CB&S Limited - Accounts

Registered number

08921049

CB&S Limited

Report and Accounts

31 March 2017

C2110

CB&S Limited
Registered number:		08921049
Director's Report

The director presents his report and accounts for the year ended 31 March 2017.


The company's principal activity during the year was the provision of professional services.

Directors
The following persons served as directors during the year:

	J Bourdon

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 5 April 2017 and signed on its behalf.





J Bourdon
Director

CB&S Limited

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of CB&S Limited for the year ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CB&S Limited for the year ended 31 March 2017 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Cogent Accountants Limited
Chartered Accountants
Churchill House
Mill Hill
London
NW7 2AS

5 April 2017

CB&S Limited
Profit and Loss Account
for the year ended 31 March 2017


Notes		2017		2016
£			£

Turnover		20,299		50,477

Administrative expenses		(11,174)		(9,221)
Other operating income		-		238

Operating profit		9,125		41,494


Profit on ordinary activities before taxation		9,125		41,494

Tax on profit on ordinary activities	2	(1,825)		(8,299)

Profit for the financial year		7,300		33,195

CB&S Limited
Balance Sheet
as at 31 March 2017

Notes			2017			2016
£				£
Current assets
Debtors	3	418			19,873
Cash at bank and in hand		1,416			1
		1,834			19,874

Creditors: amounts falling due within one year	4	(1,825)			(19,490)

Net current assets			9			384

Net assets			9			384

Capital and reserves
Called up share capital	5		1			1
Profit and loss account	6		7			383

Shareholder's funds			9			384

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.




J Bourdon
Director
Approved by the board on 5 April 2017

CB&S Limited
Notes to the Accounts
for the year ended 31 March 2017

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Taxation					2017		2016
£							£

	UK corporation tax					1,825		8,299


3	Debtors					2017		2016
£							£

	Trade debtors					-		10,260
	Loan to director					418		-
	Other debtors					-		9,613
						418		19,873


4	Creditors: amounts falling due within one year					2017		2016
£							£

	Trade creditors					-		8,586
	Corporation tax					1,825		8,298
	Other taxes and social security costs					-		2,606
						1,825		19,490


5	Share capital	Nominal		2017		2017		2016
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1


6	Profit and loss account					2017
£

	At 1 April 2016					383
	Profit for the year					7,300
	Dividends					(7,676)

	At 31 March 2017					7


7	Dividends					2017		2016
£							£

	Dividends for which the company became liable during the year:
	Dividends paid					7,676		33,211



8	Related party transactions					2017		2016
£							£
	J Bourdon
	Director
	During the period dividends of £7676.00 have been paid to the director


9	Ultimate controlling party

	The company is under the ultimate control of J Bourdon (director) by having the controlling shareholding in the company.

CB&S Limited
Detailed profit and loss account
for the year ended 31 March 2017


	2017		2016
£		£

Sales	20,299		50,477

Administrative expenses	(11,174)		(9,221)
Other operating income	-		238

Operating profit	9,125		41,494


Profit before tax	9,125		41,494

CB&S Limited
Detailed profit and loss account
for the year ended 31 March 2017

		2017		2016
£			£
Sales
Sales		20,299		50,477

Administrative expenses
Employee costs:
	Director's salary	8,060		2,600
	Travel and subsistence	1,363		3,378
	Motor expenses	-		362
		9,423		6,340
General administrative expenses:
	Stationery and printing	14		13
	Bank charges	20		40
	Insurance	250		250
	Equipment expensed	213		480
	Sundry expenses	-		136
		497		919
Legal and professional costs:
	Accountancy fees	1,254		1,077
	Management fees	-		885
		1,254		1,962

		11,174		9,221

Other operating income
Other operating income		-		238