Cedar Court (Petersfield) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10819825 (England and Wales)

Cedar Court (Petersfield) Ltd

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J E Allen

P J Noe

REGISTERED OFFICE:

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

REGISTERED NUMBER:

10819825 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Tangible assets

4

7,972

10,810

Investments

5

1

Investment property

6

1,249,005

1,256,978

1,259,816

CURRENT ASSETS

Debtors

7

237,165

9,458

Cash at bank

9,794

1,323

246,959

10,781

CREDITORS

Amounts falling due within one year

8

357,362

365,770

NET CURRENT LIABILITIES

(110,403

)

(354,989

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,146,575

904,827

CREDITORS

Amounts falling due after more than one
year

9

(763,091

)

(523,119

)

PROVISIONS FOR LIABILITIES

(53,026

)

(52,582

)

NET ASSETS

330,458

329,126

CAPITAL AND RESERVES

Called up share capital

100

Non-distributable reserve

240,109

240,553

Retained earnings

90,249

88,473

SHAREHOLDERS' FUNDS

330,458

329,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 29 September 2025 and were signed on its behalf by:

P J Noe - Director

1.	STATUTORY INFORMATION

Cedar Court (Petersfield) 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.

Preparation of consolidated financial statements

The financial statements contain information about Cedar Court (Petersfield) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents the letting of commercial property net of value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost and 10% on cost

Tangible fixed assets are initially measured at cost. Cost includes the purchase price and all directly attributable costs incurred in bringing the asset into use in the business.

Tangible fixed assets are subsequently measured at cost less any provision for impairment.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. The valuation is reviewed annually and any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. The cumulative amount of any revaluation less any related deferred tax is transferred to a separate non-distributable reserve.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

22,125

DEPRECIATION

At 1 January 2024

11,315

Charge for year

2,838

At 31 December 2024

14,153

NET BOOK VALUE

At 31 December 2024

7,972

At 31 December 2023

10,810

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,249,005

NET BOOK VALUE

At 31 December 2024

1,249,005

At 31 December 2023

1,249,005

Fair value at 31 December 2024 is represented by:

£

Valuation in 2020

223,135

Valuation in 2021

70,000

Cost

955,870

1,249,005

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

2,285

7,783

Other debtors

234,880

1,675

237,165

9,458

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

254,703

40,265

Trade creditors

4,934

4,361

Amounts owed to group undertakings

1

Taxation and social security

4,558

5,137

Other creditors

93,166

316,006

357,362

365,770

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans

13,091

523,119

Other creditors

750,000

-

763,091

523,119

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

220,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Bank loan

244,520

530,178

Other loans

750,000

-

994,520

530,178

The bank loans are secured by way of a fixed and floating charge over all of the property of the company.

The other loans are secured by way of a charge over one of the company's freehold investment properties.

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.

There are no other related party disclosures required.