2023-03-012024-02-292024-02-29false11544421C&B VENTURES LIMITED2024-11-2756103iso4217:GBPxbrli:pure115444212023-03-01115444212024-02-29115444212023-03-012024-02-29115444212022-03-01115444212023-02-28115444212022-03-012023-02-2811544421bus:SmallEntities2023-03-012024-02-2911544421bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2911544421bus:FullAccounts2023-03-012024-02-2911544421bus:PrivateLimitedCompanyLtd2023-03-012024-02-2911544421core:WithinOneYear2024-02-2911544421core:AfterOneYear2024-02-2911544421core:WithinOneYear2023-02-2811544421core:AfterOneYear2023-02-2811544421core:ShareCapital2024-02-2911544421core:SharePremium2024-02-2911544421core:RevaluationReserve2024-02-2911544421core:OtherReservesSubtotal2024-02-2911544421core:RetainedEarningsAccumulatedLosses2024-02-2911544421core:ShareCapital2023-02-2811544421core:SharePremium2023-02-2811544421core:RevaluationReserve2023-02-2811544421core:OtherReservesSubtotal2023-02-2811544421core:RetainedEarningsAccumulatedLosses2023-02-2811544421core:LandBuildings2024-02-2911544421core:PlantMachinery2024-02-2911544421core:Vehicles2024-02-2911544421core:FurnitureFittings2024-02-2911544421core:OfficeEquipment2024-02-2911544421core:NetGoodwill2024-02-2911544421core:IntangibleAssetsOtherThanGoodwill2024-02-2911544421core:ListedExchangeTraded2024-02-2911544421core:UnlistedNon-exchangeTraded2024-02-2911544421core:LandBuildings2023-02-2811544421core:PlantMachinery2023-02-2811544421core:Vehicles2023-02-2811544421core:FurnitureFittings2023-02-2811544421core:OfficeEquipment2023-02-2811544421core:NetGoodwill2023-02-2811544421core:IntangibleAssetsOtherThanGoodwill2023-02-2811544421core:ListedExchangeTraded2023-02-2811544421core:UnlistedNon-exchangeTraded2023-02-2811544421core:LandBuildings2023-03-012024-02-2911544421core:PlantMachinery2023-03-012024-02-2911544421core:Vehicles2023-03-012024-02-2911544421core:FurnitureFittings2023-03-012024-02-2911544421core:OfficeEquipment2023-03-012024-02-2911544421core:NetGoodwill2023-03-012024-02-2911544421core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2911544421core:ListedExchangeTraded2023-03-012024-02-2911544421core:UnlistedNon-exchangeTraded2023-03-012024-02-2911544421core:MoreThanFiveYears2023-03-012024-02-2911544421core:Non-currentFinancialInstruments2024-02-2911544421core:Non-currentFinancialInstruments2023-02-2811544421dpl:CostSales2023-03-012024-02-2911544421dpl:DistributionCosts2023-03-012024-02-2911544421core:LandBuildings2023-03-012024-02-2911544421core:PlantMachinery2023-03-012024-02-2911544421core:Vehicles2023-03-012024-02-2911544421core:FurnitureFittings2023-03-012024-02-2911544421core:OfficeEquipment2023-03-012024-02-2911544421dpl:AdministrativeExpenses2023-03-012024-02-2911544421core:NetGoodwill2023-03-012024-02-2911544421core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2911544421dpl:GroupUndertakings2023-03-012024-02-2911544421dpl:ParticipatingInterests2023-03-012024-02-2911544421dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2911544421core:ListedExchangeTraded2023-03-012024-02-2911544421dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2911544421core:UnlistedNon-exchangeTraded2023-03-012024-02-2911544421dpl:CostSales2022-03-012023-02-2811544421dpl:DistributionCosts2022-03-012023-02-2811544421core:LandBuildings2022-03-012023-02-2811544421core:PlantMachinery2022-03-012023-02-2811544421core:Vehicles2022-03-012023-02-2811544421core:FurnitureFittings2022-03-012023-02-2811544421core:OfficeEquipment2022-03-012023-02-2811544421dpl:AdministrativeExpenses2022-03-012023-02-2811544421core:NetGoodwill2022-03-012023-02-2811544421core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2811544421dpl:GroupUndertakings2022-03-012023-02-2811544421dpl:ParticipatingInterests2022-03-012023-02-2811544421dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2811544421core:ListedExchangeTraded2022-03-012023-02-2811544421dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2811544421core:UnlistedNon-exchangeTraded2022-03-012023-02-2811544421core:NetGoodwill2024-02-2911544421core:IntangibleAssetsOtherThanGoodwill2024-02-2911544421core:LandBuildings2024-02-2911544421core:PlantMachinery2024-02-2911544421core:Vehicles2024-02-2911544421core:FurnitureFittings2024-02-2911544421core:OfficeEquipment2024-02-2911544421core:AfterOneYear2024-02-2911544421core:WithinOneYear2024-02-2911544421core:ListedExchangeTraded2024-02-2911544421core:UnlistedNon-exchangeTraded2024-02-2911544421core:ShareCapital2024-02-2911544421core:SharePremium2024-02-2911544421core:RevaluationReserve2024-02-2911544421core:OtherReservesSubtotal2024-02-2911544421core:RetainedEarningsAccumulatedLosses2024-02-2911544421core:NetGoodwill2023-02-2811544421core:IntangibleAssetsOtherThanGoodwill2023-02-2811544421core:LandBuildings2023-02-2811544421core:PlantMachinery2023-02-2811544421core:Vehicles2023-02-2811544421core:FurnitureFittings2023-02-2811544421core:OfficeEquipment2023-02-2811544421core:AfterOneYear2023-02-2811544421core:WithinOneYear2023-02-2811544421core:Liste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C&B VENTURES LIMITED

Registered Number
11544421
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

C&B VENTURES LIMITED
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

Ball, Matthew Richard Oliver
Crook, Christopher Steven

Registered Address

2nd Floor Grove House
55 Lowlands Road
Harrow
HA1 3AW

Registered Number

11544421 (England and Wales)
C&B VENTURES LIMITED
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets387,267103,133
Tangible assets4134,830165,020
222,097268,153
Current assets
Stocks12,85813,013
Debtors5105,456147,304
Cash at bank and on hand55,74998,514
174,063258,831
Creditors amounts falling due within one year6(275,542)(301,222)
Net current assets (liabilities)(101,479)(42,391)
Total assets less current liabilities120,618225,762
Creditors amounts falling due after one year7(125,056)(200,049)
Net assets(4,438)25,713
Capital and reserves
Called up share capital100100
Profit and loss account(4,538)25,613
Shareholders' funds(4,438)25,713
The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2024, and are signed on its behalf by:
Crook, Christopher Steven
Director
Registered Company No. 11544421
C&B VENTURES LIMITED
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
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.
Intangible assets
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery20
Fixtures and fittings20
Vehicles20
Office Equipment20
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year3035
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 March 23158,667158,667
At 29 February 24158,667158,667
Amortisation and impairment
At 01 March 2355,53455,534
Charge for year15,86615,866
At 29 February 2471,40071,400
Net book value
At 29 February 2487,26787,267
At 28 February 23103,133103,133
4.Tangible fixed assets

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 March 23225,16414,56880,27219,793339,797
Additions795-1,6518503,296
At 29 February 24225,95914,56881,92320,643343,093
Depreciation and impairment
At 01 March 23136,3701,51730,7396,151174,777
Charge for year17,8702,61010,2172,78933,486
At 29 February 24154,2404,12740,9568,940208,263
Net book value
At 29 February 2471,71910,44140,96711,703134,830
At 28 February 2388,79413,05149,53313,642165,020
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables10,22211,817
Other debtors82,888123,588
Prepayments and accrued income12,34611,899
Total105,456147,304
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables60,71847,218
Bank borrowings and overdrafts91,58891,588
Amounts owed to related parties29,66664,666
Taxation and social security39,67938,872
Finance lease and HP contracts3,49013,088
Other creditors45,43844,385
Accrued liabilities and deferred income4,9631,405
Total275,542301,222
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts118,949200,049
Other creditors6,107-
Total125,056200,049
8.Related party transactions
Included in other creditors is the directors' current account balance of £44,095 (2023: £44,383) which relates to the directors. Amounts owed to related parties of £29,666 (2023: £64,666) relates to 2 Degrees West Holdings Ltd, this is the holding company.