IRIS Accounts Production v26.1.10.61 13795595 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13795595 2024-12-31 13795595 2025-12-31 13795595 2025-01-01 2025-12-31 13795595 2023-12-31 13795595 2024-01-01 2024-12-31 13795595 2024-12-31 13795595 ns15:EnglandWales 2025-01-01 2025-12-31 13795595 ns14:PoundSterling 2025-01-01 2025-12-31 13795595 ns10:Director1 2025-01-01 2025-12-31 13795595 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13795595 ns10:SmallEntities 2025-01-01 2025-12-31 13795595 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13795595 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 13795595 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13795595 ns10:FullAccounts 2025-01-01 2025-12-31 13795595 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 13795595 ns10:Director2 2025-01-01 2025-12-31 13795595 ns10:RegisteredOffice 2025-01-01 2025-12-31 13795595 ns5:CurrentFinancialInstruments 2025-12-31 13795595 ns5:CurrentFinancialInstruments 2024-12-31 13795595 ns5:Non-currentFinancialInstruments 2025-12-31 13795595 ns5:Non-currentFinancialInstruments 2024-12-31 13795595 ns5:ShareCapital 2025-12-31 13795595 ns5:ShareCapital 2024-12-31 13795595 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 13795595 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 13795595 ns5:PlantMachinery 2025-01-01 2025-12-31 13795595 ns5:MotorVehicles 2025-01-01 2025-12-31 13795595 ns5:ComputerEquipment 2025-01-01 2025-12-31 13795595 ns5:PlantMachinery 2024-12-31 13795595 ns5:MotorVehicles 2024-12-31 13795595 ns5:ComputerEquipment 2024-12-31 13795595 ns5:PlantMachinery 2025-12-31 13795595 ns5:MotorVehicles 2025-12-31 13795595 ns5:ComputerEquipment 2025-12-31 13795595 ns5:PlantMachinery 2024-12-31 13795595 ns5:MotorVehicles 2024-12-31 13795595 ns5:ComputerEquipment 2024-12-31 13795595 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 13795595 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 13795595 ns5:DeferredTaxation 2024-12-31 13795595 ns5:DeferredTaxation 2025-01-01 2025-12-31 13795595 ns5:DeferredTaxation 2025-12-31 13795595 ns10:OrdinaryShareClass1 2025-12-31

REGISTERED NUMBER: 13795595 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

CB23 LTD

| CB23 LTD (REGISTERED NUMBER: 13795595) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CB23 LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | M Swinhoe

| A Pechandova

| REGISTERED OFFICE: | 20 East Drive

| Highfields

| Caldecote

| Cambridge

| Cambridgeshire

| CB23 7NZ

| REGISTERED NUMBER: | 13795595 (England and Wales)

| ACCOUNTANTS: | TC Group

| 1st Floor

| 5-7 Portugal Place

| Cambridge

| Cambridgeshire

| CB5 8AF

| CB23 LTD (REGISTERED NUMBER: 13795595) |

BALANCE SHEET

31 DECEMBER 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 50,122 |  | 109,281 |  |

Investment property | 6 | 403,591 |  | 403,591 |  |

453,713 |  | 512,872 |  |

CURRENT ASSETS

Stocks | 2,458,372 |  | 1,748,297 |  |

Debtors | 7 | 21,329 |  | 25,590 |  |

Cash and cash equivalents | 188,249 |  | 65,944 |  |

2,667,950 |  | 1,839,831 |  |

CREDITORS

Amounts falling due within one year | 8 | (279,461 | ) | (8,129 | ) |

NET CURRENT ASSETS | 2,388,489 |  | 1,831,702 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,842,202 |  | 2,344,574 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (3,131,636 | ) | (2,540,240 | ) |

PROVISIONS FOR LIABILITIES | 10 | (12,530 | ) | (27,320 | ) |

NET LIABILITIES | (301,964 | ) | (222,986 | ) |

CAPITAL AND RESERVES

Called up share capital | 11 | 1,000 |  | 1,000 |  |

Retained earnings | (302,964 | ) | (223,986 | ) |

SHAREHOLDERS' FUNDS | (301,964 | ) | (222,986 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

| CB23 LTD (REGISTERED NUMBER: 13795595) |

BALANCE SHEET - continued

31 DECEMBER 2025

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

M Swinhoe - Director

| CB23 LTD (REGISTERED NUMBER: 13795595) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| CB23 LTD 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| At the balance sheet date current liabilities exceeded current assets by £301,964. (2024: £222,986).The financial statements have been prepared on a going concern basis as the company continues to receive the support of the director where required to ensure it meets all liabilities as they fall due.

| 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 represents rents receivable and net invoiced sales of vans excluding value added tax to the extent that there is a right to consideration and is recorded at the value of the consideration due. Income is recognised on an earned basis.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 25% on cost

| Investment property

| Investment property is held at market value.

| In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation is provided in respect of freehold properties held as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The directors consider that this policy results in the accounts giving a true and fair view.

| Stocks

| Stocks are valued at the lower of cost and net realisable value and represents property in the course of redevelopment.

| CB23 LTD (REGISTERED NUMBER: 13795595) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025

| and 31 December 2025 | 109,828 |  | 118,504 |  | 8,304 |  | 236,636 |  |

| DEPRECIATION

| At 1 January 2025 | 60,240 |  | 63,877 |  | 3,238 |  | 127,355 |  |

| Charge for year | 27,457 |  | 29,626 |  | 2,076 |  | 59,159 |  |

| At 31 December 2025 | 87,697 |  | 93,503 |  | 5,314 |  | 186,514 |  |

| NET BOOK VALUE

| At 31 December 2025 | 22,131 |  | 25,001 |  | 2,990 |  | 50,122 |  |

| At 31 December 2024 | 49,588 |  | 54,627 |  | 5,066 |  | 109,281 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 403,591 |  |

| NET BOOK VALUE

| At 31 December 2025 | 403,591 |  |

| At 31 December 2024 | 403,591 |  |

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2025 | 403,591 |  |

| CB23 LTD (REGISTERED NUMBER: 13795595) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

6. | INVESTMENT PROPERTY - continued

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 403,591 |  | 403,591 |  |

| Investment property was valued on an fair value basis basis on 31 December 2025 by by the director .

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 21,329 |  | 25,590 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 10,381 |  | 6,206 |  |

| Taxation and social security | 1,129 |  | 923 |  |

| Other creditors | 267,951 |  | 1,000 |  |

279,461 |  | 8,129 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 3,131,636 |  | 2,540,240 |  |

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 12,530 |  | 27,320 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 27,320 |  |

| Provided during year | (14,790 | ) |

| Balance at 31 December 2025 | 12,530 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,000 | Ordinary | £1 ea | ch | 1,000 |  | 1,000 |  |