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Company Registration No. 12472795 (England and Wales)
CHERRY CARE CHILDREN'S HOME LTD Unaudited accounts for the year ended 29 February 2024
CHERRY CARE CHILDREN'S HOME LTD Unaudited accounts Contents
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CHERRY CARE CHILDREN'S HOME LTD Company Information for the year ended 29 February 2024
Director
Jacob Kraus
Company Number
12472795 (England and Wales)
Registered Office
47b WEST BANK LONDON N16 5DF ENGLAND
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CHERRY CARE CHILDREN'S HOME LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
101 
101 
Fixed assets
Tangible assets
108,399 
33,888 
Current assets
Debtors
124,830 
203,723 
Cash at bank and in hand
95,650 
33,965 
220,480 
237,688 
Creditors: amounts falling due within one year
(203,931)
(169,816)
Net current assets
16,549 
67,872 
Total assets less current liabilities
125,049 
101,861 
Creditors: amounts falling due after more than one year
(39,200)
(44,763)
Net assets
85,849 
57,098 
Capital and reserves
Called up share capital
101 
101 
Profit and loss account
85,748 
56,997 
Shareholders' funds
85,849 
57,098 
For the year ending 29 February 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 his 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 20 November 2024 and were signed on its behalf by
Jacob Kraus Director Company Registration No. 12472795
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CHERRY CARE CHILDREN'S HOME LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
CHERRY CARE CHILDREN'S HOME LTD is a private company, limited by shares, registered in England and Wales, registration number 12472795. The registered office is 47b WEST BANK, LONDON, N16 5DF, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% RBB
Fixtures & fittings
20% SL
Computer equipment
25% RBB
Other tangible fixed assets
3% SL
Going concern
The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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CHERRY CARE CHILDREN'S HOME LTD Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
30,829 
4,700 
- 
2,108 
37,637 
Additions
47,135 
- 
34,625 
4,015 
85,775 
At 29 February 2024
77,964 
4,700 
34,625 
6,123 
123,412 
Depreciation
At 1 March 2023
925 
1,606 
- 
1,218 
3,749 
Charge for the year
2,339 
774 
6,925 
1,226 
11,264 
At 29 February 2024
3,264 
2,380 
6,925 
2,444 
15,013 
Net book value
At 29 February 2024
74,700 
2,320 
27,700 
3,679 
108,399 
At 28 February 2023
29,904 
3,094 
- 
890 
33,888 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(450)
203,723 
Accrued income and prepayments
20,800 
- 
Other debtors
104,480 
- 
124,830 
203,723 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
159,633 
83,511 
Taxes and social security
20,401 
26,825 
Other creditors
21,017 
54,960 
Accruals
2,880 
4,520 
203,931 
169,816 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
39,200 
44,763 
8
Transactions with related parties
Included in other debtors is £97,280 due from related companies in which Mr Kraus & Mr Grunhut, the beneficial owners of this company are also directors/owners.
9
Average number of employees
During the year the average number of employees was 23 (2023: 12).
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