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REGISTERED NUMBER: 06530068 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

S P A Chaplin Limited

S P A Chaplin Limited (Registered number: 06530068)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S P A Chaplin Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: S P Chaplin
P C Dawkins





REGISTERED OFFICE: Church Cottage
The Street
Matlaske
Norwich
England
NR117AQ





REGISTERED NUMBER: 06530068 (England and Wales)

S P A Chaplin Limited (Registered number: 06530068)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,437 16,003
Investment property 5 387,037 387,037
404,474 403,040

CURRENT ASSETS
Cash at bank 13,619 20,931

CREDITORS
Amounts falling due within one year 6 177,747 165,810
NET CURRENT LIABILITIES (164,128 ) (144,879 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,346

258,161

CREDITORS
Amounts falling due after more than one
year

7

(3,320

)

(4,919

)

PROVISIONS FOR LIABILITIES - (1,638 )
NET ASSETS 237,026 251,604

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 237,025 251,603
SHAREHOLDERS' FUNDS 237,026 251,604

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

S P A Chaplin Limited (Registered number: 06530068)

Balance Sheet - continued
31 May 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by:





S P Chaplin - Director


S P A Chaplin Limited (Registered number: 06530068)

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

1. STATUTORY INFORMATION

S P A Chaplin 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.

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

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.

Turnover
Turnover represents the income received from the rental property held within the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 June 2022 33,254 1,000 34,254
Additions 3,352 705 4,057
At 31 May 2023 36,606 1,705 38,311
DEPRECIATION
At 1 June 2022 17,567 684 18,251
Charge for year 2,530 93 2,623
At 31 May 2023 20,097 777 20,874
NET BOOK VALUE
At 31 May 2023 16,509 928 17,437
At 31 May 2022 15,687 316 16,003

S P A Chaplin Limited (Registered number: 06530068)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 387,037
NET BOOK VALUE
At 31 May 2023 387,037
At 31 May 2022 387,037

The directors believe that there has been no material change to the valuation of the investment property in the year.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,599 1,560
Other creditors 176,148 164,250
177,747 165,810

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 3,320 4,919