Company Registration No. 09981532 (England and Wales)
Cherry Lane Homes Limited
Unaudited accounts
for the year ended 29 February 2024
Cherry Lane Homes Limited
Unaudited accounts
Contents
Cherry Lane Homes Limited
Company Information
for the year ended 29 February 2024
Directors
Sidney Cherry
Sidney George Cherry
Company Number
09981532 (England and Wales)
Registered Office
LN12 Armstrong House
First Avenue
Doncaster Finningley AIrport
Doncaster
South Yorkshire
DN9 3GA
United Kingdom
Accountants
Turkhud and Co
LN12 Armstrong House
First Avenue
Doncaster Finningley Airport
Doncaster
South Yorkshire
DN9 3GA
Cherry Lane Homes Limited
Statement of financial position
as at 29 February 2024
Tangible assets
30,967
41,290
Investment property
83,073
83,073
Cash at bank and in hand
20,254
135,509
Creditors: amounts falling due within one year
(913,101)
(912,089)
Net current liabilities
(892,847)
(676,242)
Net liabilities
(778,807)
(551,879)
Called up share capital
150
150
Profit and loss account
(778,957)
(552,029)
Shareholders' funds
(778,807)
(551,879)
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 directors acknowledge their 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 of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by
Sidney Cherry
Director
Company Registration No. 09981532
Cherry Lane Homes Limited
Notes to the Accounts
for the year ended 29 February 2024
Cherry Lane Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 09981532. The registered office is LN12 Armstrong House, First Avenue, Doncaster Finningley AIrport, Doncaster, South Yorkshire, DN9 3GA, United Kingdom.
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
Over 4 years
4
Tangible fixed assets
Plant & machinery
At 29 February 2024
178,546
Charge for the year
10,323
At 29 February 2024
147,579
At 29 February 2024
30,967
At 28 February 2023
41,290
Fair value at 1 March 2023
83,073
At 29 February 2024
83,073
Cherry Lane Homes Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
29,199
38,048
Trade creditors
1,200
1,200
Taxes and social security
5,260
-
Other creditors
553,753
437,415
Loans from directors
323,689
435,426
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).