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REGISTERED NUMBER: 02863609 (England and Wales)






CHR Capital Limited

Financial Statements

for the Year Ended 30 June 2023






CHR Capital Limited (Registered number: 02863609)

Contents of the Financial Statements
for the year ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHR Capital Limited

Company Information
for the year ended 30 June 2023







DIRECTORS: Ms J R Fletcher OBE
Mr N Smillie





REGISTERED OFFICE: 33 George Street
Wakefield
West Yorkshire
WF1 1LX





REGISTERED NUMBER: 02863609 (England and Wales)





ACCOUNTANTS: SMH Jolliffe Cork Ltd
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX

CHR Capital Limited (Registered number: 02863609)

Balance Sheet
30 June 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 534,850 804,347

CURRENT ASSETS
Debtors 5 6,758,246 5,319,206
Cash at bank 88,464 5,259
6,846,710 5,324,465
CREDITORS
Amounts falling due within one year 6 2,473,674 2,136,226
NET CURRENT ASSETS 4,373,036 3,188,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,907,886

3,992,586

CHR Capital Limited (Registered number: 02863609)

Balance Sheet - continued
30 June 2023

2023 2022
Notes £ £ £ £

CAPITAL AND RESERVES
Called up share capital 7 300 300
Retained earnings 4,907,586 3,992,286
SHAREHOLDERS' FUNDS 4,907,886 3,992,586

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 2 February 2024 and were signed on its behalf by:





Mr N Smillie - Director


CHR Capital Limited (Registered number: 02863609)

Notes to the Financial Statements
for the year ended 30 June 2023


1. STATUTORY INFORMATION

Prious Limited is a private limited 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 company's principal place of business is Suite 2, 7 Victoria Avenue, Harrogate, HG1 1EQ.

The functional and presentation currency for the company is pound sterling (£). All financial information presented has been rounded to the nearest (£), unless otherwise stated.

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.

Preparation of consolidated financial statements
The financial statements contain information about CHR Capital Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities ae offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

CHR Capital Limited (Registered number: 02863609)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


2. ACCOUNTING POLICIES - continued

Investments
Investments in subsidiary undertakings and other investments are included at cost less any provision for impairment.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Share in
subsidiary Other
undertakings investments Totals
£ £ £
COST
At 1 July 2022 1,061,875 201,636 1,263,511
Additions - 524,450 524,450
Disposals - (1,636 ) (1,636 )
At 30 June 2023 1,061,875 724,450 1,786,325
PROVISIONS
At 1 July 2022 459,164 - 459,164
Provision for year 592,312 199,999 792,311
At 30 June 2023 1,051,476 199,999 1,251,475
NET BOOK VALUE
At 30 June 2023 10,399 524,451 534,850
At 30 June 2022 602,711 201,636 804,347

CHR Capital Limited (Registered number: 02863609)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


4. FIXED ASSET INVESTMENTS - continued

At 30 June 2023 the company held shareholdings in the following subsidiaries, all of which are incorporated in England & Wales and share their registered office with this company.

Name Country of Class of Percentage Nature of
incorporation shares held business
Prious One Limited UK Ordinary £1 100.0% Dormant
Prious Two Limited UK Ordinary £1 100.0% Dormant
Prious Three Limited UK Ordinary £1 100.0% Dormant
Prious Four Limited UK Ordinary £1 100.0% Dormant
Rougemont Estates (Thirsk)
Limited
UK Ordinary £1 58.3% Development of
building projects

At 30 June 2023 the company held shareholdings in the following undertakings, all of which are incorporated in England & Wales and share their registered office with this company.

Name Country of Class of Percentage Nature of business
incorporation shares held
CFL UK Services Limited UK Ordinary £1 53.0% Management consultancy and
other business support
services
Trinity Finco (CW) Limited UK Ordinary £1 2.6% Activities of other holding
companies not elsewhere
classified
Mera Investment
Management Limited
UK Ordinary £1 45.0% Credit granting by
non-deposit taking finance
houses and other specialist
consumer credit grantors

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Amounts owed by group undertakings 5,460,624 2,425,800
Amounts owed by related undertakings 1,086,585 2,860,857
Other debtors 211,037 32,549
6,758,246 5,319,206

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other loans - 1,252,493
Amounts owed to group undertakings 156,227 748,125
Amounts owed to related undertakings 2,184,994 -
Tax 99,346 -
Other creditors - 99,001
Directors' current account 33,107 33,107
Accruals and deferred income - 3,500
2,473,674 2,136,226

CHR Capital Limited (Registered number: 02863609)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
300 Ordinary £1 300 300

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.