CEDARMOUNT PROPERTIES LIMITED

CEDARMOUNT PROPERTIES LIMITED

CEDARMOUNT PROPERTIES LIMITED - Company Information

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CEDARMOUNT PROPERTIES LIMITED

Company Registration Number:
NI044317 (Northern Ireland)

Unaudited abridged accounts for the year ended 29 October 2022

Period of accounts

Start date: 31 October 2021

End date: 29 October 2022

CEDARMOUNT PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 29 October 2022

Balance sheet
Notes

CEDARMOUNT PROPERTIES LIMITED

Balance sheet

As at 29 October 2022


Notes
2022
2021


£
£
Current assets
Creditors: amounts falling due within one year:   (311,770) (311,770)
Net current assets (liabilities): (311,770) (311,770)
Total assets less current liabilities: (311,770) (311,770)
Total net assets (liabilities): (311,770) (311,770)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (311,771) (311,771)
Shareholders funds: (311,770) (311,770)

The notes form part of these financial statements

CEDARMOUNT PROPERTIES LIMITED

Balance sheet statements

For the year ending 29 October 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 October 2023
and signed on behalf of the board by:

Name: Mr J A Gracey
Status: Director

The notes form part of these financial statements

CEDARMOUNT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Valuation and information policy

Judgements and key sources of estimation uncertaintyThe preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Other accounting policies

Basis of preparationThe financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future having adequate funds to meet their obligations as they fall due. The validity of this assumption depends on:i) the continued support of the company's bankers;ii) the continued support of the company's shareholders;In light of current residential property market conditions and associated funding issues, the directors have reviewed the company's activities and are of the opinion that the company will remain viable over the medium term and that any additional funding requirement which may arise, will be adequately addressed. Consequently, they are satisfied that it is appropriate for the financial statements to be prepared on a going concern basis at this time.

CEDARMOUNT PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

2. Employees

2022 2021
Average number of employees during the period 0 0