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Registered number: 12377077
Cherry Plant Ltd
Financial Statements
For The Year Ended 31 January 2025
Trek Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12377077
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,436 48,092
39,436 48,092
CURRENT ASSETS
Stocks 5 5,900 5,900
Debtors 6 18,275 18,275
Cash at bank and in hand 1,968 29,210
26,143 53,385
Creditors: Amounts Falling Due Within One Year 7 (32,156 ) (38,020 )
NET CURRENT ASSETS (LIABILITIES) (6,013 ) 15,365
TOTAL ASSETS LESS CURRENT LIABILITIES 33,423 63,457
Creditors: Amounts Falling Due After More Than One Year 8 - (15,346 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (6,345 )
NET ASSETS 33,423 41,766
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 33,422 41,765
SHAREHOLDERS' FUNDS 33,423 41,766
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Colin Pensom
Director
1st September 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
Cherry Plant Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12377077 . The registered office is 73 Brionne Way, Longlevens, Gloucester, GL2 0TN.
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:
Plant & Machinery 18% reducing Balance
Motor Vehicles 18% Reducing Balance
Fixtures & Fittings 18% reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2024 50,630 25,250 1,252 77,132
As at 31 January 2025 50,630 25,250 1,252 77,132
Depreciation
As at 1 February 2024 23,928 4,545 567 29,040
Provided during the period 4,806 3,727 123 8,656
As at 31 January 2025 28,734 8,272 690 37,696
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2025 21,896 16,978 562 39,436
As at 1 February 2024 26,702 20,705 685 48,092
5. Stocks
2025 2024
£ £
Stock 5,900 5,900
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 18,275 18,275
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts - 9,890
VAT 51 1,771
Accruals and deferred income 1,420 900
Director's loan account 30,685 25,459
32,156 38,020
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 15,346
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4