REGISTERED NUMBER: 08626074 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2025

FOR

CHERITH FINANCIAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Hartley

REGISTERED OFFICE:

46 Main Street

Mexborough

South Yorkshire

S64 9DU

REGISTERED NUMBER:

08626074 (England and Wales)

ACCOUNTANTS:

Leesing Marrison Lee & Co

Chartered Certified Accountants

46 Main Street

Mexborough

South Yorkshire

S64 9DU

FIXED ASSETS

Tangible assets

4

142

1,364

Investments

5

611,479

556,479

611,621

557,843

CURRENT ASSETS

Debtors

6

200,000

-

Cash at bank

330,824

485,485

530,824

485,485

CREDITORS

Amounts falling due within one year

7

67,504

59,624

NET CURRENT ASSETS

463,320

425,861

TOTAL ASSETS LESS CURRENT LIABILITIES

1,074,941

983,704

PROVISIONS FOR LIABILITIES

18,715

18,822

NET ASSETS

1,056,226

964,882

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,056,126

964,782

SHAREHOLDERS' FUNDS

1,056,226

964,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14th October 2025 and were signed by:

J Hartley - Director

1.	STATUTORY INFORMATION

Cherith Financial Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

33% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st August 2024

2,790

7,923

5,980

16,693

Disposals

-

(7,923

)

-

(7,923

)

At 31st July 2025

2,790

-

5,980

8,770

DEPRECIATION

At 1st August 2024

2,509

6,866

5,954

15,329

Charge for year

139

-

26

165

Eliminated on disposal

-

(6,866

)

-

(6,866

)

At 31st July 2025

2,648

-

5,980

8,628

NET BOOK VALUE

At 31st July 2025

142

-

-

142

At 31st July 2024

281

1,057

26

1,364

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st August 2024

556,479

Additions

55,000

At 31st July 2025

611,479

NET BOOK VALUE

At 31st July 2025

611,479

At 31st July 2024

556,479

Cost or valuation at 31st July 2025 is represented by:

Other

investments

£

Valuation in 2019

5,709

Valuation in 2020

(15,931

)

Valuation in 2021

37,229

Valuation in 2022

1,806

Valuation in 2023

13,184

Valuation in 2024

40,990

Cost

528,492

611,479

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

200,000

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Taxation and social security

66,153

57,667

Other creditors

1,351

1,957

67,504

59,624

8.	ULTIMATE CONTROLLING PARTY

J Hartley as director and shareholder, exercises control over the company.