CBT LIMITED

Company Registration Number:
03210669 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

CBT LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

CBT LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 321,014 366,071
Total fixed assets: 321,014 366,071
Current assets
Debtors: 4 222,481 202,384
Cash at bank and in hand: 17,746 564
Total current assets: 240,227 202,948
Creditors: amounts falling due within one year: 5 (285,002) (239,867)
Net current assets (liabilities): (44,775) (36,919)
Total assets less current liabilities: 276,239 329,152
Creditors: amounts falling due after more than one year: 6 (80,325) (109,328)
Provision for liabilities: (70,944) (77,974)
Total net assets (liabilities): 124,970 141,850
Capital and reserves
Called up share capital: 2 2
Revaluation reserve:763,58863,588
Profit and loss account: 61,380 78,260
Shareholders funds: 124,970 141,850

The notes form part of these financial statements

CBT LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 December 2024
and signed on behalf of the board by:

Name: A J Baldwin
Status: Director

The notes form part of these financial statements

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

Tangible fixed assets and depreciation policy

Depreciation is provided by the company to write off the cost or value of its tangible fixed assets by equal annual instalments over their useful economic lives as follows: Plant and machinery 4 to 10 years Motor cars 3 to 5 years

Other accounting policies

LEASES Where the company enters into a lease which entails taking substantially all the risk and reward of ownership of the asset, the lease is treated as a 'finance lease'. The asset is recorded in the balance sheet as a tangible fixed asset and is depreciated over its estimated useful life. Future instalments under such leases are included within creditors. Rental payments are apportioned between the finance element, which is charged to the profit and loss account, and the capital element, which reduces the outstanding obligation for future instalments. All other leases are accounted for as 'operation leases' and the rental charges are charged to the profit and loss account on a straight line basis over the life of the lease. PENSION CONTRIBUTIONS The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and actually paid in the year are shown as accruals or prepayments at the year end. DEFERRED TAXATION Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred tax is not provided on timing differences arising from the revaluation of fixed asset where there is no commitment to sell the asset.

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 19 18

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 711,040
Additions 57,310
Disposals (91,432)
At 31 July 2024 676,918
Depreciation
At 01 August 2023 344,969
Charge for year 87,188
On disposals (76,253)
At 31 July 2024 355,904
Net book value
At 31 July 2024 321,014
At 31 July 2023 366,071

The net book value of leased assets at 31/07/24 included above is: £208,967

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023 Bank overdraft - secured 0 1,996 Obligations under finance leases 63,616 66,692 Bank loan 10,000 10,000 Trade creditors 48,051 65,886 Corporation tax 18,816 10,863 Other taxes and social security 91,923 56,249 Other creditors 10,297 9,525 Accruals and deferred income 42,299 18,656 ------------ ------------ 285,002 239,867 ======== ========

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

2024 2023 Obligations under finance leases 18,402 66,951 Bank loan 8,333 18,333 Other creditors 53,590 24,044 ------------ ------------ 80,325 109,328 ======= =======

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

7. Revaluation reserve

2024
£
Balance at 01 August 2023 63,588
Surplus or deficit after revaluation 0
Balance at 31 July 2024 63,588

CBT LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

8. Financial commitments

At the balance sheet date there were no capital commitments.