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REGISTERED NUMBER: 14388986 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

CEDAR GATE HOLDINGS GROUP LTD

CEDAR GATE HOLDINGS GROUP LTD (REGISTERED NUMBER: 14388986)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CEDAR GATE HOLDINGS GROUP LTD

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Z Hanif





REGISTERED OFFICE: 1 Kings Avenue
London
N21 3NA





REGISTERED NUMBER: 14388986 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA

CEDAR GATE HOLDINGS GROUP LTD (REGISTERED NUMBER: 14388986)

Balance Sheet
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,900,000 2,900,000

CURRENT ASSETS
Debtors 5 63,712 43,180
Cash at bank and in hand 62,858 150,122
126,570 193,302
CREDITORS
Amounts falling due within one year 6 895,624 1,037,843
NET CURRENT LIABILITIES (769,054 ) (844,541 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,130,946

2,055,459

CREDITORS
Amounts falling due after more than one
year

7

(1,597,768

)

(1,597,768

)

PROVISIONS FOR LIABILITIES 9 (102,082 ) (102,082 )
NET ASSETS 431,096 355,609

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 306,246 306,246
Retained earnings 10 124,750 49,263
431,096 355,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





Z Hanif - Director


CEDAR GATE HOLDINGS GROUP LTD (REGISTERED NUMBER: 14388986)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Cedar Gate Holdings Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue represents the value of rental income chargeable in respect of the company's investment property.
Revenue is recognised evenly over the period of the rental agreement.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in fair value reserve.

Investment property, which is property held to earn rentals or for capital appreciation or both, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure such as legal fees, property transfer taxes, and other transaction costs.

Subsequently it is measured at fair value at the reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on these gains at the rate expected to apply if the property is sold at the balance sheet date.

Financial instruments
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


CEDAR GATE HOLDINGS GROUP LTD (REGISTERED NUMBER: 14388986)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 2,900,000
NET BOOK VALUE
At 30 September 2024 2,900,000
At 30 September 2023 2,900,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2023 408,328
Cost 2,491,672
2,900,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,491,672 2,491,672

Investment property was valued on an open market basis on 30 September 2024 by director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by connected companies 10,000 10,000
Other debtors 53,712 33,180
63,712 43,180

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 648 778
Amounts owed to group undertakings 226,138 226,138
Amounts owed to connected companies 535,000 700,000
Taxation and social security 47,342 28,612
Other creditors 86,496 82,315
895,624 1,037,843

CEDAR GATE HOLDINGS GROUP LTD (REGISTERED NUMBER: 14388986)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 1,597,768 1,597,768

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank Loan 1,597,768 1,597,768

Bank loans are secured by way of fixed charges over the investment properties of the company and contains negative pledge.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 102,082 102,082

Deferred
tax
£   
Balance at 1 October 2023 102,082
Balance at 30 September 2024 102,082

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 49,263 306,246 355,509
Profit for the year 75,487 75,487
At 30 September 2024 124,750 306,246 430,996

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in debtors falling due within one year, is an amount of £10,000 (2023 : £10,000) owed from a connected company.The companies are connected by virtue of having common control.

Included in creditors falling due within one year, is an amount of £761,137.99 (2023 : £926,137.99) owed to a connected company. The companies are connected by virtue of having common control.

These loans are interest free and repayable on demand.