REGISTERED NUMBER: 08426899 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Cherry Internet Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Akers-Douglas

REGISTERED OFFICE:

Partridges

Snatts Lane

Uckfield

East Sussex

TN22 2AR

REGISTERED NUMBER:

08426899 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Intangible assets

4

-

36,667

Tangible assets

5

26,121

24,024

26,121

60,691

CURRENT ASSETS

Debtors

6

118,330

115,052

Cash at bank

126,293

161,174

244,623

276,226

CREDITORS

Amounts falling due within one year

7

21,210

47,925

NET CURRENT ASSETS

223,413

228,301

TOTAL ASSETS LESS CURRENT LIABILITIES

249,534

288,992

PROVISIONS FOR LIABILITIES

6,472

5,934

NET ASSETS

243,062

283,058

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

242,962

282,958

SHAREHOLDERS' FUNDS

243,062

283,058

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 18th December 2025 and were signed by:

J Akers-Douglas - Director

1.	STATUTORY INFORMATION

Cherry Internet 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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Other intangibles are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

Computer

intangibles

software

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

151,020

275,000

426,020

AMORTISATION

At 1st April 2024

151,020

238,333

389,353

Amortisation for year

-

36,667

36,667

At 31st March 2025

151,020

275,000

426,020

NET BOOK VALUE

At 31st March 2025

-

-

-

At 31st March 2024

-

36,667

36,667

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

749

102,682

13,327

116,758

Additions

10,973

-

3,324

14,297

At 31st March 2025

11,722

102,682

16,651

131,055

DEPRECIATION

At 1st April 2024

563

80,912

11,259

92,734

Charge for year

2,792

7,256

2,152

12,200

At 31st March 2025

3,355

88,168

13,411

104,934

NET BOOK VALUE

At 31st March 2025

8,367

14,514

3,240

26,121

At 31st March 2024

186

21,770

2,068

24,024

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

77,000

75,000

Other debtors

41,330

40,052

118,330

115,052

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,704

-

Taxation and social security

17,491

43,937

Other creditors

2,015

3,988

21,210

47,925

8.	ULTIMATE CONTROLLING PARTY

The controlling party is J Akers-Douglas.