Cherry Pie Property Ltd
Cherry Pie Property Ltd
Registered number: 13760826
Directors' Report and
Unaudited Financial Statements
For the Period
23 November 2021
to
30 November 2022
Mercian Accountants Ltd
Cherry Pie Property Ltd
Directors' Report and Unaudited Financial Statements
For the Period
23 November 2021
to
30 November 2022
Directors' Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—7 |
Cherry Pie Property Ltd
Company Information
For the Period
23 November 2021
to
30 November 2022
Company Information
| Directors |
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| Company Number |
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| Registered Office | Unit 35 Rural Enterprise Centre |
| Stafford Drive | |
| Shrewsbury | |
| SY1 3FE | |
| Accountants |
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| Stafford Drive | |
| Shrewsbury | |
| Shropshire | |
| SY1 3FE | |
Cherry Pie Property Ltd
Company No. 13760826
Directors' Report For the Period
23 November 2021
to
30 November 2022
Directors' Report
The directors present their report and the financial statements for the period ended
30 November 2022
.
Directors
The directors who held office during the period were as follows:
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Appointed |
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Appointed |
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Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
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Director
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Cherry Pie Property Ltd
Accountant's Report
For the Period
23 November 2021
to
30 November 2022
Accountant's Report
In accordance with the engagement letter dated 17 January 2022, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at period ended
30 November 2022
your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
| Signed |
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35 Rural Enterprise Centre
Stafford Drive
Shrewsbury
Shropshire
SY1 3FE
Cherry Pie Property Ltd
Profit and Loss Account
For the Period
23 November 2021
to
30 November 2022
Profit and Loss Account
| 30 November 2022 | ||
|---|---|---|
| Notes | £ | |
| Administrative expenses |
( |
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| OPERATING LOSS AND LOSS FOR THE FINANCIAL PERIOD |
( |
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The notes on pages 6 to 7 form part of these financial statements.
Cherry Pie Property Ltd
Balance Sheet
As At
30 November 2022
Balance Sheet
| 30 November 2022 | |||
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| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible Assets | 4 |
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| CURRENT ASSETS | |||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 6 |
( |
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| NET LIABILITIES |
( |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 7 |
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| Profit and Loss Account |
( |
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| SHAREHOLDERS' FUNDS | (598) | ||
On behalf of the board
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Director
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The notes on pages 6 to 7 form part of these financial statements.
Cherry Pie Property Ltd
Notes to the Financial Statements
For the Period
23 November 2021
to
30 November 2022
Notes to the Financial Statements
1.
General Information
Cherry Pie Property Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
13760826
. The registered office is Unit 35 Rural Enterprise Centre, Stafford Drive, Shrewsbury, SY1 3FE.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2
4.
Tangible Assets
| Land & Property | |
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| Freehold | |
| £ | |
| Cost | |
| As at
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| Additions |
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| As at
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| Net Book Value | |
| As at
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| As at
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The director determined the fair value of investment property following discussions with estate agents.
Cost or valuation as at
30 November 2022
represented by:
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| At valuation | 276,214 |
| 276,214 | |
5.
Creditors: Amounts Falling Due Within One Year
| 30 November 2022 | |
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| £ | |
| Accruals and deferred income |
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Cherry Pie Property Ltd
Notes to the Financial Statements (continued)
For the Period
23 November 2021
to
30 November 2022
6.
Creditors: Amounts Falling Due After More Than One Year
| 30 November 2022 | |
|---|---|
| £ | |
| Directors loan account |
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