| C B C T Trading Limited |
| Notes to the Accounts |
| for the year ended 30 November 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful economic life. The principal annual rate is: |
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Plant and machinery |
25% reducing balance |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
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Going concern |
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The directors have reviewed the company’s forecasts and expected cash requirements for at least twelve months from the date of approval of the financial statements. Having regard to the continued support of the parent undertaking, the directors consider it appropriate to prepare the financial statements on the going concern basis. |
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| 2 |
Tangible fixed assets |
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Plant and machinery etc |
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Cost |
£ |
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At 1 December 2024 |
95,174 |
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Additions |
- |
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At 30 November 2025 |
95,174 |
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Depreciation |
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At 1 December 2024 |
95,174 |
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Charge for the year |
- |
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Surplus on revaluation |
- |
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At 30 November 2025 |
95,174 |
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Net book value |
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At 30 November 2025 |
- |
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At 30 November 2024 |
- |
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The company manages and lets buildings owned by its parent undertaking, Caterham Barracks Community Trust (“the Trust”). Some lettings are made on commercial terms to generate income and others on non-commercial or restricted terms in furtherance of the Trust’s charitable objects. The buildings and related improvement expenditure are recognised in the financial statements of the Trust. |
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| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
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Trade debtors |
34,095 |
|
38,433 |
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Amounts owed by group undertakings |
|
51,278 |
|
34,742 |
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Other debtors |
252 |
|
252 |
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85,625 |
|
73,427 |
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| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
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Trade creditors |
4,816 |
|
1,810 |
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Accruals |
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|
4,322 |
|
4,904 |
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Taxation and social security costs |
32,069 |
|
26,413 |
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Deferred income |
41,880 |
|
40,121 |
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83,087 |
|
73,248 |
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| 5 |
Related party transactions |
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During the year £168,000 (2024: £168,000) rent charge was made by the Trust for the company's use of buildings owned by the Trust. The amount charged by the Trust is included within investment income in the accounts of the Trust. |
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At the year end, £51,278 (2024: £34,742) was due from the Trust and included within debtors. The balance is unsecured, interest-free and repayable on demand. |
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During the year, C B C T Trading Limited made donations of £78,000 (2024: £82,000) to the Trust. |
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| 6 |
Controlling party |
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The ultimate controlling party is Caterham Barracks Community Trust, a registered UK charity (charity number 1089853) and company incorporated in England and Wales (company number 03885646). |
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| 7 |
Other information |
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C B C T Trading Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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The Officers' Mess |
|
Coldstream Road |
|
Caterham |
|
CR3 5QX |
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| 8 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
22 |
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20 |
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(including directors) |