0 false false false false false false false false false true false false false false false false No description of principal activity 2022-11-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP NI051314 2022-11-01 2023-12-31 NI051314 2023-12-31 NI051314 2022-10-31 NI051314 bus:OrdinaryShareClass1 2022-11-01 2023-12-31 NI051314 bus:Director1 2022-11-01 2023-12-31 NI051314 core:WithinOneYear 2023-12-31 NI051314 core:WithinOneYear 2022-10-31 NI051314 core:ShareCapital 2023-12-31 NI051314 core:ShareCapital 2022-10-31 NI051314 core:RetainedEarningsAccumulatedLosses 2023-12-31 NI051314 core:RetainedEarningsAccumulatedLosses 2022-10-31 NI051314 bus:SmallEntities 2022-11-01 2023-12-31 NI051314 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-12-31 NI051314 bus:FullAccounts 2022-11-01 2023-12-31 NI051314 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-12-31 NI051314 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-12-31 NI051314 bus:OrdinaryShareClass1 2023-12-31 NI051314 bus:OrdinaryShareClass1 2022-10-31
COMPANY REGISTRATION NUMBER: NI051314
Cherry Brand Limited
Filleted Unaudited Financial Statements
31 December 2023
Cherry Brand Limited
Statement of Financial Position
31 December 2023
31 Dec 23
31 Oct 22
Note
£
£
£
Fixed assets
Tangible assets
4
258
258
Current assets
Debtors
5
100
100
Creditors: amounts falling due within one year
6
150
150
----
----
Net current liabilities
50
50
----
----
Total assets less current liabilities
208
208
----
----
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
108
108
----
----
Shareholders funds
208
208
----
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 21 August 2024 , and are signed on behalf of the board by:
Mr J Keane
Director
Company registration number: NI051314
Cherry Brand Limited
Notes to the Financial Statements
Period from 1 November 2022 to 31 December 2023
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is Pavillionsoffice Park, Kinnegar, Holywood, Co. Down, BT18 9JQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
10% straight line
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tangible assets
Equipment
Total
£
£
Cost
At 1 November 2022 and 31 December 2023
1,471
1,471
-------
-------
Depreciation
At 1 November 2022 and 31 December 2023
1,213
1,213
-------
-------
Carrying amount
At 31 December 2023
258
258
-------
-------
At 31 October 2022
258
258
-------
-------
5. Debtors
31 Dec 23
31 Oct 22
£
£
Other debtors
100
100
----
----
6. Creditors: amounts falling due within one year
31 Dec 23
31 Oct 22
£
£
Trade creditors
150
150
----
----
7. Called up share capital
Issued, called up and fully paid
31 Dec 23
31 Oct 22
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----
8. Related party transactions
The company was under the control of Mr J Keane throughout the current and previous period. Mr J Keane is a director and majority shareholder of Ardmore Advertising and Marketing Limited.