IRIS Accounts Production v24.1.4.33 09737884 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097378842022-10-31097378842023-10-31097378842022-11-012023-10-31097378842021-10-31097378842021-11-012022-10-31097378842022-10-3109737884ns15:EnglandWales2022-11-012023-10-3109737884ns14:PoundSterling2022-11-012023-10-3109737884ns10:Director12022-11-012023-10-3109737884ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109737884ns10:SmallEntities2022-11-012023-10-3109737884ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109737884ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109737884ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3109737884ns10:FullAccounts2022-11-012023-10-3109737884ns5:CurrentFinancialInstruments2023-10-3109737884ns5:CurrentFinancialInstruments2022-10-3109737884ns5:Non-currentFinancialInstruments2023-10-3109737884ns5:Non-currentFinancialInstruments2022-10-3109737884ns5:ShareCapital2023-10-3109737884ns5:ShareCapital2022-10-3109737884ns5:RetainedEarningsAccumulatedLosses2023-10-3109737884ns5:RetainedEarningsAccumulatedLosses2022-10-3109737884ns10:RegisteredOffice2022-11-012023-10-3109737884ns5:CostValuation2022-10-3109737884ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3109737884ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-3109737884ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3109737884ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-31
REGISTERED NUMBER: 09737884 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CHAS HOLDINGS LIMITED

CHAS HOLDINGS LIMITED (REGISTERED NUMBER: 09737884)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Statement of Financial Position 1 to 2

Notes to the Financial Statements 3 to 5


CHAS HOLDINGS LIMITED (REGISTERED NUMBER: 09737884)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Investments 4 201 201

CURRENT ASSETS
Debtors 5 374,962 334,400
Cash at bank 742 43,690
375,704 378,090
CREDITORS
Amounts falling due within one year 6 (310,208 ) (336,236 )
NET CURRENT ASSETS 65,496 41,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,697

42,055

CREDITORS
Amounts falling due after more than one
year

7

(37,613

)

(40,000

)
NET ASSETS 28,084 2,055

CAPITAL AND RESERVES
Called up share capital 301 301
Retained earnings 27,783 1,754
28,084 2,055

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

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

The director acknowledges his 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.

CHAS HOLDINGS LIMITED (REGISTERED NUMBER: 09737884)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 director and authorised for issue on 30 July 2024 and were signed by:





C Latham - Director


CHAS HOLDINGS LIMITED (REGISTERED NUMBER: 09737884)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

CHAS HOLDINGS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09737884

Registered office: c/o DPC
Stone House
55 Stone Road Business Park
Stoke-On-Trent
Staffordshire
ST4 6SR

The principal activity of the company is that of a parent company.

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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

CHAS HOLDINGS LIMITED (REGISTERED NUMBER: 09737884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

GOING CONCERN
The financial statements have been prepared on the going concern basis which assumes that the company will continue to trade for the foreseeable future, and continue to receive the support from the company directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

CHAS HOLDINGS LIMITED (REGISTERED NUMBER: 09737884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 November 2022
and 31 October 2023 201
NET BOOK VALUE
At 31 October 2023 201
At 31 October 2022 201

The company owns 100% of the issued share capital of the following companies;

- Crystal Clear Money Limited, a company registered in England and Wales.
- Doug Solutions Limited, a company registered in England and Wales.
- Chas Properties Limited, a company registered in England and Wales.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Amounts owed by group undertakings 374,962 334,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,408 -
Other creditors 297,500 319,049
Directors' current accounts - 5,987
Accruals and deferred income 1,300 1,200
310,208 336,236

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 27,613 30,000
37,613 40,000

8. GOING CONCERN

The directors' have reviewed the company's trading and cashflow position and have provided assurances that they will continue to provide support to the company in order that it may continue its activities, as hitherto. Consequently the director's are of the opinion that the financial statements should be prepared on a going concern basis.