Company registration number: 12423350
Unaudited financial statements
for the year ended 31 January 2024
for
Cherokee Limited
Pages for filing with the Registrar
Company registration number: 12423350
Cherokee Limited
Balance sheet
as at 31 January 2024
2024 2023
Note £ £ £ £
Fixed assets
Investments 4 1,000,079 1,132,242
1,000,079 1,132,242
Current assets
Debtors 604,287 119,054
Cash at bank and in hand 2 161
604,289 119,215
Creditors: amounts falling due within
one year
(1,607,512) (1,254,517)
Net current liabilities (1,003,223) (1,135,302)
Total assets less current liabilities (3,144) (3,060)
NET LIABILITIES (3,144) (3,060)
Capital and reserves
Called up share capital 100 100
Profit and loss account (3,244) (3,160)
TOTAL EQUITY (3,144) (3,060)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2024.
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 responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12423350
Cherokee Limited
Balance sheet - continued
as at 31 January 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr P Cooke, Director
16 September 2024
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Cherokee Limited
Notes to the financial statements
for the year ended 31 January 2024
1 Company information
The company is registered in England and Wales. Its registered number is 12423350. The company is limited by shares. Its registered office is Unit 17, Paragon Way, Coventry, West Midlands, CV7 9QS.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Investments in associates
Investments in associates are recognised at cost.
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
4 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 February 2023 1,000,079
At 31 January 2024 1,000,079
3
Cherokee Limited
Notes to the financial statements - continued
for the year ended 31 January 2024
4 Fixed asset investments - continued
Investments other than loans - continued
Net book value
At 31 January 2024 1,000,079
At 31 January 2023 1,000,079
Loans
Loans to
group
undertakings
and
participating
interests
£
At 1 February 2023 132,163
Repayment in year (132,163)
At 31 January 2024 -
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