Registered number: SC543652 | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||
CBJP Newco 1 Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
City of Edinburgh | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in SC - Scotland, registered number SC543652 | ||||||||
ACCOUNTANTS | ||||||||
Hodgson and Company | ||||||||
16 Barnes Green | ||||||||
Livingston | ||||||||
West Lothian | ||||||||
EH54 8PP |
CBJP Newco 1 Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 AUGUST 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
CBJP Newco 1 Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
138,218 | 92,975 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (104,682) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 80,151 | 85,679 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 25,442 | 4,200 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
CBJP Newco 1 Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. | ||||||||
The accounts have been prepared on a going concern basis. The director has reviewed and considered relevant information, including the annual budget and future cash flows in making this assessment. In particular, in response to the COVID-19 pandemic, the director has tested his cash flow analysis to take into account the impact on the business of possible scenarios brought on by the impact of COVID-19, alongside the measures that the company can take to mitigate the impact. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the director has concluded that the company can continue to adopt the going concern basis in preparing the annual reports and accounts. |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
3. TANGIBLE FIXED ASSETS |
Cost |
At 31 August 2024 |
Depreciation |
At 31 August 2024 |
Net Book Amounts |
At 31 August 2024 |
CBJP Newco 1 Ltd | ||||||||
4. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 1 September 2023 | 194,661 | 194,661 | ||||||
At 31 August 2024 | 194,661 | 194,661 | ||||||
The property was valued on a fair value basis by the director on 31 August 2024. | ||||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 50,400 | 50,400 | ||||||
Directors current account | 87,185 | 42,380 | ||||||
137,585 | 92,780 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 9,195 | 16,103 | ||||||
VAT | 8,366 | 8,371 | ||||||
Bank Loan | 5,889 | 6,249 | ||||||
Accrued expenses | 13,327 | 13,328 | ||||||
36,777 | 44,051 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans | 80,151 | 85,679 | ||||||
80,151 | 85,679 | |||||||
CBJP Newco 1 Ltd | ||||||||
8. SECURED DEBTS | ||||||||
The bank loan amounting to £86,039 (2023: £91,927) from the Royal Bank of Scotland PLC is secured by way of a standard security against the company's investment property. | ||||||||