C.B.G. Transport Ltd - Accounts to registrar (filleted) - small 23.1.2
C.B.G. Transport Ltd - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| C.B.G. TRANSPORT LTD |
| Unaudited Financial Statements for the Year Ended 28 February 2023 |
| C.B.G. TRANSPORT LTD (REGISTERED NUMBER: 04312044) |
| Contents of the Financial Statements |
| for the year ended 28 February 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 5 |
| C.B.G. TRANSPORT LTD |
| Company Information |
| for the year ended 28 February 2023 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Saggar House |
| Princes Drive |
| Worcester |
| Worcestershire |
| WR1 2PG |
| C.B.G. TRANSPORT LTD (REGISTERED NUMBER: 04312044) |
| Balance Sheet |
| 28 February 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Provisions for liabilities |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| Shareholders' funds |
| C.B.G. TRANSPORT LTD (REGISTERED NUMBER: 04312044) |
| Balance Sheet - continued |
| 28 February 2023 |
| 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. |
| 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 |
| C.B.G. TRANSPORT LTD (REGISTERED NUMBER: 04312044) |
| Notes to the Financial Statements |
| for the year ended 28 February 2023 |
| 1. | Statutory information |
| C.B.G. Transport Ltd is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents the net invoiced provision of services, excluding value added tax. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of a business in 2002 has been amortised evenly over its estimated useful life of 10 years. The goodwill has been fully amortised. |
| 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 |
| Improvements to property | - |
| Plant and machinery | - |
| Motor vehicles | - |
| 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. |
| 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. |
| Going concern |
| The financial statements have been prepared on a going concern basis and no material uncertainties exist that impact on the company's ability to trade. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| C.B.G. TRANSPORT LTD (REGISTERED NUMBER: 04312044) |
| Notes to the Financial Statements - continued |
| for the year ended 28 February 2023 |
| 4. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 March 2022 |
| and 28 February 2023 |
| Amortisation |
| At 1 March 2022 |
| and 28 February 2023 |
| Net book value |
| At 28 February 2023 |
| At 28 February 2022 |
| 5. | Tangible fixed assets |
| Improvements | Plant and | Motor |
| to property | machinery | vehicles | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 March 2022 |
| Additions |
| At 28 February 2023 |
| Depreciation |
| At 1 March 2022 |
| Charge for year |
| At 28 February 2023 |
| Net book value |
| At 28 February 2023 |
| At 28 February 2022 |
| 6. | Debtors: amounts falling due within one year |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 7. | Creditors: amounts falling due within one year |
| 2023 | 2022 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 31,766 | 25,047 |
| Other creditors |
| Accrued expenses |