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Company Registration No. 05919059 (England and Wales)
Cedar Rydal Limited Unaudited accounts for the year ended 30 September 2024
Cedar Rydal Limited Unaudited accounts Contents
Page
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Cedar Rydal Limited Company Information for the year ended 30 September 2024
Directors
Mr E Watts FRICS Mr M E Watts RIBA
Company Number
05919059 (England and Wales)
Registered Office
Lanesend Jordans Lane Sway Lymington Hampshire SO41 6AR England
Accountants
TMW Accounting Ltd, Chartered Accountants Lanesend Jordans Lane Sway Lymington Hampshire SO41 6AR
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Cedar Rydal Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,125 
20,824 
Investments
101 
101 
3,226 
20,925 
Current assets
Debtors
1,292,581 
1,277,330 
Cash at bank and in hand
220,246 
250,938 
1,512,827 
1,528,268 
Creditors: amounts falling due within one year
(1,254,536)
(1,183,560)
Net current assets
258,291 
344,708 
Net assets
261,517 
365,633 
Capital and reserves
Called up share capital
2 
2 
Share premium
40,400 
40,400 
Capital redemption reserve
1 
1 
Profit and loss account
221,114 
325,230 
Shareholders' funds
261,517 
365,633 
For the year ending 30 September 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 5 March 2025 and were signed on its behalf by
Mr M E Watts RIBA Director Company Registration No. 05919059
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Cedar Rydal Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Cedar Rydal Limited is a private company, limited by shares, registered in England and Wales, registration number 05919059. The registered office is Lanesend, Jordans Lane, Sway, Lymington, Hampshire, SO41 6AR, 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
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
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% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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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Cedar Rydal Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 October 2023
60,456 
Disposals
(35,456)
At 30 September 2024
25,000 
Depreciation
At 1 October 2023
39,632 
Charge for the year
10,682 
On disposals
(28,439)
At 30 September 2024
21,875 
Net book value
At 30 September 2024
3,125 
At 30 September 2023
20,824 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 October 2023
101 
Valuation at 30 September 2024
101 
Shares held in subsidiary companies represent 100% of the share capital of Cedar Rydal (Hadlow) Limited and 100% of the share capital of Cedar Rydal (Lyndhurst) Limited. Both subsidiary companies are registered in England and their registered address is the same as disclosed for the parent company.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,774 
3,146 
Amounts due from group undertakings etc.
1,249,407 
1,233,784 
Other debtors
40,400 
40,400 
1,292,581 
1,277,330 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
9,572 
2,725 
Loans from directors
1,199,675 
1,158,049 
Accruals
45,289 
22,786 
1,254,536 
1,183,560 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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