Cedar Estates Limited - Accounts to registrar (filleted) - small 23.1.2
Cedar Estates Limited - Accounts to registrar (filleted) - small 23.1.2
REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 September 2022 |
for |
CEDAR ESTATES LIMITED |
CEDAR ESTATES LIMITED (REGISTERED NUMBER: 01790975) |
Contents of the Financial Statements |
for the Year Ended 30 September 2022 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
CEDAR ESTATES LIMITED |
Company Information |
for the Year Ended 30 September 2022 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditor |
Chartered Accountants |
Global House |
1 Ashley Avenue |
Epsom |
Surrey |
KT18 5AD |
CEDAR ESTATES LIMITED (REGISTERED NUMBER: 01790975) |
Statement of Financial Position |
30 September 2022 |
30.9.22 | 30.9.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
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 |
CEDAR ESTATES LIMITED (REGISTERED NUMBER: 01790975) |
Notes to the Financial Statements |
for the Year Ended 30 September 2022 |
1. | STATUTORY INFORMATION |
Cedar Estates Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
In the process of applying its accounting policies, the company is required to make certain estimates, judgements and assumptions that it believes are reasonable based on the information available. These judgements, estimates and assumptions affect the amounts of assets and liabilities at the date of the financial statements and the amounts of revenues and expenses recognised during the reporting periods presented. On an ongoing basis, the company evaluates its estimates using historical experience, consultation with experts and other methods considered reasonable in the particular circumstances. Actual results may differ significantly from the estimates, the effect of which is recognised in the period in which the facts that give rise to the revision become known. |
Turnover |
Turnover represents amounts receivable from ground rents and rental income. It is recognised in the period for which it has been invoiced. |
Tangible fixed assets |
Depreciation has not been provided on the long leasehold property on the grounds of immateriality, due to a long useful economic life and a high residual value. |
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 statement of financial position date. |
Cash and cash equivalents |
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
CEDAR ESTATES LIMITED (REGISTERED NUMBER: 01790975) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2022 |
4. | TANGIBLE FIXED ASSETS |
Long |
leasehold |
£ |
COST |
At 1 October 2021 |
Disposals | ( |
) |
At 30 September 2022 |
NET BOOK VALUE |
At 30 September 2022 |
At 30 September 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.22 | 30.9.21 |
£ | £ |
Trade debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.22 | 30.9.21 |
£ | £ |
Due to related company | 32,040 | 3,520 |
Taxation and social security |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.22 | 30.9.21 |
value: | £ | £ |
Ordinary | £1 | 89 | 88 |
1 Ordinary share of £1 was allotted and fully paid for |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 October 2021 |
Profit for the year |
Transfer to CETK reserve fund | (30,000 | ) |
At 30 September 2022 |
CEDAR ESTATES LIMITED (REGISTERED NUMBER: 01790975) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2022 |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | RELATED PARTY DISCLOSURES |
At 30 September 2022 the company has a creditor of £32,040 (2021 - £3,520) due to Cedar Estate Tenants (Kensington) Limited, a related company which has the same directors and majority shareholders. |