|
|
|
|
|
|
|
|
Cerberus Real Estate Limited
|
|
|
|
|
|
Notes to the financial statements
|
|
|
for the year ended 30 June 2026
|
|
|
|
|
|
|
|
|
1
|
Company information
|
|
|
|
|
|
|
|
|
|
Cerberus Real Estate Limited is a private company registered in England and Wales. Its registered number is 14194823. The company is limited by shares. Its registered office is 122 Elektron Tower, 12 Blackwall Way, London, E14 9GF.
|
|
|
|
|
|
|
|
|
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 historic cost convention.
|
|
|
|
|
|
|
|
|
|
Adoption of the 2024 periodic review
|
|
|
|
Cerberus Real Estate Limited has early adopted the amendments arising from the 2024 periodic review applicable to the standard referenced in the basis of preparation statement.
|
|
|
|
|
|
|
|
These amendments mandate changes to various accounting policies and expand the required disclosures. The amendments are applied retrospectively, in accordance with paragraph 10.12 of the standard, with such exceptions and transitional arrangements as specified in paragraphs 1.40 to 1.68.
|
|
|
|
|
|
|
|
|
|
Going concern
|
|
|
|
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
|
|
|
|
|
|
|
|
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
|
|
|
|
|
|
|
|
|
|
Turnover
|
|
|
|
Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
|
|
|
|
|
|
|
|
Land and buildings:
|
|
|
|
Freehold property
|
-
|
Fair Value Method
|
|
|
|
Plant and machinery etc.:
|
|
|
|
Fixtures & Fittings
|
-
|
33.33% straight line
|
|
|
|
|
|
|
|
|
3
|