2023-02-012024-01-312024-01-31false09955004CHERRY TREE PROPERTY LTD2024-09-1768209iso4217:GBPxbrli:pure099550042023-02-01099550042024-01-31099550042023-02-012024-01-31099550042022-02-01099550042023-01-31099550042022-02-012023-01-3109955004bus:SmallEntities2023-02-012024-01-3109955004bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3109955004bus:FullAccounts2023-02-012024-01-3109955004bus:PrivateLimitedCompanyLtd2023-02-012024-01-3109955004core:WithinOneYear2024-01-3109955004core:AfterOneYear2024-01-3109955004core:WithinOneYear2023-01-3109955004core:AfterOneYear2023-01-3109955004core:ShareCapital2024-01-3109955004core:SharePremium2024-01-3109955004core:RevaluationReserve2024-01-3109955004core:OtherReservesSubtotal2024-01-3109955004core:RetainedEarningsAccumulatedLosses2024-01-3109955004core:ShareCapital2023-01-3109955004core:SharePremium2023-01-3109955004core:RevaluationReserve2023-01-3109955004core:OtherReservesSubtotal2023-01-3109955004core:RetainedEarningsAccumulatedLosses2023-01-3109955004core:LandBuildings2024-01-3109955004core:PlantMachinery2024-01-3109955004core:Vehicles2024-01-3109955004core:FurnitureFittings2024-01-3109955004core:OfficeEquipment2024-01-3109955004core:NetGoodwill2024-01-3109955004core:IntangibleAssetsOtherThanGoodwill2024-01-3109955004core:ListedExchangeTraded2024-01-3109955004core:UnlistedNon-exchangeTraded2024-01-3109955004core:LandBuildings2023-01-3109955004core:PlantMachinery2023-01-3109955004core:Vehicles2023-01-3109955004core:FurnitureFittings2023-01-3109955004core:OfficeEquipment2023-01-3109955004core:NetGoodwill2023-01-3109955004core:IntangibleAssetsOtherThanGoodwill2023-01-3109955004core:ListedExchangeTraded2023-01-3109955004core:UnlistedNon-exchangeTraded2023-01-3109955004core:LandBuildings2023-02-012024-01-3109955004core:PlantMachinery2023-02-012024-01-3109955004core:Vehicles2023-02-012024-01-3109955004core:FurnitureFittings2023-02-012024-01-3109955004core:OfficeEquipment2023-02-012024-01-3109955004core:NetGoodwill2023-02-012024-01-3109955004core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3109955004core:ListedExchangeTraded2023-02-012024-01-3109955004core:UnlistedNon-exchangeTraded2023-02-012024-01-3109955004core:MoreThanFiveYears2023-02-012024-01-3109955004core:Non-currentFinancialInstruments2024-01-3109955004core:Non-currentFinancialInstruments2023-01-3109955004dpl:CostSales2023-02-012024-01-3109955004dpl:DistributionCosts2023-02-012024-01-3109955004core:LandBuildings2023-02-012024-01-3109955004core:PlantMachinery2023-02-012024-01-3109955004core:Vehicles2023-02-012024-01-3109955004core:FurnitureFittings2023-02-012024-01-3109955004core:OfficeEquipment2023-02-012024-01-3109955004dpl:AdministrativeExpenses2023-02-012024-01-3109955004core:NetGoodwill2023-02-012024-01-3109955004core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3109955004dpl:GroupUndertakings2023-02-012024-01-3109955004dpl:ParticipatingInterests2023-02-012024-01-3109955004dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3109955004core:ListedExchangeTraded2023-02-012024-01-3109955004dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3109955004core:UnlistedNon-exchangeTraded2023-02-012024-01-3109955004dpl:CostSales2022-02-012023-01-3109955004dpl:DistributionCosts2022-02-012023-01-3109955004core:LandBuildings2022-02-012023-01-3109955004core:PlantMachinery2022-02-012023-01-3109955004core:Vehicles2022-02-012023-01-3109955004core:FurnitureFittings2022-02-012023-01-3109955004core:OfficeEquipment2022-02-012023-01-3109955004dpl:AdministrativeExpenses2022-02-012023-01-3109955004core:NetGoodwill2022-02-012023-01-3109955004core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109955004dpl:GroupUndertakings2022-02-012023-01-3109955004dpl:ParticipatingInterests2022-02-012023-01-3109955004dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3109955004core:ListedExchangeTraded2022-02-012023-01-3109955004dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3109955004core:UnlistedNon-exchangeTraded2022-02-012023-01-3109955004core:NetGoodwill2024-01-3109955004core:IntangibleAssetsOtherThanGoodwill2024-01-3109955004core:LandBuildings2024-01-3109955004core:PlantMachinery2024-01-3109955004core:Vehicles2024-01-3109955004core:FurnitureFittings2024-01-3109955004core:OfficeEquipment2024-01-3109955004core:AfterOneYear2024-01-3109955004core:WithinOneYear2024-01-3109955004core:ListedExchangeTraded2024-01-3109955004core:UnlistedNon-exchangeTraded2024-01-3109955004core:ShareCapital2024-01-3109955004core:SharePremium2024-01-3109955004core:RevaluationReserve2024-01-3109955004core:OtherReservesSubtotal2024-01-3109955004core:RetainedEarningsAccumulatedLosses2024-01-3109955004core:NetGoodwill2023-01-3109955004core:IntangibleAssetsOtherThanGoodwill2023-01-3109955004core:LandBuildings2023-01-3109955004core:PlantMachinery2023-01-3109955004core:Vehicles2023-01-3109955004core:FurnitureFittings2023-01-3109955004core:OfficeEquipment2023-01-3109955004core:AfterOneYear2023-01-3109955004core:WithinOneYear2023-01-3109955004core:ListedExc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CHERRY TREE PROPERTY LTD

Registered Number
09955004
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

CHERRY TREE PROPERTY LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

MANSON, Nicholas Patrick
MANSON, Stephanie Ann, Dr

Registered Address

5 Holly Avenue West
Newcastle Upon Tyne
NE2 2AR

Registered Number

09955004 (England and Wales)
CHERRY TREE PROPERTY LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets34,2735,057
Investment property4781,682781,682
785,955786,739
Current assets
Debtors1,8983,199
Cash at bank and on hand19,28232,457
21,18035,656
Creditors amounts falling due within one year5(9,345)(10,665)
Net current assets (liabilities)11,83524,991
Total assets less current liabilities797,790811,730
Creditors amounts falling due after one year6(846,170)(827,594)
Net assets(48,380)(15,864)
Capital and reserves
Called up share capital2020
Profit and loss account(48,400)(15,884)
Shareholders' funds(48,380)(15,864)
The financial statements were approved and authorised for issue by the Board of Directors on 17 September 2024, and are signed on its behalf by:
MANSON, Nicholas Patrick
Director
Registered Company No. 09955004
CHERRY TREE PROPERTY LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings15
Office Equipment25
Investment property
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 February 237,7063408,046
At 31 January 247,7063408,046
Depreciation and impairment
At 01 February 232,904852,989
Charge for year72064784
At 31 January 243,6241493,773
Net book value
At 31 January 244,0821914,273
At 31 January 234,8022555,057
4.Investment property

£
Fair value at 01 February 23781,682
At 31 January 24781,682
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-1,320
Accrued liabilities and deferred income9,3459,345
Total9,34510,665
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Other creditors846,170827,594
Total846,170827,594