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REGISTERED NUMBER: 03843040 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CHAPEL PRESS HOLDINGS LIMITED

CHAPEL PRESS HOLDINGS LIMITED (REGISTERED NUMBER: 03843040)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CHAPEL PRESS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: T R O'Shea





SECRETARY: T R O'Shea





REGISTERED OFFICE: Parkgate Close
Bredbury Parkway
Stockport
Cheshire
SK6 2SZ





REGISTERED NUMBER: 03843040 (England and Wales)





ACCOUNTANTS: Daggett and Company
Chartered Accountants
Parkway House
Palatine Road
Northenden
Manchester
M22 4DB

CHAPEL PRESS HOLDINGS LIMITED (REGISTERED NUMBER: 03843040)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 344,654 344,654
Investment property 5 933,963 933,963
1,278,617 1,278,617

CURRENT ASSETS
Debtors 6 257,510 226,393
Cash at bank 1,010,756 869,337
1,268,266 1,095,730
CREDITORS
Amounts falling due within one year 7 29,146 23,141
NET CURRENT ASSETS 1,239,120 1,072,589
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,517,737

2,351,206

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,517,637 2,351,106
SHAREHOLDERS' FUNDS 2,517,737 2,351,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 October 2024 and were signed by:





T R O'Shea - Director


CHAPEL PRESS HOLDINGS LIMITED (REGISTERED NUMBER: 03843040)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Chapel Press 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.

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.

Investment property
Investment properties are included at open market value as determined by the director on 31 March 2023.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 344,654
NET BOOK VALUE
At 31 March 2024 344,654
At 31 March 2023 344,654

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 933,963
NET BOOK VALUE
At 31 March 2024 933,963
At 31 March 2023 933,963

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 257,510 226,393

CHAPEL PRESS HOLDINGS LIMITED (REGISTERED NUMBER: 03843040)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 23,871 21,641
Other creditors 5,275 1,500
29,146 23,141

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES"

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
T R O'Shea
Balance outstanding at start of year 224,104 326,788
Amounts advanced 68,406 57,444
Amounts repaid (35,000 ) (160,128 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 257,510 224,104

The loan is free of interest and is repayable on demand. A dividend of £35,000 (2022 £32,000) was paid to the director during the year.

9. RELATED PARTY DISCLOSURES

Chapel Press Limited is a wholly owned subsidiary of Chapel Press Holdings Limited and is incorporated in England And Wales. At the year end the capital and reserves of Chapel Press Limited were £597,950 (2023 £501,718) and its retained profit for the year was £96,232 (2023 loss £381,072. A dividend of £150,000 (2023 £650,000) was paid by Chapel Press Limited to Chapel Press Holdings Ltd during the year.

At the year end £3,775 was owed by Chapel Press Holdings to the subsidiary (2023 £2,105 owed to Chapel Press Holdings Limited).
The loan is free of interest and repayable on demand.