Acorah Software Products - Accounts Production 16.6.920 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 04352274 L Edwards N Edwards N Edwards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04352274 2024-02-29 04352274 2025-02-28 04352274 2024-03-01 2025-02-28 04352274 frs-core:CurrentFinancialInstruments 2025-02-28 04352274 frs-core:Non-currentFinancialInstruments 2025-02-28 04352274 frs-core:ComputerEquipment 2025-02-28 04352274 frs-core:ComputerEquipment 2024-03-01 2025-02-28 04352274 frs-core:ComputerEquipment 2024-02-29 04352274 frs-core:FurnitureFittings 2025-02-28 04352274 frs-core:FurnitureFittings 2024-03-01 2025-02-28 04352274 frs-core:FurnitureFittings 2024-02-29 04352274 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 04352274 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-01 2025-02-28 04352274 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 04352274 frs-core:MotorVehicles 2025-02-28 04352274 frs-core:MotorVehicles 2024-03-01 2025-02-28 04352274 frs-core:MotorVehicles 2024-02-29 04352274 frs-core:ShareCapital 2025-02-28 04352274 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 04352274 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04352274 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 04352274 frs-bus:SmallEntities 2024-03-01 2025-02-28 04352274 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 04352274 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 04352274 frs-bus:Director1 2024-03-01 2025-02-28 04352274 frs-bus:Director2 2024-03-01 2025-02-28 04352274 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 04352274 frs-countries:EnglandWales 2024-03-01 2025-02-28 04352274 2023-02-28 04352274 2024-02-29 04352274 2023-03-01 2024-02-29 04352274 frs-core:CurrentFinancialInstruments 2024-02-29 04352274 frs-core:Non-currentFinancialInstruments 2024-02-29 04352274 frs-core:ShareCapital 2024-02-29 04352274 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 04352274
Cherry Tree Events Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
King & Taylor
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04352274
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,318 27,364
22,318 27,364
CURRENT ASSETS
Stocks 5 212,743 183,926
Debtors 6 29,252 10,943
Cash at bank and in hand 8,251 25,070
250,246 219,939
Creditors: Amounts Falling Due Within One Year 7 (172,971 ) (161,869 )
NET CURRENT ASSETS (LIABILITIES) 77,275 58,070
TOTAL ASSETS LESS CURRENT LIABILITIES 99,593 85,434
Creditors: Amounts Falling Due After More Than One Year 8 (24,792 ) (30,234 )
NET ASSETS 74,801 55,200
CAPITAL AND RESERVES
Called up share capital 2 1
Profit and Loss Account 74,799 55,199
SHAREHOLDERS' FUNDS 74,801 55,200
Page 1
Page 2
For the year ending 28 February 2025 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
N Edwards
Director
31/10/2025
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 Tree Events Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04352274 . The registered office is Redwood, Hillside Drive, Gravesend, Kent, DA12 1NY.
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.
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 10% straight line basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 20-25% reducing balance basis
Computer Equipment 20% straight line basis
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 13)
13 13
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2024 28,858 24,247 11,541 4,079 68,725
Additions - - 2,432 - 2,432
As at 28 February 2025 28,858 24,247 13,973 4,079 71,157
Depreciation
As at 1 March 2024 18,859 13,705 7,599 1,198 41,361
Provided during the period 2,886 2,636 1,140 816 7,478
As at 28 February 2025 21,745 16,341 8,739 2,014 48,839
Net Book Value
As at 28 February 2025 7,113 7,906 5,234 2,065 22,318
As at 1 March 2024 9,999 10,542 3,942 2,881 27,364
5. Stocks
2025 2024
£ £
Stock 212,743 183,926
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 25,170 222
Other debtors 4,082 10,721
29,252 10,943
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,259 10,374
Bank loans and overdrafts 5,469 5,495
Amounts owed to group undertakings 2,515 3,703
Other creditors 139,725 124,005
Taxation and social security 21,003 18,292
172,971 161,869
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 24,792 30,234
Page 4