Acorah Software Products - Accounts Production 16.7.461 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 02721903 Mr V Kara Mr D Kara Mr S Kara Mr J Vekaria Mrs J Kara iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02721903 2024-06-30 02721903 2025-06-30 02721903 2024-07-01 2025-06-30 02721903 frs-core:CurrentFinancialInstruments 2025-06-30 02721903 frs-core:Non-currentFinancialInstruments 2025-06-30 02721903 frs-core:FurnitureFittings 2025-06-30 02721903 frs-core:FurnitureFittings 2024-07-01 2025-06-30 02721903 frs-core:FurnitureFittings 2024-06-30 02721903 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-06-30 02721903 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 02721903 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 02721903 frs-core:MotorVehicles 2024-07-01 2025-06-30 02721903 frs-core:PlantMachinery 2025-06-30 02721903 frs-core:PlantMachinery 2024-07-01 2025-06-30 02721903 frs-core:PlantMachinery 2024-06-30 02721903 frs-core:ShareCapital 2025-06-30 02721903 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 02721903 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 02721903 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 02721903 frs-bus:SmallEntities 2024-07-01 2025-06-30 02721903 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 02721903 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 02721903 frs-core:CostValuation 2024-06-30 02721903 frs-core:CostValuation 2025-06-30 02721903 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 02721903 frs-core:ProvisionsForImpairmentInvestments 2025-06-30 02721903 frs-bus:Director1 2024-07-01 2025-06-30 02721903 frs-bus:Director2 2024-07-01 2025-06-30 02721903 frs-bus:Director3 2024-07-01 2025-06-30 02721903 frs-bus:Director4 2024-07-01 2025-06-30 02721903 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 02721903 frs-countries:EnglandWales 2024-07-01 2025-06-30 02721903 2023-06-30 02721903 2024-06-30 02721903 2023-07-01 2024-06-30 02721903 frs-core:CurrentFinancialInstruments 2024-06-30 02721903 frs-core:Non-currentFinancialInstruments 2024-06-30 02721903 frs-core:ShareCapital 2024-06-30 02721903 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 02721903
CTBS Group Limited
Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02721903
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 477,150 377,912
Investments 5 8 8
477,158 377,920
CURRENT ASSETS
Stocks 3,404,067 2,461,668
Debtors 6 2,103,865 1,657,386
Cash at bank and in hand 16,227 99,438
5,524,159 4,218,492
Creditors: Amounts Falling Due Within One Year 7 (5,445,240 ) (4,132,554 )
NET CURRENT ASSETS (LIABILITIES) 78,919 85,938
TOTAL ASSETS LESS CURRENT LIABILITIES 556,077 463,858
Creditors: Amounts Falling Due After More Than One Year 8 (179,006 ) (242,606 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (37,138 ) (37,138 )
NET ASSETS 339,933 184,114
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account 339,923 184,104
SHAREHOLDERS' FUNDS 339,933 184,114
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr D Kara
Director
07/01/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CTBS Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02721903 . The registered office is 14a Meadway Court, Rutherford Close, Stevenage, Hertfordshire, SG1 2EF.
Thea company changed its name from Cricklewood Timber and Building Supplies Limited on 27 June 2025.
The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. 
2.2. Going Concern Disclosure
The financial statements have been prepared on the going concern basis. The directors have considered going concern and in their opinion the going concern basis remains appropriate due to the continued support of the directors.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point of sale or at the point that the customer has signed for the delivery of the goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 33% on cost
Plant & Machinery 15% on cost
Motor Vehicles 15% on cost
Fixtures & Fittings at varying rates on cost
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual value of the assets. The useful economic lives and residual value are reassessed annually. They are amended when necessary to reflect current estimates, future investments and the physical condition of the assets.
Page 3
Page 4
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairments.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 14)
14 14
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 July 2024 - 713,874 473,138 1,187,012
Additions 102,900 71,252 10,000 184,152
Disposals - (26,978 ) (6,830 ) (33,808 )
As at 30 June 2025 102,900 758,148 476,308 1,337,356
Depreciation
As at 1 July 2024 - 335,962 473,138 809,100
Provided during the period - 84,914 - 84,914
Disposals - (26,978 ) (6,830 ) (33,808 )
As at 30 June 2025 - 393,898 466,308 860,206
Net Book Value
As at 30 June 2025 102,900 364,250 10,000 477,150
As at 1 July 2024 - 377,912 - 377,912
5. Investments
Other
£
Cost or Valuation
As at 1 July 2024 8
As at 30 June 2025 8
Provision
As at 1 July 2024 -
As at 30 June 2025 -
Net Book Value
As at 30 June 2025 8
As at 1 July 2024 8
Other investments represents shares in subsidiary undertakings.
Page 5
Page 6
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 173,708 102,986
Amounts owed by group undertakings 1,719,085 1,450,925
Other debtors 211,072 103,475
2,103,865 1,657,386
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 74,999 76,146
Trade creditors 1,699,921 1,173,713
Bank loans and overdrafts 10,721 10,649
Amounts owed to group undertakings 510,511 36,911
Other creditors 2,867,459 2,494,009
Taxation and social security 281,629 341,126
5,445,240 4,132,554
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 178,280 231,655
Bank loans 726 10,951
179,006 242,606
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases over the remaining life of those leases are £823,750 at 30 June 2025 (2024 - £0).
11. Directors Advances, Credits and Guarantees
Allica Bridging Finance Limited holds a fixed and floating charge over the assets of the company in respect of a loan totalling £806,000 at 30 June 2025 (2024 - £0 ) in Kara Properties, a business in which V Kara is a partner.
Page 6
Page 7
12. Related Party Transactions
At 30 June 2025, the company owed £882,952 (2024 - £815,356) to Kara Properties, a business in which V Kara is a partner. At 30 June 2025, the company owed £1,826,435 (2024 - £1,625,787) to the directors. 
Page 7