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REGISTERED NUMBER: 11753444 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CB WEALTH LTD

CB WEALTH LTD (REGISTERED NUMBER: 11753444)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CB WEALTH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs P A Watson
Mr G H Watson





SECRETARY: Mrs P A Watson





REGISTERED OFFICE: Mount House
Jolesfield
Partridge Green
Horsham
RH13 8JT





REGISTERED NUMBER: 11753444 (England and Wales)





ACCOUNTANTS: Peter Jarman LLP
trading as
Peter Jarman & Company
1 Harbour House
Harbour Way
Shoreham by Sea
West Sussex
BN43 5HZ

CB WEALTH LTD (REGISTERED NUMBER: 11753444)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,120 1,024

CURRENT ASSETS
Debtors 5 42,681 37,898
Cash at bank and in hand 32,966 33,227
75,647 71,125
CREDITORS
Amounts falling due within one year 6 (31,925 ) (25,065 )
NET CURRENT ASSETS 43,722 46,060
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,842

47,084

PROVISIONS FOR LIABILITIES 7 (530 ) (195 )
NET ASSETS 45,312 46,889

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 45,310 46,887
SHAREHOLDERS' FUNDS 45,312 46,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

CB WEALTH LTD (REGISTERED NUMBER: 11753444)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





Mr G H Watson - Director


CB WEALTH LTD (REGISTERED NUMBER: 11753444)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

CB Wealth Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

CB WEALTH LTD (REGISTERED NUMBER: 11753444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 3,652
Additions 1,803
At 31 March 2025 5,455
DEPRECIATION
At 1 April 2024 2,628
Charge for year 707
At 31 March 2025 3,335
NET BOOK VALUE
At 31 March 2025 2,120
At 31 March 2024 1,024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 22,685 17,901
Other debtors 19,996 19,997
42,681 37,898

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 31,925 25,065

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 530 195

Deferred
tax
£   
Balance at 1 April 2024 195
Capital allowances in advance 335
of depreciation
Balance at 31 March 2025 530

CB WEALTH LTD (REGISTERED NUMBER: 11753444)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mr G H Watson
Balance outstanding at start of year 9,998 -
Amounts advanced 9,998 9,998
Amounts repaid (9,998 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,998 9,998

Mrs P A Watson
Balance outstanding at start of year 9,999 -
Amounts advanced 9,999 9,999
Amounts repaid (9,999 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,999 9,999