Cedar Hereford Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09591759 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2018

for

Cedar Hereford Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Directors:

D J Campion

Mrs A M Campion

Mrs V A Thomas

S J Thomas

Registered office:

Ringfield

Fownhope

Hereford

Herefordshire

HR1 4PJ

Registered number:

09591759 (England and Wales)

Accountants:

Acre Accountancy Limited

Unit 2 Foley Works

Foley Industrial Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

4

386,966

386,966

CURRENT ASSETS

Debtors

369

1,113

Cash at bank

12,673

10,391

13,042

11,504

CREDITORS

Amounts falling due within one year

(155,205

)

(154,922

)

NET CURRENT LIABILITIES

(142,163

)

(143,418

)

TOTAL ASSETS LESS CURRENT LIABILITIES

244,803

243,548

CREDITORS

Amounts falling due after more than one year

5

(279,927

)

(280,000

)

NET LIABILITIES

(35,124

)

(36,452

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(35,224

)

(36,552

)

SHAREHOLDERS' FUNDS

(35,124

)

(36,452

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 18 February 2019 and were signed on its behalf by:

D J Campion - Director

Mrs V A Thomas - Director

1.	STATUTORY INFORMATION

Cedar Hereford 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement.

They are classified as financial assets, financial liabilities or equity instruments. An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

Cost

At 1 June 2017

and 31 May 2018

386,966

Net book value

At 31 May 2018

386,966

At 31 May 2017

386,966

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2018

2017

£

£

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

279,927

280,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Bank loans

279,927

280,000

The loan from Cambridge & Counties Bank is secured on Cedar Guest House Limited, 123 Whitecross Road,

Hereford, Herefordshire HR4 0LS.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

1

100

100