Cherry & Whites Property Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09884546 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Cherry & Whites Property Services Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A A Lowe

REGISTERED OFFICE:

Zoons House

Larkhay Road

Hucclecote

Gloucester

Gloucestershire

GL3 3NE

REGISTERED NUMBER:

09884546 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Lloyds Bank

19 Eastgate Street

Gloucester

Gloucestershire

GL1 1NU

FIXED ASSETS

Tangible assets

4

8,637

12,676

Investment property

5

240,000

248,637

252,676

CURRENT ASSETS

Debtors

6

1,882

1,869

Cash at bank

5,804

2,323

7,686

4,192

CREDITORS

Amounts falling due within one year

7

148,737

154,980

NET CURRENT LIABILITIES

(141,051

)

(150,788

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

107,586

101,888

CREDITORS

Amounts falling due after more than one
year

8

-

(500

)

PROVISIONS FOR LIABILITIES

(10,551

)

(10,551

)

NET ASSETS

97,035

90,837

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

40,916

Retained earnings

56,019

49,821

SHAREHOLDERS' FUNDS

97,035

90,837

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 10 July 2026 and were signed by:

A A Lowe - Director

1.	STATUTORY INFORMATION

Cherry & Whites Property Services Ltd 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.

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 reducing balance

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

Despite net current liabilities of £141,051 at 30 November 2025 (2024 - £150,788), the financial statements have been prepared on a going concern basis. The director has reviewed the future cash flows of the business and has expressed his intention to financially support the company for the foreseeable future, deeming the going concern basis of preparation to be appropriate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

Cost

At 1 December 2024

23,600

588

24,188

Additions

240

-

240

At 30 November 2025

23,840

588

24,428

Depreciation

At 1 December 2024

11,276

236

11,512

Charge for year

4,191

88

4,279

At 30 November 2025

15,467

324

15,791

Net book value

At 30 November 2025

8,373

264

8,637

At 30 November 2024

12,324

352

12,676

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 December 2024

and 30 November 2025

240,000

Net book value

At 30 November 2025

240,000

At 30 November 2024

240,000

If Investment Property had not been revalued it would have been included at the historical cost of £188,534 (2024 - £188,534).

The director has reviewed the current market and made enquires with local property agents. Based on this review, he considers that the fair value of Investment Property has not increased during the year.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

Other debtors

1,882

1,869

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

Bank loans and overdrafts

500

1,000

Taxation and social security

2,530

1,551

Other creditors

145,707

152,429

148,737

154,980

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30/11/25

30/11/24

£

Bank loans

-

500

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30/11/25

30/11/24

£

Within one year

-

1,200

10.	RELATED PARTY DISCLOSURES

A A Lowe

Director

Included in other creditors at 30 November 2025 is a loan balance of £136,979 (2024 - £147,471) due to the director. The loan is interest free and has no fixed repayment terms.