CEDAR DEAN COMMERCIAL LIMITED - Filleted accounts

Registered number

07687144

CEDAR DEAN COMMERCIAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

PAGES FOR FILING WITH REGISTRAR

CEDAR DEAN COMMERCIAL LIMITED

CONTENTS



Page

Balance sheet	1 - 2

Notes to the financial statements	3 - 7

CEDAR DEAN COMMERCIAL LIMITED

Balance Sheet

as at 31 March 2025
Company Registration No.	07687144



Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		5,731			11,795
Investments	4		41,489			41,489
			47,220			53,284

Current assets
Debtors	5	275,977			462,290
Cash at bank and in hand		827,329			377,923
		1,103,306			840,213

Creditors: amounts falling due within one year	6	(891,651)			(638,219)

Net current assets			211,655			201,994

Total assets less current liabilities			258,875			255,278

Creditors: amounts falling due after more than one year	7		(27,297)			(61,530)



Net assets			231,578			193,748

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			230,578			192,748

Shareholders' funds			231,578			193,748


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an 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 Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies' regime. The profit and loss account has not been delivered to the Registrar of Companies.



…………………………………..
David Samuel Abramson
Director

Approved by the board on 31 December 2025

CEDAR DEAN COMMERCIAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD FROM 1 OCTOBER 2024 TO 31 MARCH 2025



1	Accounting policies

	Basis of preparation
	These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to the small companies regime. The disclosure requirements of section 1A have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical convention. The principal accounting policies adopted are set out below.

	Going concern
	The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over the lease term
	Fixtures, fittings and equipment			20% straight line
	Motor vehicles			20% straight line

	Fixed asset Investments
	Interest in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit and loss. An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest where the company has significant influence. The company considers that it has significant influence where it has the power to participate the financial and operating decisions of the associate.

	Financial instruments
	The company only enters into basic financial statements transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Financial instruments are recognised in the company's balance sheet date when the company becomes party to the contractual provisions of the instruments. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective of impairments found, an impairment loss is recognised in profit and loss accounts. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

	Basic financial assets
	Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transactions costs, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried amortised cost using effective interest method, less any impairment.

	Derecognition of financial assets
	Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

	Basic financial liabilities
	Basic financial liabilities, including creditors, bank loans, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using effective interest method. Financial liabilities classified as payable within one year are not amortised.

	Derecognition of financial liabilities
	Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

	Cash and cash equivalents
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with financial institutions, and other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

	Taxation
	The tax expense represents the sum of the tax currently payable and deferred tax.

	Current tax
	The current tax payable is based on taxable profit for the year. Taxable profit differs from net profit reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

	Deferred tax
	Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future profits. Such assets and liabilities are not recognised if the timing differences arises from goodwill or from the initial recognition of the assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. The carrying amount of deferred tax assets is reviewed at each reporting end date. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the assets is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities relate to taxes levied by the same tax authority.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Retirement benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		8


3	Tangible fixed assets
		Land and buildings		Fixtures, fittings and equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2024	29,196		93,533		19,358		142,087
	At 31 March 2025	29,196		93,533		19,358		142,087

	Depreciation
	At 1 October 2024	29,196		86,842		14,254		130,292
	Charge for the period	-		4,788		1,276		6,064
	At 31 March 2025	29,196		91,630		15,530		136,356

	Net book value
	At 31 March 2025	-		1,903		3,828		5,731
	At 30 September 2024	-		6,691		5,104		11,795




4	Investments

Other
investments
£
	Cost
	At 1 October 2024							41,489

	At 31 March 2025							41,489


5	Debtors					2025		2024
£							£

	Trade debtors					252,105		226,825
	Prepayments and accrued income					1,553		1,850
	Other debtors					22,319		233,615
						275,977		462,290


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					70,297		71,526
	Trade creditors					14,214		31,656
	Directors' current account					224,336		107,112
	Corporation tax					150,306		153,499
	Other taxes and social security costs					191,344		151,427
	Other creditors					241,154		122,999
						891,651		638,219


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					27,297		61,530


8	Related party transactions

	On 1 August 2024, the company was transferred to an Employee Ownership Trust, which now holds 94% of the issued share capital. The Employee Ownership Trust is governed by independent trustees.
	Cedar Dean Commercial Limited contributed a total of £306,200 (2024 - £1,532,255) to an Employee Ownership Trust by way of a gratuitous gift. For accounting purposes this is treated as a distribution with the sums paid reducing the company's profits available for distribution

9	Other information

	Cedar Dean Commercial Limited is a private company limited by shares and incorporated in England and Wales. The registered office is: 12 Russell Parade, Golders Green Road, London, NW11 9NN.