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REGISTERED NUMBER: 00976251 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

C.B.ARNOLD LIMITED

C.B.ARNOLD LIMITED (REGISTERED NUMBER: 00976251)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C.B.ARNOLD LIMITED

COMPANY INFORMATION
for the year ended 5 April 2024







DIRECTORS: Mrs J M Arnold
Mr T R Arnold
Mr D C Arnold
Mrs L E Worgan





SECRETARY: Mrs J M Arnold





REGISTERED OFFICE: Bridge Farm
Bradfield
North Walsham
Norfolk
NR28 0NZ





REGISTERED NUMBER: 00976251 (England and Wales)





ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS

C.B.ARNOLD LIMITED (REGISTERED NUMBER: 00976251)

BALANCE SHEET
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 193,771 199,395
193,771 199,395

CURRENT ASSETS
Stocks 22,509 17,232
Debtors 6 1,458 3,348
Cash at bank 112,290 99,629
136,257 120,209
CREDITORS
Amounts falling due within one year 7 246,748 244,464
NET CURRENT LIABILITIES (110,491 ) (124,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,280

75,140

PROVISIONS FOR LIABILITIES 4,900 6,500
NET ASSETS 78,380 68,640

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 68,380 58,640
SHAREHOLDERS' FUNDS 78,380 68,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

C.B.ARNOLD LIMITED (REGISTERED NUMBER: 00976251)

BALANCE SHEET - continued
5 April 2024


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 Board of Directors and authorised for issue on 3 January 2025 and were signed on its behalf by:





Mrs J M Arnold - Director


C.B.ARNOLD LIMITED (REGISTERED NUMBER: 00976251)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 5 April 2024

1. STATUTORY INFORMATION

C.B.Arnold Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Goodwill has been amortised evenly over it's estimated useful life of 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property improvements - 10% on cost and 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Tractors - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

C.B.ARNOLD LIMITED (REGISTERED NUMBER: 00976251)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 6 April 2023
and 5 April 2024 15,000
AMORTISATION
At 6 April 2023
and 5 April 2024 15,000
NET BOOK VALUE
At 5 April 2024 -
At 5 April 2023 -

5. TANGIBLE FIXED ASSETS
Leasehold
property Plant and
improvements machinery Herd
£    £    £   
COST
At 6 April 2023 327,318 49,266 12,750
Additions 14,053 - -
Disposals - - (4,100 )
At 5 April 2024 341,371 49,266 8,650
DEPRECIATION
At 6 April 2023 174,734 44,865 -
Charge for year 7,200 949 -
At 5 April 2024 181,934 45,814 -
NET BOOK VALUE
At 5 April 2024 159,437 3,452 8,650
At 5 April 2023 152,584 4,401 12,750

C.B.ARNOLD LIMITED (REGISTERED NUMBER: 00976251)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

5. TANGIBLE FIXED ASSETS - continued

Motor
vehicles Tractors Totals
£    £    £   
COST
At 6 April 2023 31,634 150,950 571,918
Additions - - 14,053
Disposals - - (4,100 )
At 5 April 2024 31,634 150,950 581,871
DEPRECIATION
At 6 April 2023 28,472 124,452 372,523
Charge for year 790 6,638 15,577
At 5 April 2024 29,262 131,090 388,100
NET BOOK VALUE
At 5 April 2024 2,372 19,860 193,771
At 5 April 2023 3,162 26,498 199,395

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,378 -
Other debtors 80 3,348
1,458 3,348

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 84 -
Taxation and social security 5,833 1,194
Other creditors 240,831 243,270
246,748 244,464

8. RELATED PARTY DISCLOSURES

The company rents land at an annual rent of £1,800 from a Trust, the beneficiaries of which are the directors of the company and also operates land owned by a director, which is rent free.

Other creditors includes £238,966 (2023 £238,070) due to the directors.










C.B.ARNOLD LIMITED (REGISTERED NUMBER: 00976251)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

9. HERD

Cattle production herd stated at cost -
2024 2023

No £ No £
Brought forward 16 12,750 9 5,926
Movement in year (8 ) (4,100 ) 7 6,824
Carried forward 8 8,650 16 12,750