ACCOUNTS - Final Accounts preparation

Registered number: 15159656

CB COLLABORATIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

CB COLLABORATIONS LIMITED

REGISTERED NUMBER: 15159656

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		10,393		2,051
			10,393		2,051
Current assets
Debtors: amounts falling due within one year	5	113,463		77,562
Cash at bank	6	218,066		493,739
		331,529		571,301
Creditors: amounts falling due within one year	7	(39,033)		(334,922)
Net current assets			292,496		236,379
Total assets less current liabilities			302,889		238,430
Provisions for liabilities
Deferred tax	8	(2,598)		(513)
			(2,598)		(513)
Net assets			300,291		237,917

Capital and reserves
Called up share capital	9	100	100
Profit and loss account		300,191	237,817
		300,291	237,917

CB COLLABORATIONS LIMITED

REGISTERED NUMBER: 15159656

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

C Burns-Temison

Director

Date: 14 May 2026

The notes on pages 3 to 8 form part of these financial statements.

CB COLLABORATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

CB Collaborations Limited is a private company, limited by shares, registered in England and Wales, registration number 15159656. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of brand and endorsement related trading activities.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in the profit or loss account.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the brand and endorsement related trading activities is recognised when services have been provided and the performance obligations are satisfied as per the contract.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

CB COLLABORATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent difference. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

CB COLLABORATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.9

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.10

Creditors

Short-term creditors are measured at the transaction price.

2.11

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties.

2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including the director, during the year was 1 (2024 - 1).

CB COLLABORATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 October 2024	2,735
	Additions	9,886
	At 30 September 2025	12,621
	Depreciation
	At 1 October 2024	684
	Charge for the year	1,544
	At 30 September 2025	2,228
	Net book value
	At 30 September 2025	10,393
	At 30 September 2024	2,051

Debtors

					2025	2024
					£	£


Trade debtors	-	39,967
Other debtors	110,823	25,822
Prepayments and accrued income	2,640	11,773
	113,463	77,562

6.	Cash
		2025	2024
		£	£

	Cash at bank	218,066	493,739

CB COLLABORATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

7.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,000	-
Corporation tax	24,528	104,062
Other taxation and social security	4,045	47,440
Other creditors	1,450	49,072
Accruals	8,010	134,348
	39,033	334,922

8.	Deferred taxation

		2025
		£

	At beginning of year	513
	Charged to profit or loss	2,085
	At end of year	2,598

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

Fixed asset timing differences

2,598

513

9.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) ordinary shares of £1.00 each	100	100

CB COLLABORATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

10.	Transactions with the director
	During the period, the company advanced £173,862 (2024 - £45,477) to the director. As the the year end, the director owed £110,823 (2024 - company owed £49,072 to the director) to the company. The loan is unsecured, repayable on demand and interest at an official rate has been charged. During the period, dividends of £15,000 (2024 - £73,400) were paid to the director.