Company Registration No. 10325086 (England and Wales)
Cedri Limited
Unaudited accounts
for the year ended 31 March 2024
Cedri Limited
Unaudited accounts
Contents
Cedri Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
346
1,367
Creditors: amounts falling due within one year
(197,161)
(355,865)
Net current assets
481,027
346,600
Total assets less current liabilities
481,678
349,844
Creditors: amounts falling due after more than one year
(712,281)
(488,388)
Net liabilities
(230,603)
(138,544)
Called up share capital
100
100
Profit and loss account
(230,703)
(138,644)
Shareholders' funds
(230,603)
(138,544)
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. 10325086
Cedri Limited
Notes to the Accounts
for the year ended 31 March 2024
Cedri Limited is a private company, limited by shares, registered in England and Wales, registration number 10325086. 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:
Fixtures & fittings
5 years straight line
The accounts have been drawn up on a going concern basis. The company is dependent on the support of the director who has introduced funds to support the company. This support is expected to continue.
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.
4
Tangible fixed assets
Fixtures & fittings
Cedri Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Investments
Other investments
Valuation at 1 April 2023
302
Valuation at 31 March 2024
302
Amounts falling due within one year
Amounts due from group undertakings etc.
525,990
588,023
Accrued income and prepayments
54,567
20,968
Other debtors
95,680
74,025
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
41,003
-
Trade creditors
15,203
9,064
Amounts owed to group undertakings and other participating interests
-
7,149
Taxes and social security
138,817
85,401
Loans from directors
-
230,684
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
464,575
488,388
Loans from directors
247,706
-
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).