REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 5 April 2021 |
|
for |
|
Cherry Tree Lodge Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements for the Year Ended 5 April 2021 |
|
for |
|
Cherry Tree Lodge Limited |
Cherry Tree Lodge Limited (Registered number: 01931055) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 5 April 2021 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Cherry Tree Lodge Limited |
|
Company Information |
for the Year Ended 5 April 2021 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Suite 1, 5th Floor |
31-32 Park Row |
Leeds |
West Yorkshire |
LS1 5JD |
Cherry Tree Lodge Limited (Registered number: 01931055) |
|
Balance Sheet |
5 April 2021 |
|
5.4.21 | 5.4.20 |
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 |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
7 |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Revaluation reserve | 9 |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The director acknowledges her 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. |
Cherry Tree Lodge Limited (Registered number: 01931055) |
|
Balance Sheet - continued |
5 April 2021 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the director and authorised for issue on
|
|
|
|
|
|
|
|
Cherry Tree Lodge Limited (Registered number: 01931055) |
|
Notes to the Financial Statements |
for the Year Ended 5 April 2021 |
|
1. | STATUTORY INFORMATION |
|
Cherry Tree Lodge Limited is a
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
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 |
|
Plant and machinery etc | - |
|
|
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. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
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
|
Cherry Tree Lodge Limited (Registered number: 01931055) |
|
Notes to the Financial Statements - continued |
for the Year Ended 5 April 2021 |
|
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | and | Motor | Computer |
property | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 6 April 2020 |
|
|
|
|
|
Additions |
|
|
|
|
|
At 5 April 2021 |
|
|
|
|
|
DEPRECIATION |
At 6 April 2020 |
|
|
|
|
|
Charge for year |
|
|
|
|
|
At 5 April 2021 |
|
|
|
|
|
NET BOOK VALUE |
At 5 April 2021 |
|
|
|
|
|
At 5 April 2020 |
|
|
|
|
|
|
5. | DEBTORS |
5.4.21 | 5.4.20 |
£ | £ |
Amounts falling due within one year: |
Other debtors |
|
|
Directors' loan accounts |
|
|
Deferred tax asset |
|
|
|
|
|
Amounts falling due after more than one year: |
Amounts owed by participating interests |
|
|
|
Aggregate amounts |
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
5.4.21 | 5.4.20 |
£ | £ |
Bank loans and overdrafts |
|
|
Hire purchase contracts |
|
|
Trade creditors |
|
|
Bad Debt Provision | - | 30,000 |
Tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
Pension |
|
|
Directors' loan accounts | - | 9,655 |
Accrued expenses |
|
|
|
|
Cherry Tree Lodge Limited (Registered number: 01931055) |
|
Notes to the Financial Statements - continued |
for the Year Ended 5 April 2021 |
|
7. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
5.4.21 | 5.4.20 |
£ | £ |
Bank loans more 5 yr by instal |
|
|
Hire purchase contracts |
|
|
Other creditors |
|
|
|
|
|
Amounts falling due in more than five years: |
|
Repayable by instalments |
Bank loans more 5 yr by instal |
|
|
|
8. | DEFERRED TAX |
£ |
Balance at 6 April 2020 | ( |
) |
Credit to Income Statement during year | ( |
) |
Balance at 5 April 2021 | ( |
) |
|
9. | RESERVES |
Revaluation |
reserve |
£ |
At 6 April 2020 |
and 5 April 2021 |
|
|
10. | COVID-19 |
|
In response to the coronavirus pandemic, the company has received a BounceBack Loan, to help with cashflow whilst the business had to invest more money into PPE for staff & residents. |
|
11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to a director subsisted during the years ended 5 April 2021 and 5 April 2020: |
|
5.4.21 | 5.4.20 |
£ | £ |
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid |
|
|
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
|
|
|
12. | RELATED PARTY DISCLOSURES |
|
Amount due from Related Party Cherry Tree Lodge Holdings Limited as at the balance sheet date 05 April 2021 was £314,885.66 (2020 - £299,787.66). |