16 March 2023 false Taxfiler 2024.6 true 14736000business:PrivateLimitedCompanyLtd2023-03-162024-03-31 147360002023-03-15 147360002023-03-162024-03-31 14736000business:AuditExemptWithAccountantsReport2023-03-162024-03-31 14736000business:FilletedAccounts2023-03-162024-03-31 147360002024-03-31 14736000business:Director12023-03-162024-03-31 14736000business:RegisteredOffice2023-03-162024-03-31 14736000core:WithinOneYear2024-03-31 14736000core:AfterOneYear2024-03-31 14736000core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14736000core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14736000core:PreviouslyStatedAmount2024-03-31 14736000business:SmallEntities2023-03-162024-03-31 14736000countries:EnglandWales2023-03-162024-03-31 14736000core:FurnitureFittings2023-03-162024-03-31 14736000core:ComputerEquipment2023-03-162024-03-31 14736000core:FurnitureFittings2023-03-15 14736000core:ComputerEquipment2023-03-15 14736000core:FurnitureFittings2024-03-31 14736000core:ComputerEquipment2024-03-31 14736000business:OrdinaryShareClass12023-03-162024-03-31 14736000business:Director112023-03-15 14736000business:Director112023-03-162024-03-31 14736000business:Director112024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14736000 (England and Wales)
CB Staffing Group Limited Unaudited accounts for the period from 16 March 2023 to 31 March 2024
CB Staffing Group Limited Unaudited accounts Contents
Page
- 2 -
CB Staffing Group Limited Company Information for the period from 16 March 2023 to 31 March 2024
Director
David William Bowles
Company Number
14736000 (England and Wales)
Registered Office
Suite 5 Arundel House Foxhole Road Chorley PR7 1NY England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
- 3 -
CB Staffing Group Limited Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
12,445 
Current assets
Debtors
65,327 
Cash at bank and in hand
3,183 
68,510 
Creditors: amounts falling due within one year
(189,837)
Net current liabilities
(121,327)
Total assets less current liabilities
(108,882)
Creditors: amounts falling due after more than one year
(16,357)
Net liabilities
(125,239)
Capital and reserves
Called up share capital
1 
Profit and loss account
(125,240)
Shareholders' funds
(125,239)
For the period ending 31 March 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 9 December 2024 and were signed on its behalf by
David William Bowles Director Company Registration No. 14736000
- 4 -
CB Staffing Group Limited Notes to the Accounts for the period from 16 March 2023 to 31 March 2024
1
Statutory information
CB Staffing Group Limited is a private company, limited by shares, registered in England and Wales, registration number 14736000. The registered office is Suite 5, Arundel House, Foxhole Road, Chorley, PR7 1NY, England.
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 been consistently applied within the same accounts.
Basis of preparation
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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director has reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, he continues to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
CB Staffing Group Limited Notes to the Accounts for the period from 16 March 2023 to 31 March 2024
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.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 16 March 2023
- 
- 
- 
Additions
9,091 
5,947 
15,038 
At 31 March 2024
9,091 
5,947 
15,038 
Depreciation
Charge for the period
1,644 
949 
2,593 
At 31 March 2024
1,644 
949 
2,593 
Net book value
At 31 March 2024
7,447 
4,998 
12,445 
- 6 -
CB Staffing Group Limited Notes to the Accounts for the period from 16 March 2023 to 31 March 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
40,843 
Accrued income and prepayments
3,345 
Other debtors
21,139 
65,327 
6
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
4,604 
VAT
155,117 
Trade creditors
12,106 
Taxes and social security
14,483 
Other creditors
921 
Accruals
2,606 
189,837 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
16,357 
8
Share capital
2024 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
Shares issued during the period:
1 Ordinary shares of £1 each
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
David William Bowles
- 
1,864 
- 
1,864 
- 
1,864 
- 
1,864 
10
Controlling party
Mr David William Bowles is the ultimate controlling party.
11
Average number of employees
During the period the average number of employees was 56.
- 7 -