REGISTERED NUMBER: 14284264 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

CEDARBARN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K A Avison

A G Avison

SECRETARY:

M E Avison

REGISTERED OFFICE:

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

REGISTERED NUMBER:

14284264 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Intangible assets

4

110,600

126,400

Tangible assets

5

968,666

982,444

1,079,266

1,108,844

CURRENT ASSETS

Stocks

47,562

55,979

Debtors

6

6,257

1,478

Cash at bank and in hand

4,719

3,429

58,538

60,886

CREDITORS

Amounts falling due within one year

7

571,231

603,896

NET CURRENT LIABILITIES

(512,693

)

(543,010

)

TOTAL ASSETS LESS CURRENT LIABILITIES

566,573

565,834

CREDITORS

Amounts falling due after more than one year

8

(501,679

)

(528,775

)

PROVISIONS FOR LIABILITIES

(37,322

)

(36,476

)

NET ASSETS

27,572

583

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

27,472

483

SHAREHOLDERS' FUNDS

27,572

583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

K A Avison - Director

A G Avison - Director

1.	STATUTORY INFORMATION

Cedarbarn 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 derives from farm shop retail and hospitality sales and is recognised on the exchange of goods and services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

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.

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.

Freehold property

-

2% on cost

Improvements to property

-

20% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the statement of income and retained earnings over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the statement of income and retained earnings over the period to which they relate.

Pension costs and other post-retirement benefits

The company has implemented auto-enrolment pension in respect of all employees. Contributions are charged to the statement of income and retained earnings in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2025 - 51 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

158,000

AMORTISATION

At 1 April 2025

31,600

Charge for year

15,800

At 31 March 2026

47,400

NET BOOK VALUE

At 31 March 2026

110,600

At 31 March 2025

126,400

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

848,544

238,394

1,086,938

Additions

-

40,104

40,104

At 31 March 2026

848,544

278,498

1,127,042

DEPRECIATION

At 1 April 2025

3,743

100,751

104,494

Charge for year

16,971

36,911

53,882

At 31 March 2026

20,714

137,662

158,376

NET BOOK VALUE

At 31 March 2026

827,830

140,836

968,666

At 31 March 2025

844,801

137,643

982,444

The net book value of tangible fixed assets includes £ 22,978 (2025 - £ 28,976 ) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

2,447

1,478

Other debtors

3,810

-

6,257

1,478

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

253,315

230,409

Hire purchase contracts

11,601

13,376

Trade creditors

188,712

188,588

Taxation and social security

60,072

64,433

Other creditors

57,531

107,090

571,231

603,896

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

492,342

507,742

Hire purchase contracts

9,337

21,033

501,679

528,775

31.3.26

31.3.25

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

214,135

215,742

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank overdrafts

197,674

157,409

Bank loans

547,983

580,742

Hire purchase contracts

20,938

34,409

766,595

772,560

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

45

A

£1

45

45

45

B

£1

45

45

10

C

£1

10

10

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

K A Avison and A G Avison

Balance outstanding at start of year

-

124,597

Amounts repaid

-

(124,597

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-