Company No: 11947145 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mrs F A Watteau
	Miss C E Wreford-Brown
	Mr G C Wreford-Brown

REGISTERED OFFICE	Sigma House Oak View Close
	Edginswell Park
	Torquay
	TQ2 7FF
	United Kingdom

COMPANY NUMBER

11947145 (England and Wales)

CHARTERED ACCOUNTANTS	Francis Clark LLP
	Sigma House
	Oak View Close
	Edginswell Park
	Torquay
	TQ2 7FF

	Note	2023		2022
		£		£
Fixed assets
Tangible assets	3	17,771		1,678
		17,771		1,678
Current assets
Debtors	4	21,164		28,953
Cash at bank and in hand		13,767		33,041
		34,931		61,994
Creditors: amounts falling due within one year	5	( 16,621)		( 18,979)
Net current assets		18,310		43,015
Total assets less current liabilities		36,081		44,693
Provision for liabilities		0		( 415)
Net assets		36,081		44,278
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		35,981		44,178
Total shareholders' funds		36,081		44,278

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of CWB Rural Consultancy Limited (registered number: 11947145) were approved and authorised for issue by the Board of Directors on 08 November 2023. They were signed on its behalf by:

Mr G C Wreford-Brown Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CWB Rural Consultancy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of VAT, returns and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Fixtures and fittings	7 years straight line
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2023		2022
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	1		1

3. Tangible assets

	Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£
Cost
At 01 April 2022	0		2,690		400		3,090
Additions	22,130		0		0		22,130
At 31 March 2023	22,130		2,690		400		25,220
Accumulated depreciation
At 01 April 2022	0		1,212		200		1,412
Charge for the financial year	5,533		404		100		6,037
At 31 March 2023	5,533		1,616		300		7,449
Net book value
At 31 March 2023	16,597		1,074		100		17,771
At 31 March 2022	0		1,478		200		1,678

4. Debtors

	2023		2022
	£		£
Trade debtors	21,164		27,120
Other debtors	0		1,833
	21,164		28,953

5. Creditors: amounts falling due within one year

	2023		2022
	£		£
Trade creditors	828		0
Taxation and social security	11,604		15,578
Other creditors	4,189		3,401
	16,621		18,979

6. Called-up share capital

	2023		2022
	£		£
Allotted, called-up and fully-paid
75 Ordinary shares of £ 1.00 each	75		75
25 Ordinary A shares of £ 1.00 each	25		25
	100		100