Registered number
12508549
Cedar Bloom Homes LTD
Filleted Accounts
31 March 2024
Cedar Bloom Homes LTD
Registered number: 12508549
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 166,371 166,371
Current assets
Debtors 4 100 100
Cash at bank and in hand 20,050 13,650
20,150 13,750
Creditors: amounts falling due within one year 5 (185,435) (175,123)
Net current liabilities (165,285) (161,373)
Net assets 1,086 4,998
Capital and reserves
Called up share capital 100 100
Profit and loss account 986 4,898
Shareholder's funds 1,086 4,998
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Lois Olubanke Talabi
Director
Approved by the board on 17 January 2025
Cedar Bloom Homes LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
The company owns an investment property that is held to generate rental income. The investment property is initially recognized at cost, which includes the purchase price and directly attributable costs. Subsequently, it is measured at fair value at each reporting date. Changes in the fair value are recognized in the profit and loss account. No depreciation is charged on the investment property.
Investment Property Not depreciated
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2023 166,371
At 31 March 2024 166,371
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 166,371
At 31 March 2023 166,371
4 Debtors 2024 2023
£ £
Called-up share capital not paid 100 100
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 11,001 1,000
Taxation and social security costs 1,149 1,149
Other creditors 173,285 172,974
185,435 175,123
6 Other information
Cedar Bloom Homes LTD is a private company limited by shares and incorporated in England. Its registered office is:
Building 2, Office 28 The Forum
Tamtameside Business Park, Windmill Lane Denton
 Manchester
England
M34 3QS
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