CDB SPENCER LIMITED


Director	SPENCER, Charles David Bryan


Registered Address	12 Sydney Cottage Drive
	Bridgnorth
	WV16 4PP


Registered Number	11261588 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		115,718		154,289
Tangible assets	4		69,716		48,440
			185,434		202,729
Current assets
Stocks	5	36,100		28,600
Debtors	6	77,788		71,225
Cash at bank and on hand		127,832		92,866
		241,720		192,691
Creditors amounts falling due within one year	7	(413,444)		(359,424)
Net current assets (liabilities)			(171,724)		(166,733)
Total assets less current liabilities			13,710		35,996
Creditors amounts falling due after one year	8		-		(25,534)
Provisions for liabilities	9		(1,055)		(1,055)
Net assets			12,655		9,407
Capital and reserves
Called up share capital			100		100
Profit and loss account			12,555		9,307
Shareholders' funds			12,655		9,407

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 31 October 2025, and are signed on its behalf by:

SPENCER, Charles David Bryan
Director
Registered Company No. 11261588

CDB SPENCER LIMITED

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities. The presentation currency of the financial statements is the Pound Sterling (£).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets reflects Goodwill paid in connection with the acquisition of a business in 2018, which is being amortised evenly over its estimated useful life of ten years.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Vehicles	4

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		14

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 September 24	385,722	385,722
At 31 August 25	385,722	385,722
Amortisation and impairment
At 01 September 24	231,433	231,433
Charge for year	38,571	38,571
At 31 August 25	270,004	270,004
Net book value
At 31 August 25	115,718	115,718
At 31 August 24	154,289	154,289

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 September 24	72,110	43,584	2,639	118,333
Additions	7,981	24,670	-	32,651
Disposals	-	(43,584)	-	(43,584)
At 31 August 25	80,091	24,670	2,639	107,400
Depreciation and impairment
At 01 September 24	24,624	43,292	1,977	69,893
Charge for year	6,624	4,112	347	11,083
On disposals	-	(43,292)	-	(43,292)
At 31 August 25	31,248	4,112	2,324	37,684
Net book value
At 31 August 25	48,843	20,558	315	69,716
At 31 August 24	47,486	292	662	48,440

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	36,100	28,600
Total	36,100	28,600

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	75,366	67,051
Other debtors	2,422	2,776
Prepayments and accrued income	-	1,398
Total	77,788	71,225

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	116,637	80,343
Bank borrowings and overdrafts	10,794	-
Taxation and social security	31,038	42,931
Other creditors	217,535	202,429
Accrued liabilities and deferred income	37,440	33,721
Total	413,444	359,424

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	25,534
Total	-	25,534

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,055	1,055
Total	1,055	1,055

10.	Share capital
	Allotted, issued and fully paid: Number: Class: Nominal value: 2025 2024 £ £ 100 Ordinary £1 100 100 ______ _______ 100 100