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
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
Cedar Rydal Limited
Statement of financial position
as at 30 September 2024
Tangible assets
3,125
20,824
Debtors
1,292,581
1,277,330
Cash at bank and in hand
220,246
250,938
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
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
Cedar Rydal Limited
Notes to the Accounts
for the year ended 30 September 2024
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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 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 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.
Cedar Rydal Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles
At 30 September 2024
25,000
Charge for the year
10,682
At 30 September 2024
21,875
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.
Amounts falling due within one year
Amounts due from group undertakings etc.
1,249,407
1,233,784
Other debtors
40,400
40,400
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
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).