Cedarsoak Ltd - Accounts to registrar (filleted) - small 18.2

CEDARSOAK LTD

Financial Statements

for the Year Ended 31 December 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

J N Mendelsohn

S Polak

Registered office:

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Registered number:

09325933 (England and Wales)

Accountants:

Haines Watts

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

87

109

Current assets

Cash at bank

16,682

61

Creditors

Amounts falling due within one year

5

12,991

38,599

Net current assets/(liabilities)

3,691

(38,538

)

Total assets less current liabilities

3,778

(38,429

)

Reserves

Retained earnings

3,778

(38,429

)

3,778

(38,429

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2020 and were signed on its behalf by:

J N Mendelsohn - Director

1.	Statutory information

Cedarsoak Ltd is a private company, limited by guarantee , 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and 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.

Taxation

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2018 - NIL ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2019

and 31 December 2019

214

Depreciation

At 1 January 2019

105

Charge for year

22

At 31 December 2019

127

Net book value

At 31 December 2019

87

At 31 December 2018

109

5.

Creditors: amounts falling due within one year

2019

2018

£

£

Trade creditors

1,272

1,272

Other creditors

11,719

37,327

12,991

38,599