| CEDARTREE VENTURES LIMITED |
| Registered number: |
04644746 |
| Balance Sheet |
| as at 31 January 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
5,360 |
|
|
6,700 |
|
| Current assets |
| Stocks |
|
|
2,750 |
|
|
3,125 |
| Cash at bank and in hand |
|
|
34,991 |
|
|
16,981 |
|
|
|
37,741 |
|
|
20,106 |
|
| Creditors: amounts falling due within one year |
3 |
|
(25,043) |
|
|
(29,667) |
|
| Net current assets/(liabilities) |
|
|
|
12,698 |
|
|
(9,561) |
|
| Total assets less current liabilities |
|
|
|
18,058 |
|
|
(2,861) |
|
| Creditors: amounts falling due after more than one year |
4 |
|
|
(12,500) |
|
|
(12,500) |
|
|
|
| Net assets/(liabilities) |
|
|
|
5,558 |
|
|
(15,361) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
5,458 |
|
|
(15,461) |
|
| Shareholders' funds |
|
|
|
5,558 |
|
|
(15,361) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| J. Allotey |
| Director |
| Approved by the board on 12 October 2017 |
|
| CEDARTREE VENTURES LIMITED |
| Notes to the Accounts |
| for the year ended 31 January 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 February 2016 |
113,490 |
|
19,389 |
|
132,879 |
|
At 31 January 2017 |
113,490 |
|
19,389 |
|
132,879 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2016 |
107,488 |
|
18,691 |
|
126,179 |
|
Charge for the year |
1,200 |
|
140 |
|
1,340 |
|
At 31 January 2017 |
108,688 |
|
18,831 |
|
127,519 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2017 |
4,802 |
|
558 |
|
5,360 |
|
At 31 January 2016 |
6,002 |
|
698 |
|
6,700 |
|
|
|
|
|
|
|
|
|
|
|
[For revalued assets, state the years in which the assets were valued and their values. For assets revalued during the reporting period, state the names of the persons who revalued them or particulars of their qualifications for doing so and the bases of valuation used by them.] |
|
|
| 3 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Non-equity preference shares |
6,569 |
|
15,874 |
|
Bank loans and overdrafts |
- |
|
307 |
|
Trade creditors |
1,875 |
|
1,976 |
|
Corporation tax |
6,870 |
|
2,700 |
|
Other taxes and social security costs |
9,729 |
|
8,810 |
|
|
|
|
|
|
25,043 |
|
29,667 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due after one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Other creditors |
12,500 |
|
12,500 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
CEDARTREE VENTURES LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
23 Nesta Road |
|
Woodford Green |
|
Essex |
|
IG8 9RG |
