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Company Registration No. 04352274 (England and Wales)
Cherry Tree Events Limited Unaudited accounts for the year ended 29 February 2024
Cherry Tree Events Limited Unaudited accounts Contents
Page
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Cherry Tree Events Limited Company Information for the year ended 29 February 2024
Directors
N R W Edwards L A Edwards
Secretary
N R W Edwards
Company Number
04352274 (England and Wales)
Registered Office
Redwood Hillside Drive Gravesend Kent DA12 1NY
Accountants
King & Taylor 123 Cross Lane East Gravesend Kent DA12 5HA
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Cherry Tree Events Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,364 
27,011 
Current assets
Inventories
183,926 
167,140 
Debtors
10,943 
32,631 
Cash at bank and in hand
25,070 
24,037 
219,939 
223,808 
Creditors: amounts falling due within one year
(161,869)
(129,422)
Net current assets
58,070 
94,386 
Total assets less current liabilities
85,434 
121,397 
Creditors: amounts falling due after more than one year
(30,234)
(34,783)
Net assets
55,200 
86,614 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
55,199 
86,613 
Shareholders' funds
55,200 
86,614 
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 29 November 2024 and were signed on its behalf by
N R W Edwards Director Company Registration No. 04352274
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Cherry Tree Events Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Cherry Tree Events Limited is a private company, limited by shares, registered in England and Wales, registration number 04352274. The registered office is Redwood, Hillside Drive, Gravesend, Kent, DA12 1NY.
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
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
10% straight line basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
20-25% reducing balance basis
Computer equipment
20% straight line basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Cherry Tree Events Limited 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
28,858 
17,900 
11,188 
2,894 
60,840 
Additions
- 
6,346 
353 
1,185 
7,884 
At 29 February 2024
28,858 
24,246 
11,541 
4,079 
68,724 
Depreciation
At 1 March 2023
15,973 
10,784 
6,582 
490 
33,829 
Charge for the year
2,886 
2,921 
1,016 
708 
7,531 
At 29 February 2024
18,859 
13,705 
7,598 
1,198 
41,360 
Net book value
At 29 February 2024
9,999 
10,541 
3,943 
2,881 
27,364 
At 28 February 2023
12,885 
7,116 
4,606 
2,404 
27,011 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
222 
2,435 
Accrued income and prepayments
4,079 
3,350 
Other debtors
6,642 
26,846 
10,943 
32,631 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,495 
5,495 
VAT
15,168 
10,449 
Trade creditors
10,374 
15,628 
Amounts owed to group undertakings and other participating interests
3,703 
2,586 
Taxes and social security
3,124 
8,931 
Other creditors
86,517 
72,758 
Loans from directors
33,214 
- 
Accruals
4,274 
13,575 
161,869 
129,422 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,234 
34,783 
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Cherry Tree Events Limited Notes to the Accounts for the year ended 29 February 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
N R W Edwards
Directors
26,846 
- 
26,846 
- 
26,846 
- 
26,846 
- 
9
Average number of employees
During the year the average number of employees was 13 (2023: 13).
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