Silverfin false 31/12/2022 18/03/2022 31/12/2022 Mr J C Clyne 18/03/2022 Mr P A Heather 18/03/2022 29 September 2023 The principal activity of the company during the financial year was property investment. 13987487 2022-12-31 13987487 bus:Director1 2022-12-31 13987487 bus:Director2 2022-12-31 13987487 core:CurrentFinancialInstruments 2022-12-31 13987487 core:Non-currentFinancialInstruments 2022-12-31 13987487 core:ShareCapital 2022-12-31 13987487 core:RetainedEarningsAccumulatedLosses 2022-12-31 13987487 2022-03-17 13987487 bus:OrdinaryShareClass1 2022-12-31 13987487 2022-03-18 2022-12-31 13987487 bus:FullAccounts 2022-03-18 2022-12-31 13987487 bus:SmallEntities 2022-03-18 2022-12-31 13987487 bus:AuditExemptWithAccountantsReport 2022-03-18 2022-12-31 13987487 bus:PrivateLimitedCompanyLtd 2022-03-18 2022-12-31 13987487 bus:Director1 2022-03-18 2022-12-31 13987487 bus:Director2 2022-03-18 2022-12-31 13987487 core:Non-currentFinancialInstruments 2022-03-18 2022-12-31 13987487 bus:OrdinaryShareClass1 2022-03-18 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13987487 (England and Wales)

CHDZ INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial period from 18 March 2022 to 31 December 2022
Pages for filing with the registrar

CHDZ INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial period from 18 March 2022 to 31 December 2022

Contents

CHDZ INVESTMENTS LIMITED

COMPANY INFORMATION

For the financial period from 18 March 2022 to 31 December 2022
CHDZ INVESTMENTS LIMITED

COMPANY INFORMATION (continued)

For the financial period from 18 March 2022 to 31 December 2022
DIRECTORS Mr J C Clyne
Mr P A Heather
REGISTERED OFFICE 12 St. Pauls Road
Newton Abbot
TQ12 2HP
United Kingdom
COMPANY NUMBER 13987487 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
Devon TQ2 7FF
CHDZ INVESTMENTS LIMITED

BALANCE SHEET

As at 31 December 2022
CHDZ INVESTMENTS LIMITED

BALANCE SHEET (continued)

As at 31 December 2022
Note 31.12.2022
£
Fixed assets
Investment property 3 303,992
303,992
Current assets
Debtors 4 1
Cash at bank and in hand 1,551
1,552
Creditors: amounts falling due within one year 5 ( 188,711)
Net current liabilities (187,159)
Total assets less current liabilities 116,833
Creditors: amounts falling due after more than one year 6 ( 119,047)
Net liabilities ( 2,214)
Capital and reserves
Called-up share capital 7 1
Profit and loss account ( 2,215 )
Total shareholder's deficit ( 2,214)

For the financial period ending 31 December 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of CHDZ Investments Limited (registered number: 13987487) were approved and authorised for issue by the Board of Directors on 29 September 2023. They were signed on its behalf by:

Mr J C Clyne
Director
Mr P A Heather
Director
CHDZ INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 18 March 2022 to 31 December 2022
CHDZ INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 18 March 2022 to 31 December 2022
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

CHDZ Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 12 St. Pauls Road, Newton Abbot, TQ12 2HP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

Period from
18.03.2022 to
31.12.2022
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Investment property

Investment property
£
Valuation
As at 18 March 2022 0
Additions 303,992
As at 31 December 2022 303,992

There has been no valuation of investment property by an independent valuer during the year. The directors believes that the market value has not materially changed from that shown at the date of acquisition.

4. Debtors

31.12.2022
£
Amounts owed by Group undertakings 1

5. Creditors: amounts falling due within one year

31.12.2022
£
Bank loans 8,000
Amounts owed to Group undertakings 179,031
Other creditors 1,680
188,711

6. Creditors: amounts falling due after more than one year

31.12.2022
£
Bank loans 119,047

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

31.12.2022
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

On 18 March 2022 the company issued 1 Ordinary £1 share at par.

8. Ultimate controlling party

Parent Company:

Charles Darrow Holdings Limited
12 St Pauls Road
NEWTON ABBOT
Devon
TQ12 2HP