Registration number:
CBB Group Ltd
for the Year Ended 31 December 2024
CBB Group Ltd
(Registration number: 11277855)
Balance Sheet as at 31 December 2024
|
Note |
2024 |
2023 |
|
|
Fixed assets |
|||
|
Investments |
3,999,312 |
3,999,312 |
|
|
Current assets |
|||
|
Debtors |
13,750 |
116,797 |
|
|
Cash at bank and in hand |
2,771 |
732 |
|
|
16,521 |
117,529 |
||
|
Creditors: Amounts falling due within one year |
(297,224) |
(154,684) |
|
|
Net current liabilities |
(280,703) |
(37,155) |
|
|
Total assets less current liabilities |
3,718,609 |
3,962,157 |
|
|
Creditors: Amounts falling due after more than one year |
(3,129,963) |
(3,792,329) |
|
|
Net assets |
588,646 |
169,828 |
|
|
Capital and reserves |
|||
|
Called up share capital |
166,967 |
166,967 |
|
|
Profit and loss account |
421,679 |
2,861 |
|
|
Shareholders' funds |
588,646 |
169,828 |
For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
|
......................................... |
CBB Group Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
|
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
|
Investments |
|
2024 |
2023 |
|
|
Investments in subsidiaries |
|
|
|
Subsidiaries |
£ |
|
Cost or valuation |
|
|
At 1 January 2024 |
|
|
Provision |
|
|
Carrying amount |
|
|
At 31 December 2024 |
|
|
At 31 December 2023 |
|
CBB Group Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
|
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
|
|
2024 |
2023 |
|||
|
Subsidiary undertakings |
||||
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
|
England and Wales |
|
|
|
|
Debtors |
|
2024 |
2023 |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
- |
99,686 |
|
Other debtors |
13,750 |
17,111 |
|
13,750 |
116,797 |
|
Creditors |
Creditors: amounts falling due within one year
|
Note |
2024 |
2023 |
|
|
Due within one year |
|||
|
Other creditors |
150,000 |
149,184 |
|
|
Bank loans and overdrafts |
5,500 |
5,500 |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
141,724 |
- |
|
|
297,224 |
154,684 |
CBB Group Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
Creditors: amounts falling due after more than one year
|
2024 |
2023 |
|
|
Due after one year |
||
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
1,527,093 |
2,183,502 |
|
Other non-current financial liabilities |
1,575,111 |
1,575,111 |
|
Bank loans and overdrafts |
27,759 |
33,716 |
|
3,129,963 |
3,792,329 |
|
Related party transactions |
Summary of transactions with subsidiaries
(Subsidiary Undertaking)
There were no disclosable transactions during the year. At the balance sheet date the amount due to Craven & Co Ltd was £1,527,093 (2023 - £2,183,503).
There were no disclosable transactions during the year. At the balance sheet date the amount due (from) / to Bedford Shelving Ltd was £141,724 (2023 - (£99,686)).
There were no disclosable transactions during the year. At the balance sheet date the amount due from Booth Wire Products Ltd was £Nil (2023 - £Nil).
Summary of transactions with other related parties
CBB Group Ltd owes £1,575,111 (2023 - £1,575,111) to Swingrite (UK) Ltd.
Big Wind Limited
CBB Group Ltd owes £150,000 (2022 - £Nil) to Big Wind Limited.