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REGISTERED NUMBER: 10658182 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Cedar Parc Limited

Cedar Parc Limited (Registered number: 10658182)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cedar Parc Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: P J Thompson
D J Thompson
Miss C E Thompson





REGISTERED OFFICE: Estate Ofiice
Harby Lane
Eagle
Lincoln
LN6 9DT





REGISTERED NUMBER: 10658182 (England and Wales)





ACCOUNTANTS: Appleton Richardson & Co
Forensic Accountants
272 Wilford Lane
Wilford
Nottingham
Nottinghamshire
NG11 7AW

Cedar Parc Limited (Registered number: 10658182)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,783 5,979
Investment property 5 4,183,000 3,800,000
4,187,783 3,805,979

CURRENT ASSETS
Cash at bank 30,028 39,274

CREDITORS
Amounts falling due within one year 6 1,914,622 1,915,949
NET CURRENT LIABILITIES (1,884,594 ) (1,876,675 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,303,189

1,929,304

CREDITORS
Amounts falling due after more than one
year

7

(1,081,691

)

(713,691

)

PROVISIONS FOR LIABILITIES (152,000 ) (152,000 )
NET ASSETS 1,069,498 1,063,613

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,069,398 1,063,513
SHAREHOLDERS' FUNDS 1,069,498 1,063,613

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 directors acknowledge their 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.

Cedar Parc Limited (Registered number: 10658182)

Balance Sheet - continued
30 September 2024


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 Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





Miss C E Thompson - Director


Cedar Parc Limited (Registered number: 10658182)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Cedar Parc Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The nature of the company's operations and principle activities was that of property and estate management..

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound (£).

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

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cedar Parc Limited (Registered number: 10658182)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2023
and 30 September 2024 11,679
DEPRECIATION
At 1 October 2023 5,700
Charge for year 1,196
At 30 September 2024 6,896
NET BOOK VALUE
At 30 September 2024 4,783
At 30 September 2023 5,979

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 3,800,000
Additions 383,000
At 30 September 2024 4,183,000
NET BOOK VALUE
At 30 September 2024 4,183,000
At 30 September 2023 3,800,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2019 3,000,000
Valuation in 2020 800,000
Valuation in 2024 383,000
4,183,000

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

30.9.24 30.9.23
£    £   
Cost 3,000,000 3,000,000

The investment property was valued on an open market value basis on 15 March 2020 by the directors .

Cedar Parc Limited (Registered number: 10658182)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 82,665 51,664
Amounts owed to group undertakings 1,401,973 1,517,573
Taxation and social security 100,208 49,165
Other creditors 329,776 297,547
1,914,622 1,915,949

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Other creditors 1,081,691 713,691

8. ULTIMATE CONTROLLING PARTY

The controlling party is P J Thompson.

The ultimate controlling party is P J Thompson.

The ultimate controlling party is SMT Estates Limited, the ultimate controlling party of that company is Mr Peter Thompson.