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REGISTERED NUMBER: 12145596 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

CHALVEY PARK HOLDINGS LIMITED

CHALVEY PARK HOLDINGS LIMITED (REGISTERED NUMBER: 12145596)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHALVEY PARK HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: M Z Oppenheimer





REGISTERED OFFICE: 115 Craven Park Road
London
N15 6BL





REGISTERED NUMBER: 12145596 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

CHALVEY PARK HOLDINGS LIMITED (REGISTERED NUMBER: 12145596)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £   
FIXED ASSETS
Investment property 4 11,372,900 11,372,900

CURRENT ASSETS
Debtors 5 122,884 122,884
Cash at bank and in hand 44,775 93,903
167,659 216,787
CREDITORS
Amounts falling due within one year 6 (2,477,293 ) (2,476,522 )
NET CURRENT LIABILITIES (2,309,634 ) (2,259,735 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,063,266

9,113,165

CREDITORS
Amounts falling due after more than one
year

7

(7,681,686

)

(7,681,686

)

PROVISIONS FOR LIABILITIES (201,903 ) (201,903 )
NET ASSETS 1,179,677 1,229,576

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 (1,062,648 ) (1,062,648 )
Retained earnings 9 2,242,225 2,292,124
SHAREHOLDERS' FUNDS 1,179,677 1,229,576

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

CHALVEY PARK HOLDINGS LIMITED (REGISTERED NUMBER: 12145596)

BALANCE SHEET - continued
31 AUGUST 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 16 August 2024 and were signed by:





M Z Oppenheimer - Director


CHALVEY PARK HOLDINGS LIMITED (REGISTERED NUMBER: 12145596)

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

1. STATUTORY INFORMATION

Chalvey Park Holdings Limited 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. 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

CHALVEY PARK HOLDINGS LIMITED (REGISTERED NUMBER: 12145596)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 11,372,900
NET BOOK VALUE
At 31 August 2023 11,372,900
At 31 August 2022 11,372,900

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2020 1,062,648
Cost 10,310,252
11,372,900

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other debtors 122,884 122,884

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 484 320
Amounts owed to group undertakings 2,244,211 -
Taxation and social security 2,840 2,840
Other creditors 229,758 2,473,362
2,477,293 2,476,522

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 7,681,686 7,681,686

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 7,681,686 7,681,686

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100

CHALVEY PARK HOLDINGS LIMITED (REGISTERED NUMBER: 12145596)

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

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 September 2022 2,292,124 (1,062,648 ) 1,229,476
Deficit for the year (49,899 ) (49,899 )
At 31 August 2023 2,242,225 (1,062,648 ) 1,179,577

10. ULTIMATE CONTROLLING PARTY

Chalvey Park Limited.