CHERRYOAK LIMITED

Company Registration Number:
01192569 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

CHERRYOAK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

CHERRYOAK LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1 1
Investments: 4 10,555,655 10,555,655
Total fixed assets: 10,555,656 10,555,656
Current assets
Stocks: 0 0
Debtors:   0 0
Cash at bank and in hand: 432 432
Investments:   0 0
Total current assets: 432 432
Creditors: amounts falling due within one year:   (22,794) (22,794)
Net current assets (liabilities): (22,362) (22,362)
Total assets less current liabilities: 10,533,294 10,533,294
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 10,533,294 10,533,294
Capital and reserves
Called up share capital: 164,170 164,170
Share premium account: 4,345,629 4,345,629
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 6,023,495 6,023,495
Shareholders funds: 10,533,294 10,533,294

The notes form part of these financial statements

CHERRYOAK LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: S Lupton
Status: Director

The notes form part of these financial statements

CHERRYOAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery - 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Fixed asset investments Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

CHERRYOAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

CHERRYOAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 880
At 31 December 2024 880
Depreciation
At 01 January 2024 879
At 31 December 2024 879
Net book value
At 31 December 2024 1
At 31 December 2023 1

CHERRYOAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Investments, £ Cost At 1 January 2024 10,555,655 At 31 December 2024 10,555,655 Impairment At 1 January 2024 - At 31 December 2024 - Carrying amount At 31 December 2024 10,555,655 At 31 December 2023 10,555,655

CHERRYOAK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party: Willowcombe Limited
Relationship:
Subsidiary company
Description of the Transaction: Management fees
£
Balance at 01 January 2024 19,152
Balance at 31 December 2024 19,187
Name of the related party: Thurland Limited
Relationship:
Subsidiary company
Description of the Transaction: Management fees
£
Balance at 01 January 2024 10,056
Balance at 31 December 2024 10,091