130) 0 0 ( 22,130)
At 31 March 2024 0 2,690 400 3,090
Accumulated depreciation
At 01 April 2023 5,533 1,616 300 7,449
Charge for the financial year 0 404 100 504
Disposals ( 5,533) 0 0 ( 5,533)
At 31 March 2024 0 2,020 400 2,420
Net book value
At 31 March 2024 0 670 0 670
At 31 March 2023 16,597 1,074 100 17,771

4. Debtors

2024 2023
£ £
Trade debtors 40,325 21,164
Amounts owed by directors 13,388 0
Prepayments 1,568 0
55,281 21,164

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 828
Amounts owed to directors 406 2,059
Accruals 3,525 2,130
Corporation tax 38,511 9,594
Other taxation and social security 1,963 2,010
44,405 16,621

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
75 Ordinary shares of £ 1.00 each 75 75
25 Ordinary A shares of £ 1.00 each 25 25
100 100

7. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Opening balance (2,059) (533)
Plus loan advances made in the period 31,167 63,414
Less loan repayments in the period (720) (64,940)
Less dividends declared (15,000) 0
Closing balance 13,388 (2,059)

During the year, the company made loan advancements totalling £13,388 to a Director. Interest on the loan has been charged at the official rate and it is repayable on demand.