Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-301The principal activity of the company is that of brand and endorsement related trading activitiestrue2023-09-23The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalsetrue 15159656 2023-09-22 15159656 2023-09-23 2024-09-30 15159656 2022-09-23 2023-09-22 15159656 2024-09-30 15159656 c:Director1 2023-09-23 2024-09-30 15159656 d:OfficeEquipment 2023-09-23 2024-09-30 15159656 d:OfficeEquipment 2024-09-30 15159656 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-23 2024-09-30 15159656 d:CurrentFinancialInstruments 2024-09-30 15159656 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15159656 d:ShareCapital 2024-09-30 15159656 d:RetainedEarningsAccumulatedLosses 2024-09-30 15159656 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 15159656 c:OrdinaryShareClass1 2023-09-23 2024-09-30 15159656 c:OrdinaryShareClass1 2024-09-30 15159656 c:FRS102 2023-09-23 2024-09-30 15159656 c:AuditExempt-NoAccountantsReport 2023-09-23 2024-09-30 15159656 c:FullAccounts 2023-09-23 2024-09-30 15159656 c:PrivateLimitedCompanyLtd 2023-09-23 2024-09-30 15159656 e:PoundSterling 2023-09-23 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 15159656


















CB COLLABORATIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
CB COLLABORATIONS LIMITED
REGISTERED NUMBER:15159656

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
Note
£

Fixed assets
  

Tangible assets
 4 
2,051

  
2,051

Current assets
  

Debtors: amounts falling due within one year
 5 
77,562

Cash at bank
 6 
493,739

  
571,301

Creditors: amounts falling due within one year
 7 
(334,922)

Net current assets
  
 
 
236,379

Total assets less current liabilities
  
238,430

Provisions for liabilities
  

Deferred tax
 8 
(513)

  
 
 
(513)

Net assets
  
237,917


Capital and reserves
  

Called up share capital 
 9 
100

Profit and loss account
  
237,817

  
237,917


Page 1

 
CB COLLABORATIONS LIMITED
REGISTERED NUMBER:15159656
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




C Burns-Temison
Director

Date: 23 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CB COLLABORATIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

CB Collaborations Limited is a private company, limited by shares, registered in England and Wales, registration number 15159656. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company was incorporated on 23 September 2023 and commenced trade on the same date.
The principal activity of the company is that of brand and endorsement related trading activities.
These financial statements represent the period from incorporation on 23 September 2023 to 30 September 2024.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Turnover from the brand and endorsement related trading activities is recognised when it is probable the company will receive the right to the consideration due under the contract.
Recharged income is recognised when the corresponding expenses have been incurred on behalf of other entities.

Page 3

 
CB COLLABORATIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Page 4

 
CB COLLABORATIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, other creditors, and loans with related parties.

 
2.11

 Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the director, during the period was 1.


4.


Tangible fixed assets





Office equipment

£



Cost 


Additions
2,735



At 30 September 2024

2,735



Depreciation


Charge for the period
684



At 30 September 2024

684



Net book value



At 30 September 2024
2,051

Page 5

 
CB COLLABORATIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
£


Trade debtors
39,967

Other debtors
25,822

Prepayments and accrued income
11,773

77,562



6.


Cash

2024
£

Cash at bank
493,739



7.


Creditors: amounts falling due within one year

2024
£

Corporation tax
104,062

Other taxation and social security
47,440

Other creditors
49,072

Accruals
134,348

334,922



8.


Deferred taxation



2024


£






Charged to profit or loss
513



At end of year
513

The deferred taxation balance is made up as follows:

2024
£


Accelerated capital allowances
513

513

Page 6

 
CB COLLABORATIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

9.


Share capital

2024
£
Allotted, called up and fully paid


100 ordinary shares of £1.00 each
100


On incorporation, 100 ordinary shares of £1 each were issued and fully paid at par.


10.


Transactions with the director

During the period, the company advanced £45,477 to the director. As the the period end, the company owed £49,072 to the company. The loan is interest free, unsecured and repayable on demand.
During the period, dividends of £73,400 were paid to the director.

 
Page 7