2023-01-01 2023-12-31 11125650 Cedar Way Property Management false 11125650 2023-01-01 2023-12-31 11125650 uk-bus:Director1 2023-01-01 2023-12-31 11125650 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11125650 uk-bus:SmallEntities 2023-01-01 2023-12-31 11125650 uk-bus:FullAccounts 2023-01-01 2023-12-31 11125650 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11125650 2023-01-01 11125650 2023-12-31 11125650 2022-12-31 xbrli:pure iso4217:GBP 11125650 2022-01-01 2022-12-31
Company Registration Number : 11125650 (England and Wales)
11125650
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-12-31
false
Cedar Way Property Management
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-01-01
Cedar Way Property Management
Unaudited filleted financial statements
For the year ended 31 December 2023
Cedar Way Property Management
Contents
For the year ended 31 December 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Cedar Way Property Management
Company Information
For the year ended 31 December 2023

Company registration number 11125650 (England and Wales)
Director Thomas Pallath
Registered office address 13 Arundel Court
Langley, Slough
Berkshire
United Kingdom
SL3 7NP
Accountant DNS Associates
Chartered Institute of Management Accountants
382 Kenton Road
Harrow, Middlesex
United kingdom
HA3 8DP
Cedar Way Property Management
Statement of Financial Position
For the year ended 31 December 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 1,894 3,787
Investment Property 644,970 644,970
6 646,864 648,757
Current assets
Cash and cash equivalents 25,271 21,560
25,271 21,560
Current liabilities
Creditors: Amounts falling due within one year (480,061) (336,011)
(480,061) (336,011)
Net current (liabilities)/assets (454,790) (314,450)
Total assets less current liabilities 192,074 334,307
Non-current liabilities
Creditors: Amounts falling due after more than one year (221,560) (360,660)
Provision for liabilities (1,515) (1,515)
Net (liabilities)/assets (31,001) (27,868)
Capital and reserves
Called up share capital 200 200
Retained earnings (31,201) (28,068)
Shareholders' funds (31,001) (27,868)
For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 15 August 2024
.............................
Thomas Pallath (Director)
Company registration number: 11125650
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-12-31 31 December 2023
2023 2022
£ £
Fixed Assets 646,864 648,757
Current Assets 25,271 21,560
Creditors: amounts falling due within one year (480,061) (336,011)
Net current assets (liabilities) (454,790) (314,450)
Total assets less current liabilities 192,074 334,307
CREDITORS: Amounts falling due more than one year (221,560) (360,660)
Provisions for liabilities (1,515) (1,515)
Net Assets (liabilities) (31,001) (27,868)
Capital and Reserves (31,001) (27,868)
For the year ending 31/12/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 31-12-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 15 August 2024 2024-08-15 and signed on behalf of the board,
.............................
Thomas Pallath
Director
Company registration number: 11125650
Cedar Way Property Management
Notes to the Financial Statements
For the year ended 31 December 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 13 Arundel Court, Langley, Slough, Berkshire, United Kingdom, SL3 7NP.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings25% straight line
Equipment25% straight line
Motor Cars

(4) Employees
During the year, the average number of employees including director was 0 (2022 : 0).

(5) Related party transactions
Malayil Consulting Ltd is a related party by virtue of having the same director and shareholder. The balance outstanding from this relating party was £225,000 as of 31 December 2023.

(6) Fixed assets
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 January 20237,574644,970652,544
As at 31 December 20237,574644,970652,544
Depreciation/Amortisation
As at 01 January 20233,787-3,787
For the year1,894-1,894
As at 31 December 20235,681-5,681
Net book value
As at 31 December 20231,893644,970646,863
As at 31 December 20223,787644,970648,757

(7) Investment Properties
FRS 102 requires deferred tax to be accounted for assets that are subject to revaluation. Consequently, no deferred tax was
recognised on 31 December 2023 as there is no revaluation found during the year.

(8) Creditors > 1 year (Mortgage Loans)
The SBI and Lendinvest mortgage is secured by the property known as 219 Upton Court Road, Slough, SL3 7LP and 13 Arundel Court Langley, Slough, SL3 7NP.