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Registered number: 06689978
CSL GROUP LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2025
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CSL GROUP LIMITED
REGISTERED NUMBER: 06689978
BALANCE SHEET
AS AT 31 DECEMBER 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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CSL GROUP LIMITED
REGISTERED NUMBER: 06689978
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025
The directors consider 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 directors acknowledge their 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 statement of income and retained earnings 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:
The notes on pages 3 to 7 form part of these financial statements.
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CSL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
CSL Group Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address is Suite 3, Ground Floor Corum Two, Corum Office Park, Crown Way, Warmley, Bristol, England, BS30 8FJ.
CSL Group Limited principal activity is of a holding company.
2.Accounting policies
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Basis of preparation of financial statements
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These financial statements present information about CSL Group Limited as an individual entity and do not include consolidated financial information. The Company is the parent of a group but has elected to take the exemption under Section 398 of the Companies Act 2006 from preparing consolidated financial statements.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 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.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future and will be able to meet its liabilities as they fall due.
As at 31 December 2025, the company had made investments in its overseas subsidiaries amounting to £4,000,000. The director has undertaken an impairment review as at that date and concluded that no impairment is necessary.
CSL Global Limited has provided funding to the Company in the form of a loan totalling £3,352,357 to support overseas acquisitions. The timing of recovery of this loan is uncertain and is dependent on the future profitability of the group.
The Company is also reliant on the continuing support of its shareholders. As at 31 December 2025, shareholder loans totalled £1,184,545. The directors have received assurances from the shareholders that these loans will not be called for repayment in the foreseeable future. These assurances are expected to remain in place until such time as the net asset position of the company and its subsidiaries is fully positive.
In forming the view that the going concern basis is appropriate, the directors have considered all relevant information, including the Company’s annual budget, forecast future cash flows, and the impact of any known subsequent events. Based on this assessment and the financial support available, the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis and no material uncertainty has been identified.
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CSL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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Foreign currency translation
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Functional and presentation currency
The Company's functional and presentational currency is GBP.
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 resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
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. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Investments in subsidiaries are measured at cost less accumulated impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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CSL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Financial liabilities
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 the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
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Judgements in applying accounting policies and key sources of estimation uncertainty
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The value of the investment in the subsidiary by the directors is inherently subjective and has not been tested against an active commercial market. As such, the financial statements do not include any adjustments or provisions that might be necessary if the carrying value of this investment were not ultimately realised.
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CSL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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Investment in subsidiary company
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The fixed asset investment was valued by the directors on an open market basis as at 31 December 2025.
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Related party transactions
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CSL Global Limited
A subsidiary company.
Interest on intercompany loan charged during the year amounted to £144,778 (2024 - £140,682).
Amount due to related party at the balance sheet date: £3,352,357 (2024 - £3,173,118).
C Solutions Limited
A shareholder.
Interest of £28,490 (2024 - £28,490) due on the loans was waived by C Solutions Limited.
Amount due to C Solutions Limited at the balance sheet date: £68,490 (2024 - £68,490).
C Solutions (Asia) Limited
A shareholder.
Interest of £32,896 (2024 - £32,896) due on the loans was waived by C Solutions (Asia) Limited.
Amount due to C Solutions (Asia) Limited at the balance sheet date: £358,621 (2024 - £358,621).
Mr R Kilsby
A shareholder.
Interest of £141,077 (2024 - £141,077) due on the loans was waived by Mr R Kilsby.
Amount due to Mr R Kilsby at the balance sheet date: £653,634 (2024 - £653,634).
Mr R Volante
A director and shareholder.
Amount due to Mr R Volante at the balance sheet date: £103,693 (2024 - £103,693).
Mr J Gibbons
A director and shareholder.
Amount due to Mr J Gibbons at the balance sheet date: £109 (2024 - £NIL).
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CSL GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
There is no single controlling party.
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