Silverfin false false 31/08/2025 01/05/2024 31/08/2025 C A Brittle 17/04/2019 19 January 2026 The principal activity of the Company during the financial year is that of professional sailing 11950820 2025-08-31 11950820 bus:Director1 2025-08-31 11950820 2024-04-30 11950820 core:CurrentFinancialInstruments 2025-08-31 11950820 core:CurrentFinancialInstruments 2024-04-30 11950820 core:ShareCapital 2025-08-31 11950820 core:ShareCapital 2024-04-30 11950820 core:RetainedEarningsAccumulatedLosses 2025-08-31 11950820 core:RetainedEarningsAccumulatedLosses 2024-04-30 11950820 core:PlantMachinery 2024-04-30 11950820 core:FurnitureFittings 2024-04-30 11950820 core:PlantMachinery 2025-08-31 11950820 core:FurnitureFittings 2025-08-31 11950820 2024-05-01 2025-08-31 11950820 bus:FilletedAccounts 2024-05-01 2025-08-31 11950820 bus:SmallEntities 2024-05-01 2025-08-31 11950820 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-08-31 11950820 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-08-31 11950820 bus:Director1 2024-05-01 2025-08-31 11950820 core:PlantMachinery 2024-05-01 2025-08-31 11950820 core:FurnitureFittings 2024-05-01 2025-08-31 11950820 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Company No: 11950820 (England and Wales)

# CB SAILING LIMITED

### Unaudited Financial Statements
For the financial period from 01 May 2024 to 31 August 2025
Pages for filing with the registrar

CB SAILING LIMITED

## Unaudited Financial Statements

For the financial period from 01 May 2024 to 31 August 2025

Contents

CB SAILING LIMITED

## BALANCE SHEET

As at 31 August 2025
CB SAILING LIMITED

## BALANCE SHEET (continued)

As at 31 August 2025

| Note | 31.08.2025 |  | 30.04.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 7,352 |  | 9,351
|  | 7,352 |  | 9,351
Current assets |  |  |  |
Debtors | 4 | 12,862 |  | 0
Cash at bank and in hand |  | 5,192 |  | 20,625
|  | 18,054 |  | 20,625
Creditors: amounts falling due within one year | 5 | ( 3,731) |  | ( 932)
Net current assets |  | 14,323 |  | 19,693
Total assets less current liabilities |  | 21,675 |  | 29,044
Net assets |  | 21,675 |  | 29,044
Capital and reserves |  |  |  |
Called-up share capital |  | 1 |  | 1
Profit and loss account |  | 21,674 |  | 29,043
Total shareholder's funds |  | 21,675 |  | 29,044

For the financial period ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of CB Sailing Limited (registered number: 11950820) were approved and authorised for issue by the Director on 19 January 2026. They were signed on its behalf by:

C A Brittle Director |

CB SAILING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 May 2024 to 31 August 2025
CB SAILING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 May 2024 to 31 August 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

CB Sailing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Reporting period length

The accounts are produced for the 16 month period starting May 2024 through to August 2025.

##### Turnover

Turnover is stated as the Revenue generated from competing in, and teaching Sailing.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery | 20 % reducing balance
Fixtures and fittings | 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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 Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

#### 2. Employees

| Period from 01.05.2024 to 31.08.2025 |  | Year ended 30.04.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the period, including the director | 1 |  | 1

#### 3. Tangible assets

| Plant and machinery |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 May 2024 | 13,716 |  | 3,312 |  | 17,028
At 31 August 2025 | 13,716 |  | 3,312 |  | 17,028
Accumulated depreciation |  |  |  |  |
At 01 May 2024 | 6,818 |  | 859 |  | 7,677
Charge for the financial period | 1,433 |  | 566 |  | 1,999
At 31 August 2025 | 8,251 |  | 1,425 |  | 9,676
Net book value |  |  |  |  |
At 31 August 2025 | 5,465 |  | 1,887 |  | 7,352
At 30 April 2024 | 6,898 |  | 2,453 |  | 9,351

#### 4. Debtors

| 31.08.2025 |  | 30.04.2024
| £ |  | £
Corporation tax | 862 |  | 0
Other debtors | 12,000 |  | 0
| 12,862 |  | 0

#### 5. Creditors: amounts falling due within one year

| 31.08.2025 |  | 30.04.2024
| £ |  | £
Taxation and social security | 0 |  | 862
Other creditors | 3,731 |  | 70
| 3,731 |  | 932