CHERRY TREE PROPERTY LTD


Directors	MANSON, Nicholas Patrick
	MANSON, Stephanie Ann, Dr


Registered Address	5 Holly Avenue West
	Newcastle Upon Tyne
	NE2 2AR


Registered Number	09955004 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		3,061		3,613
Investment property	4		1,730,000		1,168,782
			1,733,061		1,172,395
Current assets
Debtors		16,917		698
Cash at bank and on hand		49,809		45,794
		66,726		46,492
Creditors amounts falling due within one year	5	(19,084)		(15,481)
Net current assets (liabilities)			47,642		31,011
Total assets less current liabilities			1,780,703		1,203,406
Creditors amounts falling due after one year	6		(1,263,138)		(1,237,908)
Net assets			517,565		(34,502)
Capital and reserves
Called up share capital			20		20
Profit and loss account			517,545		(34,522)
Shareholders' funds			517,565		(34,502)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 August 2026, and are signed on its behalf by:

MANSON, Nicholas Patrick
Director
Registered Company No. 09955004

CHERRY TREE PROPERTY LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	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.

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	15
	Office Equipment	25

	Investment property
	All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 February 25	7,706	340	8,046
At 31 January 26	7,706	340	8,046
Depreciation and impairment
At 01 February 25	4,236	197	4,433
Charge for year	516	36	552
At 31 January 26	4,752	233	4,985
Net book value
At 31 January 26	2,954	107	3,061
At 31 January 25	3,470	143	3,613

4.	Investment property


		£
	Fair value at 01 February 25	1,168,782
	Fair value adjustments	561,218
	At 31 January 26	1,730,000

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	9,739	6,136
Accrued liabilities and deferred income	9,345	9,345
Total	19,084	15,481


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	174,167	186,833
Other creditors	1,088,971	1,051,075
Total	1,263,138	1,237,908