Cherub Trading Ltd
Registered number: 04560387
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Current assets
Stocks 210 230
Debtors 3 919 754
Cash at bank and in hand 1,677 2,604
2,806 3,588
Creditors: amounts falling due within one year 4 (31,812) (29,946)
Net current liabilities (29,006) (26,358)
Net liabilities (29,006) (26,358)
Capital and reserves
Called up share capital 100 100
Profit and loss account (29,106) (26,458)
Shareholders' funds (29,006) (26,358)
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 members have 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.
S A Kim
Director
Approved by the board on 24 March 2025
Cherub Trading Ltd
Notes to the Accounts
for the year ended 30 September 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. Turnover includes revenue earned from the rendering of services. 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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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 1 2
3 Debtors 2024 2023
£ £
Other debtors 919 754
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 31,812 29,946
5 Other information
Cherub Trading Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Suite 41, Chessington Business Centre
37 Cox Lane
Chessington
Surrey
KT9 1SD
Cherub Trading Ltd 04560387 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts July 2024 S A Kim No description of principal activity 04560387 2022-10-01 2023-09-30 04560387 core:WithinOneYear 2023-09-30 04560387 core:ShareCapital 2023-09-30 04560387 core:RetainedEarningsAccumulatedLosses 2023-09-30 04560387 2023-10-01 2024-09-30 04560387 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04560387 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04560387 bus:Director40 2023-10-01 2024-09-30 04560387 1 2023-10-01 2024-09-30 04560387 2 2023-10-01 2024-09-30 04560387 countries:England 2023-10-01 2024-09-30 04560387 bus:FRS102 2023-10-01 2024-09-30 04560387 bus:FilletedAccounts 2023-10-01 2024-09-30 04560387 2024-09-30 04560387 core:WithinOneYear 2024-09-30 04560387 core:ShareCapital 2024-09-30 04560387 core:RetainedEarningsAccumulatedLosses 2024-09-30 04560387 2023-09-30 iso4217:GBP xbrli:pure