CHALONER ENGINEERING LTD

Company Registration Number:
02844556 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

CHALONER ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CHALONER ENGINEERING LTD

Company Information

for the Period Ended 31 August 2023




Director: The Honourable RTL Chaloner
Registered office: Gisborough House
Gisborough House
Guisborough
England
TS14 6PT
Company Registration Number: 02844556 (England and Wales)

CHALONER ENGINEERING LTD

Directors' Report Period Ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Additional information

For the year ended 31st of August 2023 The director presents his report with the financial statements of the company for the year ended 31st of August 2023 Director Honourable RTL Chaloner held office during the whole period from 1 September 2022 to the date of this report. This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Directors

The directors shown below have held office during the whole of the period from 01 September 2022 to 31 August 2023
The Honourable RTL Chaloner

This report was approved by the board of directors on 5 April 2024
And Signed On Behalf Of The Board By:

Name: The Honourable RTL Chaloner
Status: Director

CHALONER ENGINEERING LTD

Profit and Loss Account

for the Period Ended 31 August 2023


Notes

2023
£

2022
£
Gross turnover (not including turnover from inside OPW engagements) 6 0
Gross turnover from inside OPW engagements 58,432 49,506
Cost of sales ( 58,432 ) ( 49,506 )
Deductions from gross turnover from inside OPW engagements ( 0 ) ( 0 )
Gross Profit or (Loss) 6 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 415 ) ( 1,094 )
Operating Profit or (Loss) ( 409 ) ( 1,094 )
Profit or (Loss) Before Tax ( 409 ) ( 1,094 )
Tax on Profit ( 78 ) ( 128 )
Profit or (Loss) for Period ( 487 ) ( 1,222 )

The notes form part of these financial statements

CHALONER ENGINEERING LTD

Balance sheet

As at 31 August 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,206 1,608
Total fixed assets: 1,206 1,608
Current assets
Stocks: 0 0
Debtors: 4,472 3,673
Cash at bank and in hand: 26,345 11,329
Total current assets: 30,817 15,002
Creditors: amounts falling due within one year: ( 29,795 ) ( 9,493 )
Net current assets (liabilities): 1,022 5,509
Total assets less current liabilities: 2,228 7,117
Provision for liabilities: ( 100 ) ( 306 )
Total net assets (liabilities): 2,128 6,811

The notes form part of these financial statements

CHALONER ENGINEERING LTD

Balance sheet continued

As at 31 August 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 2,126 6,809
Shareholders funds: 2,128 6,811

For the year ending 31 August 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 5 April 2024
And Signed On Behalf Of The Board By:

Name: The Honourable RTL Chaloner
Status: Director

The notes form part of these financial statements

CHALONER ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
    Computer equipment - 25% on reducing balance

    Other accounting policies

    Turnover Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Taxation Taxation for the year comprises current and deferred tax. Tax is recognized in the Income Statement, except to the extent that it relates to items recognized in other comprehensive income or directly in equity. Current or deferred taxation access and liabilities are not discounted. Current tax is recognized at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by balance sheet date. Deferred tax Deferred taxes 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 recognized 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 recognized 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.

CHALONER ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

CHALONER ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 3. Off balance sheet disclosure

    No

CHALONER ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Tangible Assets

Total
Cost £
At 01 September 2022 18,974
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 August 2023 18,974
Depreciation
At 01 September 2022 17,366
Charge for year 402
On disposals (0)
Other adjustments 0
At 31 August 2023 17,768
Net book value
At 31 August 2023 1,206
At 31 August 2022 1,608