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REGISTERED NUMBER: 03079096 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 September 2023

for

Cherrytree Vale Limited

Cherrytree Vale Limited (Registered number: 03079096)






Contents of the Financial Statements
for the Year Ended 28 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cherrytree Vale Limited

Company Information
for the Year Ended 28 September 2023







DIRECTORS: Mr J R J Evans
Mr F Evans
Mrs S Evans





SECRETARY: Mrs J Evans





REGISTERED OFFICE: Reedham House
31 King Street West
Manchester
M3 2PJ





BUSINESS ADDRESS: 1a Church Road
Eccles
Manchester
Lancashire
M30 0DL





REGISTERED NUMBER: 03079096 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Cherrytree Vale Limited (Registered number: 03079096)

Balance Sheet
28 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 26,250 41,250
Tangible assets 5 42,648 13,441
68,898 54,691

CURRENT ASSETS
Debtors 6 393,699 365,122
Cash at bank and in hand 282,262 249,732
675,961 614,854
CREDITORS
Amounts falling due within one year 7 320,223 350,763
NET CURRENT ASSETS 355,738 264,091
TOTAL ASSETS LESS CURRENT
LIABILITIES

424,636

318,782

PROVISIONS FOR LIABILITIES 6,339 2,291
NET ASSETS 418,297 316,491

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 417,297 315,491
SHAREHOLDERS' FUNDS 418,297 316,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cherrytree Vale Limited (Registered number: 03079096)

Balance Sheet - continued
28 September 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





Mr J R J Evans - Director


Cherrytree Vale Limited (Registered number: 03079096)

Notes to the Financial Statements
for the Year Ended 28 September 2023

1. STATUTORY INFORMATION

Cherrytree Vale 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 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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on cost

Tangible fixed assets are initially recorded at cost less accumulated depreciation and accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cherrytree Vale Limited (Registered number: 03079096)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company's financial statements for the period ended 28 September 2023 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Grants
Grants received are credited to the profit and loss account as the related expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 83 (2022 - 70 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 29 September 2022
and 28 September 2023 150,000
AMORTISATION
At 29 September 2022 108,750
Charge for year 15,000
At 28 September 2023 123,750
NET BOOK VALUE
At 28 September 2023 26,250
At 28 September 2022 41,250

Cherrytree Vale Limited (Registered number: 03079096)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2023

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 29 September 2022 71,114 107,467 11,029 189,610
Additions 18,675 9,418 7,454 35,547
At 28 September 2023 89,789 116,885 18,483 225,157
DEPRECIATION
At 29 September 2022 71,114 95,520 9,535 176,169
Charge for year 1,867 2,499 1,974 6,340
At 28 September 2023 72,981 98,019 11,509 182,509
NET BOOK VALUE
At 28 September 2023 16,808 18,866 6,974 42,648
At 28 September 2022 - 11,947 1,494 13,441

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 93,536 140,967
Other debtors 300,163 224,155
393,699 365,122

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 174
Trade creditors 152,763 184,146
Taxation and social security 103,025 79,250
Other creditors 64,435 87,193
320,223 350,763

8. RELATED PARTY DISCLOSURES

Included within other debtors is a balance amounting to £262,799 (2022: £199,412) due from companies in which the directors of the company are also directors and shareholders. There are no fixed repayment terms and no interest is chargeable by the company in respect of this balance.