Registered number
04410262
CBCT Trading Limited
Unaudited Filleted Accounts
30 November 2024
CBCT Trading Limited
Registered number: 04410262
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 73,427 65,087
Cash at bank and in hand 1,953 8,217
75,380 73,304
Creditors: amounts falling due within one year 4 (73,248) (72,597)
Net current assets 2,132 707
Net assets 2,132 707
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,130 705
Shareholder's funds 2,132 707
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr J Blyth
Director
Approved by the board on 26 August 2025
CBCT Trading Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Tangible fixed assets
Plant and machinery etc
£
At 1 December 2023 95,174
Surplus on revaluation -
Disposals -
At 30 November 2024 95,174
At 1 December 2023 95,174
Surplus on revaluation -
On disposals -
At 30 November 2024 95,174
At 30 November 2024 -
At 30 November 2023 -
CBCT Trading Limited, as stipulated by the Charities Commission, manages and rents out buildings owned by the parent charity, Caterham Barracks Community Trust ("the Trust"). The buildings are rented to tenants partly on commercial terms, to provide an income stream, and partly on non-commercial terms (or with limitations), both of which enable the charity to carry out its charitable objects. The buildings and improvement costs are included in the parent charity accounts.
3 Debtors 2024 2023
£ £
Trade debtors 38,433 35,226
Amounts owed by group undertakings 34,742 27,931
Other debtors 252 1,930
73,427 65,087
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,810 4,860
Accruals 4,904 1,980
Taxation and social security costs 26,413 24,119
Deferred income 40,121 41,638
73,248 72,597
5 Related party transactions
During the year £168,000 (2023 - £168,000) rent charge was made by the Trust for CBCT Trading's use of the buildings that Trust owns. The amount charged by Trust is included within investment income in the accounts of the Trust.
During the year, CBCT Trading Limited made donations of £82,000 (2023: £44,000) to the Trust.
£16,536 (2023 - £21,334) was charged by Rojen Consulting Limited, a company owned by Robin Clements, the director for part of the finacial year to 18 July 2024.
Included within other creditors is £4,000 (2022: £4,000) owed to Richard Moran, the director.
6 Controlling party
The ultimate controlling party is Caterham Barracks Community Trust, a registered UK charity (charity number 1089853)and incorporated in England and Wales (company number 03885646).
7 Other information
CBCT Trading Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Officers' Mess
Coldstream Road
Caterham
CR3 5QX
8 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 2
(including directors)
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