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Registered number: 11332193
Cherwell Property Maintenance Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
FHP Accounting Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11332193
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 30,104 32,095
30,104 32,095
CURRENT ASSETS
Debtors 5 233,280 99,917
Cash at bank and in hand 3,132 13,234
236,412 113,151
Creditors: Amounts Falling Due Within One Year 6 (208,070 ) (86,496 )
NET CURRENT ASSETS (LIABILITIES) 28,342 26,655
TOTAL ASSETS LESS CURRENT LIABILITIES 58,446 58,750
Creditors: Amounts Falling Due After More Than One Year 7 (15,626 ) (25,780 )
NET ASSETS 42,820 32,970
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 42,720 32,870
SHAREHOLDERS' FUNDS 42,820 32,970
Page 1
Page 2
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr R Spencer
Director
17/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cherwell Property Maintenance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11332193 . The registered office is 10 Oxford Street, Nottingham, NG1 5BG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 33% Straight Line
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2024 16,414 11,309 25,429 53,152
Additions - - 16,950 16,950
Disposals - - (6,500 ) (6,500 )
As at 31 December 2024 16,414 11,309 35,879 63,602
Depreciation
As at 1 January 2024 11,323 2,450 7,284 21,057
Provided during the period 3,941 2,716 7,777 14,434
Disposals - - (1,993 ) (1,993 )
As at 31 December 2024 15,264 5,166 13,068 33,498
Net Book Value
As at 31 December 2024 1,150 6,143 22,811 30,104
As at 1 January 2024 5,091 8,859 18,145 32,095
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 159,727 31,109
Prepayments and accrued income 73,553 68,808
233,280 99,917
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 28,157 41,250
Other taxes and social security 14,604 8,199
VAT 18,353 34,597
Other creditors 145,456 949
Accruals and deferred income 1,500 1,501
208,070 86,496
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,626 25,780
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4