Company Registration No. 11781336 (England and Wales)
Cedar Shipston Limited
Unaudited accounts
for the year ended 31 March 2024
Cedar Shipston Limited
Unaudited accounts
Contents
Cedar Shipston Limited
Statement of financial position
as at 31 March 2024
Tangible assets
1,120
7,101
Cash at bank and in hand
-
14
Creditors: amounts falling due within one year
(89,228)
(92,958)
Net current liabilities
(51,964)
(52,867)
Total assets less current liabilities
(50,844)
(45,766)
Creditors: amounts falling due after more than one year
(15,886)
(16,552)
Provisions for liabilities
Deferred tax
(2,861)
(2,861)
Net liabilities
(69,591)
(65,179)
Called up share capital
1
1
Profit and loss account
(69,592)
(65,180)
Shareholders' funds
(69,591)
(65,179)
For the year ending 31 March 2024 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board and authorised for issue on 28 October 2024 and were signed on its behalf by
Sarah-Jane Moore
Director
Company Registration No. 11781336
Cedar Shipston Limited
Notes to the Accounts
for the year ended 31 March 2024
Cedar Shipston Limited is a private company, limited by shares, registered in England and Wales, registration number 11781336. The registered office is Unit 3 , Canalside Business Park, Tramway Road, Banbury, Oxfordshire, OX16 5FA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3-5 years straight line
Fixtures & fittings
3-5 years straight line
Computer equipment
4 years straight line
The accounts have been drawn up on a going concern basis. The company is dependent upon the continued support of its
creditors. The director does not consider that the support of its creditors is likely to be withdrawn.
If the going concern basis was not appropriate, adjustments would have to be made to reduce assets to their recoverable amounts, to provide for additional liabilities that might arise and to reclassify fixed assets as current assets.
Cedar Shipston Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
20,773
27,070
1,210
49,053
Disposals
(13,220)
-
-
(13,220)
At 31 March 2024
7,553
27,717
1,210
36,480
At 1 April 2023
15,747
25,102
1,103
41,952
Charge for the year
1,381
1,835
107
3,323
On disposals
(9,915)
-
-
(9,915)
At 31 March 2024
7,213
26,937
1,210
35,360
At 31 March 2024
340
780
-
1,120
At 31 March 2023
5,026
1,968
107
7,101
Amounts falling due within one year
Amounts due from group undertakings etc.
-
8,446
Accrued income and prepayments
-
43
Other debtors
17,278
15,074
Amounts falling due after more than one year
Accrued income and prepayments
864
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
15,894
6,390
Trade creditors
10,460
12,601
Amounts owed to group undertakings and other participating interests
22,382
42,383
Deferred income
3,632
3,059
Cedar Shipston Limited
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024
2023
The ultimate controlling party is Cedri Limited, incorporated in England and Wales, by virtue of its 100% holding of the company's issued share capital. The registered office of Cedri Limited is Unit 3, Canalside Business Park, Tramway Road, Banbury, OX16 5FA.
9
Average number of employees
During the year the average number of employees was 4 (2023: 2).