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REGISTERED NUMBER: 01547976 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

C H (Guildford) Properties Limited

C H (Guildford) Properties Limited (Registered number: 01547976)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C H (Guildford) Properties Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs R Faiman
P Faiman





SECRETARY: Mrs R Faiman





REGISTERED OFFICE: Salisbury House
London
EC2M 5SQ





REGISTERED NUMBER: 01547976 (England and Wales)





ACCOUNTANTS: Pawley & Malyon
Salisbury House
London
EC2M 5SQ

C H (Guildford) Properties Limited (Registered number: 01547976)

Balance Sheet
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,750,000 2,250,000

CURRENT ASSETS
Debtors 5 95,888 34,000
Cash at bank 1,020,620 453,986
1,116,508 487,986
CREDITORS
Amounts falling due within one year 6 531,049 114,724
NET CURRENT ASSETS 585,459 373,262
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,335,459

2,623,262

CREDITORS
Amounts falling due after more than
one year

7

(143,266

)

(143,266

)

PROVISIONS FOR LIABILITIES - (18,507 )
NET ASSETS 2,192,193 2,461,489

C H (Guildford) Properties Limited (Registered number: 01547976)

Balance Sheet - continued
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 - 1,583,081
Non distributable reserves 1,211,642 -
Retained earnings 980,451 878,308
2,192,193 2,461,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by:





Mrs R Faiman - Director


C H (Guildford) Properties Limited (Registered number: 01547976)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. Statutory information

C H (Guildford) Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

C H (Guildford) Properties Limited (Registered number: 01547976)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


4. Investment property
Total
£   
Fair value
At 1 April 2022 2,250,000
Revaluations (500,000 )
At 31 March 2023 1,750,000
Net book value
At 31 March 2023 1,750,000
At 31 March 2022 2,250,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2008 4,385,149
Valuation in 2011 (2,500,000 )
Valuation in 2012 (250,000 )
Valuation in 2017 250,000
Valuation in 2020 (250,000 )
Valuation in 2023 (500,000 )
Cost 614,851
1,750,000

5. Debtors: amounts falling due within one year
31/3/23 31/3/22
£    £   
Trade debtors 19,395 34,000
Other debtors 76,493 -
95,888 34,000

6. Creditors: amounts falling due within one year
31/3/23 31/3/22
£    £   
Trade creditors 4,529 4,529
Taxation and social security 48,001 21,901
Other creditors 478,519 88,294
531,049 114,724

C H (Guildford) Properties Limited (Registered number: 01547976)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


7. Creditors: amounts falling due after more than one year
31/3/23 31/3/22
£    £   
Other creditors 143,266 143,266

8. Reserves
Revaluation
reserve
£   
At 1 April 2022 1,583,081
Transfer (1,583,081 )

At 31 March 2023 -

9. Related party disclosures

At the balance sheet date House of Faiman Investments Limited, a company under common control, was owed by the company £406,117 (2022: £16,117).

At the balance sheet date the company owed the directors £143,266 (2022:£143,266).