Cherry Diving Limited 06579855 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is the provision of dive co-ordinating services to commercial diving and maritime consultants Digita Accounts Production Advanced 6.30.9574.0 true true 06579855 2023-05-01 2024-04-30 06579855 2024-04-30 06579855 core:RetainedEarningsAccumulatedLosses 2024-04-30 06579855 core:ShareCapital 2024-04-30 06579855 core:CurrentFinancialInstruments 2024-04-30 06579855 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 06579855 core:Non-currentFinancialInstruments 2024-04-30 06579855 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 06579855 bus:SmallEntities 2023-05-01 2024-04-30 06579855 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06579855 bus:FilletedAccounts 2023-05-01 2024-04-30 06579855 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06579855 bus:RegisteredOffice 2023-05-01 2024-04-30 06579855 bus:CompanySecretary1 2023-05-01 2024-04-30 06579855 bus:Director2 2023-05-01 2024-04-30 06579855 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06579855 bus:Agent1 2023-05-01 2024-04-30 06579855 countries:AllCountries 2023-05-01 2024-04-30 06579855 2022-05-01 2023-04-30 06579855 2023-04-30 06579855 core:RetainedEarningsAccumulatedLosses 2023-04-30 06579855 core:ShareCapital 2023-04-30 06579855 core:CurrentFinancialInstruments 2023-04-30 06579855 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 06579855 core:Non-currentFinancialInstruments 2023-04-30 06579855 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 06579855

Cherry Diving Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Cherry Diving Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 6

 

Cherry Diving Limited

Company Information

Director

Mr DA Cherry

Company secretary

Miss TJ Brown

Registered office

Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

Accountants

Crossley & Davis Chartered Accountants
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Cherry Diving Limited
for the Year Ended 30 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cherry Diving Limited for the year ended 30 April 2024 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Cherry Diving Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Cherry Diving Limited and state those matters that we have agreed to state to the Board of Directors of Cherry Diving Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cherry Diving Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Cherry Diving Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Cherry Diving Limited. You consider that Cherry Diving Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Cherry Diving Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Crossley & Davis Chartered Accountants
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

10 February 2025

 

Cherry Diving Limited

(Registration number: 06579855)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

114,000

118,000

Cash at bank and in hand

 

-

9,245

 

114,000

127,245

Creditors: Amounts falling due within one year

5

(42,803)

(46,473)

Total assets less current liabilities

 

71,197

80,772

Creditors: Amounts falling due after more than one year

5

(7,515)

(14,515)

Net assets

 

63,682

66,257

Capital and reserves

 

Called up share capital

100

100

Retained earnings

63,582

66,157

Shareholders' funds

 

63,682

66,257

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 February 2025
 

.........................................
Mr DA Cherry
Director

 

Cherry Diving Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The address of its registered office is:
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF
England

These financial statements were authorised for issue by the director on 10 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Cherry Diving Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

7

114,000

118,000

   

114,000

118,000

 

Cherry Diving Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

7,207

7,000

Accruals and deferred income

 

13,260

12,760

Other creditors

 

22,336

26,713

 

42,803

46,473

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

6

7,515

14,515

6

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

7,515

14,515

Current loans and borrowings

2024
£

2023
£

Bank borrowings

7,000

7,000

Bank overdrafts

207

-

7,207

7,000

7

Related party transactions

In the year to 30th April 2018 an inter company loan of £160,000 was made available. No interest is being charged on this loan and no repayment date has been set.