Company Registration No. 05236154 (England and Wales)
CHEVAL PROPERTIES HOLDINGS
LIMITED
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
CHEVAL PROPERTIES HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CHEVAL PROPERTIES HOLDINGS LIMITED
Company Registration No. 05236154
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
2,185,270
2,185,270
Current assets
-
-
Creditors: amounts falling due within one year
4
(1,383,389)
(1,383,389)
Net current liabilities
(1,383,389)
(1,383,389)
Net assets
801,881
801,881
Capital and reserves
Called up share capital
5
450,000
450,000
Profit and loss reserves
351,881
351,881
Total equity
801,881
801,881

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 28 March 2024
T Kilduff
Director
CHEVAL PROPERTIES HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information

Cheval Properties Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 26 Crown Reach, 145 Grosvenor Road, London, SW1V 3JU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.3
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments
Basic financial assets
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Basic financial liabilities
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
CHEVAL PROPERTIES HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
2,185,270
2,185,270

 

 

4
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings
1,383,389
1,383,389
1,383,389
1,383,389
5
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
450,000
450,000
450,000
450,000
6
Parent company

Tonkil Enterprises Limited, a company incorporated in Republic of Ireland, is regarded by the directors as being the company's ultimate parent company.

The ultimate controlling party is T Kilduff.

2023-12-312023-01-01false28 March 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityT Kildufffalse052361542023-01-012023-12-31052361542023-12-31052361542022-12-3105236154core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3105236154core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-3105236154core:CurrentFinancialInstruments2023-12-3105236154core:CurrentFinancialInstruments2022-12-3105236154core:ShareCapital2023-12-3105236154core:ShareCapital2022-12-3105236154core:RetainedEarningsAccumulatedLosses2023-12-3105236154core:RetainedEarningsAccumulatedLosses2022-12-3105236154bus:Director12023-01-012023-12-31052361542022-01-012022-12-3105236154bus:PrivateLimitedCompanyLtd2023-01-012023-12-3105236154bus:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105236154bus:FRS1022023-01-012023-12-3105236154bus:AuditExemptWithAccountantsReport2023-01-012023-12-3105236154bus:FullAccounts2023-01-012023-12-31xbrli:purexbrli:sharesiso4217:GBP