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REGISTERED NUMBER: 03125811 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 DECEMBER 2023

FOR

P. CHALK LIMITED

P. CHALK LIMITED (REGISTERED NUMBER: 03125811)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 29 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P. CHALK LIMITED

COMPANY INFORMATION
For The Year Ended 29 December 2023







DIRECTORS: P Chalk
V Chalk





SECRETARY: V Chalk





REGISTERED OFFICE: 13 - 15 Landau Way
Darenth Industrial Park
Erith
Kent
DA8 2LF





REGISTERED NUMBER: 03125811 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

P. CHALK LIMITED (REGISTERED NUMBER: 03125811)

BALANCE SHEET
29 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,936,620 2,995,671
Investments 5 200 200
3,936,820 2,995,871

CURRENT ASSETS
Debtors 6 156,682 28,705
Cash at bank 200,401 85,469
357,083 114,174
CREDITORS
Amounts falling due within one year 7 (825,628 ) (489,002 )
NET CURRENT LIABILITIES (468,545 ) (374,828 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,468,275

2,621,043

CREDITORS
Amounts falling due after more than one
year

8

(1,931,980

)

(1,252,808

)
NET ASSETS 1,536,295 1,368,235

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,536,195 1,368,135
SHAREHOLDERS' FUNDS 1,536,295 1,368,235

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 December 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.

P. CHALK LIMITED (REGISTERED NUMBER: 03125811)

BALANCE SHEET - continued
29 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 Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:





V Chalk - Director


P. CHALK LIMITED (REGISTERED NUMBER: 03125811)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 December 2023

1. STATUTORY INFORMATION

P. Chalk 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.

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.

Turnover
Turnover is measured at the fair value of the consideration 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 - 10% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 30 December 2022 5,937,174 21,896 72,483 6,031,553
Additions 1,679,921 4,042 104,397 1,788,360
Disposals (1,330,278 ) (11,018 ) (22,883 ) (1,364,179 )
At 29 December 2023 6,286,817 14,920 153,997 6,455,734
DEPRECIATION
At 30 December 2022 2,983,633 16,649 35,600 3,035,882
Charge for year 441,509 1,698 28,018 471,225
Eliminated on disposal (956,082 ) (10,220 ) (21,691 ) (987,993 )
At 29 December 2023 2,469,060 8,127 41,927 2,519,114
NET BOOK VALUE
At 29 December 2023 3,817,757 6,793 112,070 3,936,620
At 29 December 2022 2,953,541 5,247 36,883 2,995,671

P. CHALK LIMITED (REGISTERED NUMBER: 03125811)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 December 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 30 December 2022
and 29 December 2023 200
NET BOOK VALUE
At 29 December 2023 200
At 29 December 2022 200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,625 16,437
Other debtors 145,057 12,268
156,682 28,705

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 648 648
Hire purchase contracts 635,014 447,049
Trade creditors 177,305 18,173
Taxation and social security - 11,007
Other creditors 12,661 12,125
825,628 489,002

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 1,658,336 1,033,624
Other creditors 273,644 219,184
1,931,980 1,252,808