Company Registration No. 02404457 (England and Wales)
CHERITON MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
Vivian House
Newham Road
Truro
Cornwall
United Kingdom
TR1 2DP
CHERITON MANAGEMENT LIMITED
CONTENTS
Page
Company information
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
CHERITON MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,217
7,063
Current assets
Debtors
4
3,372
-
0
Cash at bank and in hand
658
1,459
4,030
1,459
Creditors: amounts falling due within one year
5
(1,124)
(1,003)
Net current assets
2,906
456
Net assets
9,123
7,519
Capital and reserves
Called up share capital
36
36
Profit and loss reserves
9,087
7,483
Total equity
9,123
7,519

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

CHERITON MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 28 August 2025 and are signed on its behalf by:
Miss N J H McSally
Director
Company registration number 02404457 (England and Wales)
CHERITON MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Cheriton Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Cheriton House, Market Place, St Ives, Cornwall, England, TR26 1RZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents income generated from the principle activity of being a property management company and the turnover is generated from the tenants. Turnover is recognised when the amounts fall due.

 

The director's noted that there was a cash call in the previous accounting period which inflated the turnover.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
10% on cost
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
6
6
CHERITON MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 and 31 March 2025
8,456
Depreciation and impairment
At 1 April 2024
1,393
Depreciation charged in the year
846
At 31 March 2025
2,239
Carrying amount
At 31 March 2025
6,217
At 31 March 2024
7,063
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,372
-
0

At the balance sheet date, the company was owed £3,372 by the tenants, these amounts were settled by June 2025.

5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
1,124
1,003
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