CBF Limited - Accounts to registrar - small 17.2

CBF Limited - Accounts to registrar - small 17.2

C.B.F. LIMITED - Company Information

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REGISTERED NUMBER: 03891587 (England and Wales)
















CBF LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016






CBF LIMITED (REGISTERED NUMBER: 03891587)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


CBF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTOR: Miss J Frear





SECRETARY: Ms D Frear





REGISTERED OFFICE: 14 London Road
Newark
Nottinghamshire
NG24 1TW





BUSINESS ADDRESS: Langdale
2 The Avenue
Burton Upon Stather
Lincolnshire
DN15 9EU





REGISTERED NUMBER: 03891587 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW
Page 1
CBF LIMITED (REGISTERED NUMBER: 03891587)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 12,246 16,621

CURRENT ASSETS
Debtors 5 5,200 2,150
Cash at bank 13,865 5,813
19,065 7,963
CREDITORS
Amounts falling due within one year 6 16,673 8,169
NET CURRENT ASSETS/(LIABILITIES) 2,392 (206 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,638 16,415

PROVISIONS FOR LIABILITIES 2,204 2,992
NET ASSETS 12,434 13,423

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 12,433 13,422
SHAREHOLDERS' FUNDS 12,434 13,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 September 2017 and were signed by:





Miss J Frear - Director


The notes form part of these financial statements

Page 2
CBF LIMITED (REGISTERED NUMBER: 03891587)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

CBF Limited is a private company, limited by shares , registered in England and Wales. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue
Revenue represents income from musical entertainment.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of
financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2015 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2016
and 31 December 2016 23,500 25,074 48,574
DEPRECIATION
At 1 January 2016 20,689 11,264 31,953
Charge for year 922 3,453 4,375
At 31 December 2016 21,611 14,717 36,328
NET BOOK VALUE
At 31 December 2016 1,889 10,357 12,246
At 31 December 2015 2,811 13,810 16,621

Page 3
CBF LIMITED (REGISTERED NUMBER: 03891587)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 5,200 2,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 586 501
Taxation and social security 3,410 415
Other creditors 12,677 7,253
16,673 8,169

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.16 31.12.15
value: £    £   
1 Ordinary £1 1 1

8. FIRST YEAR ADOPTION

There were no adjustments required on transition to FRS102.

Page 4