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Company Registration No. 13806902 (England and Wales)
CHARLTON BLAIR (HOMES) LIMITED Unaudited accounts for the period from 17 December 2021 to 31 March 2023
CHARLTON BLAIR (HOMES) LIMITED Unaudited accounts Contents
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CHARLTON BLAIR (HOMES) LIMITED Company Information for the period from 17 December 2021 to 31 March 2023
Directors
A Blair T Blair
Company Number
13806902 (England and Wales)
Registered Office
8 Winchester Drive South West Industrial Estate Peterlee Co Durham SR8 2JD
Accountants
MALLON:TAX PO Box 238 Houghton le Spring Co Durham DH4 9ES
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CHARLTON BLAIR (HOMES) LIMITED Statement of financial position as at 31 March 2023
2023 
Notes
£ 
Fixed assets
Investment property
634,897 
Current assets
Debtors
5,400 
Cash at bank and in hand
23,793 
29,193 
Creditors: amounts falling due within one year
(182,781)
Net current liabilities
(153,588)
Total assets less current liabilities
481,309 
Creditors: amounts falling due after more than one year
(485,209)
Net liabilities
(3,900)
Capital and reserves
Called up share capital
1 
Profit and loss account
(3,901)
Shareholders' funds
(3,900)
For the period ending 31 March 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2023 and were signed on its behalf by
A Blair Director Company Registration No. 13806902
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CHARLTON BLAIR (HOMES) LIMITED Notes to the Accounts for the period from 17 December 2021 to 31 March 2023
1
Statutory information
CHARLTON BLAIR (HOMES) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13806902. The registered office is 8 Winchester Drive, South West Industrial Estate, Peterlee, Co Durham, SR8 2JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Going concern
The company's Balance Sheet reveals that its liabilities are greater than its assets at 31 March 2023. The directors have confirmed that the company has the continued financial support of its parent company Charlton Blair Limited. Accordingly the preparation of these accounts on a going concern basis is considered appropriate.
4
Investment property
2023 
£ 
Additions
634,897 
At 31 March 2023
634,897 
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CHARLTON BLAIR (HOMES) LIMITED Notes to the Accounts for the period from 17 December 2021 to 31 March 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Accrued income and prepayments
5,400 
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
1,055 
Trade creditors
1,526 
Amounts owed to group undertakings and other participating interests
135,689 
Other creditors
40,000 
Accruals
840 
Deferred income
3,671 
182,781 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
485,209 
Aggregate of amounts that fall due for payment after five years
485,209 
The loans are secured by charges against the company's investment properties.
8
Transactions with related parties
The company has borrowed amounts from its immediate parent company, Charlton Blair Limited. At 31 March 2023, the amount due to Charlton Blair Limited was £135,689. The company has also borrowed sums from a company, Pasta (UK) Limited which is controlled by the same individuals as control Charlton Blair Limited. At 31 March 2023 the amount due to Pasta (UK) Limited was £40,000.
9
Controlling party
The company is controlled by Charlton Blair Limited, 8 Winchester Drive, South West Industrial Estate, Peterlee, SR8 2JD
10
Average number of employees
During the period the average number of employees was 2.
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