Cedar Trading International Ltd

Cedar Trading International Ltd
Registered number:		04798606
Statement of Financial Position
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		976			692

Current assets
Stocks		115,384			102,865
Debtors	5	19,757			24,743
Cash at bank and in hand		7,737			18,083
		142,878			145,691

Creditors: amounts falling due within one year	6	(91,361)			(132,431)

Net current assets			51,517			13,260

Total assets less current liabilities			52,493			13,952

Creditors: amounts falling due after more than one year	7		(48,160)			(13,827)



Net assets			4,333			125

Capital and reserves
Called up share capital			100			100
Profit and loss account			4,233			25

Shareholders' funds			4,333			125

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.
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 accounts.
The accounts have been prepared 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.




M Nelson
Director
Approved by the board on 26 November 2025

Cedar Trading International Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

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

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Plant and machinery			25% reducing balance

	Inventories
	Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction 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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.



2	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					4		4


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 March 2024							31,472
	At 28 February 2025							31,472

	Amortisation
	At 1 March 2024							31,472
	At 28 February 2025							31,472

	Net book value
	At 28 February 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 March 2024							5,923
	Additions							609
	At 28 February 2025							6,532

	Depreciation
	At 1 March 2024							5,231
	Charge for the year							325
	At 28 February 2025							5,556

	Net book value
	At 28 February 2025							976
	At 29 February 2024							692




5	Debtors					2025		2024
£							£

	Trade debtors					14,578		16,460
	Prepayments					-		574
	Other debtors					5,179		7,709
						19,757		24,743


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

	Bank loans and overdrafts					42,800		57,545
	Trade creditors					27,823		24,468
	Accruals					1,950		1,855
	Other taxes and social security costs					5,211		18,008
	Other creditors					13,577		30,555
						91,361		132,431


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

	Bank loans					48,160		13,827


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	M Nelson
	Repayable on demand	1,600		863		1,600		863

		1,600		863		1,600		863


9	Other information

	Cedar Trading International Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	269 Farnborough Road
	Farnborough
	Hampshire
	GU14 7LY