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REGISTERED NUMBER: 08810691 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Chellet Investments Ltd

Chellet Investments Ltd (Registered number: 08810691)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chellet Investments Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs M Leontiou





REGISTERED OFFICE: The Business Centre
758 Great Cambridge Road
Enfield
Middlesex
EN1 3PN





REGISTERED NUMBER: 08810691 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Chellet Investments Ltd (Registered number: 08810691)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,587 -
Investments 6 200,002 200,002
Investment property 7 750,000 750,000
951,589 950,002

CURRENT ASSETS
Debtors 8 2,657 13,492
Cash at bank 62,641 60,456
65,298 73,948
CREDITORS
Amounts falling due within one year 9 1,763 2,608
NET CURRENT ASSETS 63,535 71,340
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,015,124

1,021,342

PROVISIONS FOR LIABILITIES 10 160,623 160,623
NET ASSETS 854,501 860,719

CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 488,197 488,197
Retained earnings 366,204 372,422
SHAREHOLDERS' FUNDS 854,501 860,719

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

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

The director acknowledges her 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.

Chellet Investments Ltd (Registered number: 08810691)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:





Mrs M Leontiou - Director


Chellet Investments Ltd (Registered number: 08810691)

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

1. STATUTORY INFORMATION

Chellet Investments Ltd 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 presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Preparation of consolidated financial statements
The financial statements contain information about Chellet Investments Ltd 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.

Turnover
Turnover is measured at the fair value of rental income received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable
expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation
of investment properties at their fair values are recognised in the income statement

4. EMPLOYEES AND DIRECTORS

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

Chellet Investments Ltd (Registered number: 08810691)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 2,116
At 31 December 2023 2,116
DEPRECIATION
Charge for year 529
At 31 December 2023 529
NET BOOK VALUE
At 31 December 2023 1,587

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 200,002
NET BOOK VALUE
At 31 December 2023 200,002
At 31 December 2022 200,002

The company's investments at the Balance Sheet date in the share capital of companies include the following:

911 Quadrant
Registered office: United Kingdom
Nature of business: Property Investment
%
Class of shares: holding
Ordinary 100.00
31.12.23 31.12.22
£    £   
Aggregate capital and reserves 548,064 563,029
(Loss)/profit for the year (10,644 ) 12,878

Chellet Investments Ltd (Registered number: 08810691)

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

7. INVESTMENT PROPERTY
Total
£   
COST
At 1 January 2023
and 31 December 2023 750,000
NET BOOK VALUE
At 31 December 2023 750,000
At 31 December 2022 750,000

The investment property is valued annually by the director on an open market existing use basis.

The historical cost of the investment property amounted to £101,180 (2022 - £101,180).

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 2,657 13,492

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 324 1,167
Other creditors 1,439 1,441
1,763 2,608

10. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 160,623 160,623

Deferred
tax
£   
Balance at 1 January 2023 160,623
Balance at 31 December 2023 160,623

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 - 100
50 Ordinary A £1 50 -
50 Ordinary B £1 50 -
100 100

Chellet Investments Ltd (Registered number: 08810691)

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

11. CALLED UP SHARE CAPITAL - continued

On 1 February 2023 the 100 £1 Ordinary shares were reclassified as Ordinary A and B shares of £1 each.