0 09/01/2023 31/01/2024 2024-01-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-01-09 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14580670 2023-01-09 2024-01-31 14580670 2024-01-31 14580670 2023-01-08 14580670 bus:Director1 2023-01-09 2024-01-31 14580670 core:ShareCapital 2023-01-09 2024-01-31 14580670 core:RetainedEarningsAccumulatedLosses 2023-01-09 2024-01-31 14580670 core:WithinOneYear 2024-01-31 14580670 core:ShareCapital 2024-01-31 14580670 core:RetainedEarningsAccumulatedLosses 2024-01-31 14580670 core:PreviouslyStatedAmount core:ShareCapital 2024-01-31 14580670 bus:Director1 2024-01-31 14580670 bus:SmallEntities 2023-01-09 2024-01-31 14580670 bus:AuditExempt-NoAccountantsReport 2023-01-09 2024-01-31 14580670 bus:SmallCompaniesRegimeForAccounts 2023-01-09 2024-01-31 14580670 bus:PrivateLimitedCompanyLtd 2023-01-09 2024-01-31 14580670 bus:FullAccounts 2023-01-09 2024-01-31
Company registration number: 14580670
Cheltenham Partners Limited
Unaudited filleted financial statements
31 January 2024
Cheltenham Partners Limited
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Cheltenham Partners Limited
Statement of financial position
31 January 2024
31/01/24
Note £ £
Current assets
Cash at bank and in hand 38,061
_______
38,061
Creditors: amounts falling due
within one year 4 ( 12,410)
_______
Net current assets 25,651
_______
Total assets less current liabilities 25,651
_______
Net assets 25,651
_______
Capital and reserves
Called up share capital 1
Profit and loss account 25,650
_______
Shareholders funds 25,651
_______
For the period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 25 September 2024 , and are signed on behalf of the board by:
Mrs P C Bledsoe
Director
Company registration number: 14580670
Cheltenham Partners Limited
Statement of changes in equity
Period ended 31 January 2024
Called up share capital Profit and loss account
£ £
At 9 January 2023 - -
Profit for the period 25,650
_______ _______
Total comprehensive income for the period - 25,650
Issue of shares 1
_______ _______
Total investments by and distributions to owners 1 -
_______ _______
At 31 January 2024 1 25,650
_______ _______
Cheltenham Partners Limited
Notes to the financial statements
Period ended 31 January 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 54 Whitelands House, Cheltenham Terrace, SW34QZ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company 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.
4. Creditors: amounts falling due within one year
31/01/24
£
Corporation tax 6,173
Other creditors 6,237
_______
12,410
_______
5. Directors advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
Period ended 31/01/24
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mrs P C Bledsoe - ( 4,797) ( 4,797)
_______ _______ _______