Central Business Development Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07255056 (England and Wales)

CENTRAL BUSINESS DEVELOPMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Bradley

S Harris

P Bedi

REGISTERED OFFICE:

8 Church Green East

Redditch

Worcestershire

B98 8BP

REGISTERED NUMBER:

07255056 (England and Wales)

ACCOUNTANTS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

29,784

14,720

29,784

14,720

CURRENT ASSETS

Debtors

6

636,502

517,427

Cash at bank and in hand

42,425

187,603

678,927

705,030

CREDITORS

Amounts falling due within one year

7

628,741

592,112

NET CURRENT ASSETS

50,186

112,918

TOTAL ASSETS LESS CURRENT
LIABILITIES

79,970

127,638

CREDITORS

Amounts falling due after more than one
year

8

(17,040

)

(8,637

)

PROVISIONS FOR LIABILITIES

(2,277

)

(3,680

)

NET ASSETS

60,653

115,321

CAPITAL AND RESERVES

Called up share capital

150

Retained earnings

60,503

115,171

SHAREHOLDERS' FUNDS

60,653

115,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

S Harris - Director

1.	STATUTORY INFORMATION

Central Business Development Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Fixtures, fittings and equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

29,500

AMORTISATION

At 1 November 2024

and 31 October 2025

29,500

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Motor

and

vehicles

equipment

Totals

£

COST

At 1 November 2024

-

50,610

Additions

21,707

6,554

28,261

At 31 October 2025

21,707

57,164

78,871

DEPRECIATION

At 1 November 2024

-

35,890

Charge for year

2,713

10,484

13,197

At 31 October 2025

2,713

46,374

49,087

NET BOOK VALUE

At 31 October 2025

18,994

10,790

29,784

At 31 October 2024

-

14,720

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

21,707

At 31 October 2025

21,707

DEPRECIATION

Charge for year

2,713

At 31 October 2025

2,713

NET BOOK VALUE

At 31 October 2025

18,994

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

19,989

33,368

Amounts owed by group undertakings

526,336

432,483

Other debtors

90,177

51,576

636,502

517,427

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Bank loans and overdrafts

8,637

17,273

Hire purchase contracts

3,181

-

Trade creditors

51,175

85,470

Amounts owed to group undertakings

518,056

386,236

Taxation and social security

10,535

96,016

Other creditors

37,157

7,117

628,741

592,112

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans

-

8,637

Hire purchase contracts

17,040

-

17,040

8,637

9.	SECURED DEBTS

A debenture was created by the company on 1 July 2011 securing all monies due or to become due from the company to Lloyds TSB Bank PLC.

On 18 November 2024 a fixed and floating charge was created covering all the property or undertaking of the company in favour of National Westminster Bank PLC.

10.	CAPITAL COMMITMENTS

31.10.25

31.10.24

£

Contracted but not provided for in the

financial statements

9,553

22,485

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Central Finance Holdings Limited.

The ultimate controlling party is Central Finance Top Co Limited.

The registered office address of the controlling party, and the ultimate controlling party is 8 Church Green East, Redditch, Worcestershire, B98 8BP.