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REGISTERED NUMBER: 14027733 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CB PROPERTIES BARROW LIMITED

CB PROPERTIES BARROW LIMITED (REGISTERED NUMBER: 14027733)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CB PROPERTIES BARROW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr S Cunningham
Mr S Beckman



REGISTERED OFFICE: College House
Howard Street
Barrow-In-Furness
Cumbria
LA14 1NB



REGISTERED NUMBER: 14027733 (England and Wales)



BANKERS: Starling Bank
5th Floor
London Fruit and Wool Exchange
1 Duval Square
London
E1 6PW

CB PROPERTIES BARROW LIMITED (REGISTERED NUMBER: 14027733)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,937,800 1,937,800

CURRENT ASSETS
Debtors 4,330 4,052
Cash at bank 10,605 356
14,935 4,408
CREDITORS
Amounts falling due within one year 110,997 1,956,006
NET CURRENT LIABILITIES (96,062 ) (1,951,598 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,841,738

(13,798

)

CREDITORS
Amounts falling due after more than one
year

1,844,438

-
NET LIABILITIES (2,700 ) (13,798 )

CAPITAL AND RESERVES
Called up share capital 5 10 10
Retained earnings (2,710 ) (13,808 )
SHAREHOLDERS' FUNDS (2,700 ) (13,798 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

CB PROPERTIES BARROW LIMITED (REGISTERED NUMBER: 14027733)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by:




Mr S Beckman - Director



Mr S Cunningham - Director


CB PROPERTIES BARROW LIMITED (REGISTERED NUMBER: 14027733)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

CB Properties Barrow 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on the going concern basis.

Turnover
Turnover represents net invoiced rental income as adjusted for accrued income, excluding VAT.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,937,800
NET BOOK VALUE
At 30 September 2024 1,937,800
At 30 September 2023 1,937,800

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1,000 Ordinary 1p 10 10

CB PROPERTIES BARROW LIMITED (REGISTERED NUMBER: 14027733)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. RELATED PARTY DISCLOSURES

The 'Other Creditors' figure per the financial statements includes balances due to the following companies, all of which have one or more mutual director with CB Properties Barrow Ltd:
SB1 Holdco Limited - £195,000
SC1 Holdco Limited - £922,362
SB1 Investments Ltd - £727,076
Total Other Creditors - £1,844,438

During the year Mr S Cunningham, a director, had on an interest-free basis advanced £53,412 (2023: £54,917) to the company. This amount is unsecured and repayable on demand.

During the year Mr S Beckman, a director, had on an interest-free basis advanced £54,337 (2023: £55,037) to the company. This amount is unsecured and repayable on demand.