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REGISTERED NUMBER: 09944263 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Chaddesley Investments Limited

Chaddesley Investments Limited (Registered number: 09944263)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Chaddesley Investments Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S E J Phillips





REGISTERED OFFICE: The Yard
Oakdale Trading Estate
Ham Lane
Kingswinford
West Midlands
DY6 7JH





REGISTERED NUMBER: 09944263 (England and Wales)





ACCOUNTANTS: Cox & Co Limited
Chartered Certified Accountants
3 Hagley Court North
The Waterfront
Dudley
West Midlands
DY5 1XF

Chaddesley Investments Limited (Registered number: 09944263)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 122,461 196,162

CURRENT ASSETS
Debtors 5 47,030 76,541
Cash at bank 14,932 119
61,962 76,660
CREDITORS
Amounts falling due within one year 6 147,390 200,428
NET CURRENT LIABILITIES (85,428 ) (123,768 )
TOTAL ASSETS LESS CURRENT LIABILITIES 37,033 72,394

CREDITORS
Amounts falling due after more than one year 7 (24,309 ) (66,574 )

PROVISIONS FOR LIABILITIES (11,889 ) (5,615 )
NET ASSETS 835 205

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 735 105
835 205

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 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.

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 22 August 2024 and were signed by:





S E J Phillips - Director


Chaddesley Investments Limited (Registered number: 09944263)

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


1. STATUTORY INFORMATION

Chaddesley Investments 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

Chaddesley Investments Limited (Registered number: 09944263)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 362,305
Additions 500
Disposals (115,421 )
At 31 December 2023 247,384
DEPRECIATION
At 1 January 2023 166,143
Charge for year 30,389
Eliminated on disposal (71,609 )
At 31 December 2023 124,923
NET BOOK VALUE
At 31 December 2023 122,461
At 31 December 2022 196,162

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023 280,594
Disposals (61,834 )
At 31 December 2023 218,760
DEPRECIATION
At 1 January 2023 116,829
Charge for year 25,669
Eliminated on disposal (34,710 )
At 31 December 2023 107,788
NET BOOK VALUE
At 31 December 2023 110,972
At 31 December 2022 163,765

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 47,030 76,541

Chaddesley Investments Limited (Registered number: 09944263)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 2,100 2,100
Hire purchase contracts 36,851 62,038
Taxation and social security 19,318 8,740
Other creditors 89,121 127,550
147,390 200,428

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 3,500 5,600
Hire purchase contracts 20,809 60,974
24,309 66,574

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts 57,660 123,012

Hire purchase contracts are secured by the assets they finance.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S E J Phillips.