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COMPANY REGISTRATION NUMBER: 08205737
C S Bindery Solutions Ltd
Filleted Unaudited Abridged Financial Statements
28 February 2025
C S Bindery Solutions Ltd
Abridged Financial Statements
Year Ended 28 February 2025
Contents
Pages
Directors' report
1
Abridged statement of financial position
2 to 3
Notes to the abridged financial statements
4 to 7
C S Bindery Solutions Ltd
Directors' Report
Year Ended 28 February 2025
The directors present their report and the unaudited abridged financial statements of the company for the year ended 28 February 2025 .
Principal activities
The principal activity of the company during the year was the letting and operating of own or leased real estate.
Directors
The directors who served the company during the year were as follows:
Mr N P Cutting
Mr M A Simpson
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 1 September 2025 and signed on behalf of the board by:
Mr M A Simpson
Director
Registered office:
Unit 2 Broadshires way
Carterton
Oxfordshire
OX18 1AD
C S Bindery Solutions Ltd
Abridged Statement of Financial Position
28 February 2025
2025
2024
Note
£
£
Fixed Assets
Tangible assets
5
20,377
416,990
Investment property
6
1,147,682
------------
---------
1,168,059
416,990
Current Assets
Debtors
2,506
48,581
Investments
7
829
651
Cash at bank and in hand
10,574
91,095
--------
---------
13,909
140,327
Creditors: amounts falling due within one year
424,592
518,531
---------
---------
Net Current Liabilities
410,683
378,204
------------
---------
Total Assets Less Current Liabilities
757,376
38,786
Creditors: amounts falling due after more than one year
30,368
Provisions
Taxation including deferred tax
149,136
6,958
---------
--------
Net Assets
608,240
1,460
---------
--------
Capital and Reserves
Called up share capital
8
100
100
Revaluation reserve
618,225
Profit and loss account
( 10,085)
1,360
---------
-------
Shareholders Funds
608,240
1,460
---------
-------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
C S Bindery Solutions Ltd
Abridged Statement of Financial Position (continued)
28 February 2025
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 1 September 2025 , and are signed on behalf of the board by:
Mr M A Simpson
Director
Company registration number: 08205737
C S Bindery Solutions Ltd
Notes to the Abridged Financial Statements
Year Ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2 Broadshires way, Carterton, Oxfordshire, OX18 1AD.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis as modified by the revaluation of investment properties measured at fair value through profit and loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors are of the opinion that the company has adequate resources to fund its operations for the foreseeable future and so determine that it is appropriate to prepare the financial statements on a going concern basis.
Revenue recognition
Rental income shown in the profit and loss account represents rents receivable during the period. The turnover shown in the profit and loss account represents amounts earned during the year, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold Property
-
2% straight line
Fixtures and fittings
-
20% reducing balance
Motor vehicles
-
25% reducing balance
Equipment
-
20% reducing balance
Investments
Investment property is carried at fair value determined annually. No depreciation is provided.
In compliance with FRS 102:17, the difference between the carrying amount of the property and its fair value at the date of change in use has been recorded through other comprehensive income. To comply with FRS 102:16, subsequent differences between the initial carrying amount and the fair value will be recognised in the profit or loss together with the deferred tax consequences.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Finance leases and hire purchase contracts
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability, and the interest is charged to the profit and loss account on a straight line basis.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Basic financial instruments are initially recognised at the transaction price. Publicly traded investments are subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 5 ).
5. Tangible assets
£
Cost
At 1 March 2024
610,364
Disposals
( 20,450)
Transfers
( 460,831)
---------
At 28 February 2025
129,083
---------
Depreciation
At 1 March 2024
193,374
Charge for the year
5,464
Disposals
( 13,021)
Transfers
( 77,111)
---------
At 28 February 2025
108,706
---------
Carrying amount
At 28 February 2025
20,377
---------
At 29 February 2024
416,990
---------
6. Investment property
Investment property
£
Cost
At 1 March 2024
Revaluations
763,962
Transfers
383,720
------------
At 28 February 2025
1,147,682
------------
Impairment
At 1 March 2024 and 28 February 2025
------------
Carrying amount
At 28 February 2025
1,147,682
------------
At 29 February 2024
------------
The fair value of the properties were made in the year by the directors, who have experience in the location and class of properties, on an open market value for existing basis. No further input from an independent valuer was deemed to be required.
7. Investments
2025
2024
£
£
Other investments
829
651
----
----
8. Called up share capital
Issued, called up and fully paid
2025
2024
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----
9. Directors' advances, credits and guarantees
There are no directors' credits, advances or guarantees that require disclosure.
10. Related party transactions
Included within creditors is a balance of £166,851 (2024: £104,422) owed to an entity in which the company has a participating interest. This balance is interest free, unsecured and repayable on demand.