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REGISTERED NUMBER: 00791912 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

Chaga Properties Limited

Chaga Properties Limited (Registered number: 00791912)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chaga Properties Limited

Company Information
for the Year Ended 5 April 2024







DIRECTOR: G N Sharpe





SECRETARY:





REGISTERED OFFICE: 73a Headstone Road
Harrow
Middlesex
HA1 1PQ





REGISTERED NUMBER: 00791912 (England and Wales)





ACCOUNTANTS: C P O'Donnell & Co
Homeland
Hempstead Road
Bovingdon
Hemel Hempstead
Hertfordshire
HP3 0HF

Chaga Properties Limited (Registered number: 00791912)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 71,800 18,503

CURRENT ASSETS
Debtors 5 3,467 28,521
Cash at bank 472,320 489,451
475,787 517,972
CREDITORS
Amounts falling due within one year 6 2,567 (29,390 )
NET CURRENT ASSETS 478,354 488,582
TOTAL ASSETS LESS CURRENT
LIABILITIES

550,154

507,085

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 550,054 506,985
550,154 507,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

Chaga Properties Limited (Registered number: 00791912)

Balance Sheet - continued
5 April 2024


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 7 November 2024 and were signed by:





G N Sharpe - Director


Chaga Properties Limited (Registered number: 00791912)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Chaga Properties 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 (2023 - NIL).

Chaga Properties Limited (Registered number: 00791912)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 6 April 2023 18,503 7,361 25,864
Revaluations 53,297 - 53,297
At 5 April 2024 71,800 7,361 79,161
DEPRECIATION
At 6 April 2023
and 5 April 2024 - 7,361 7,361
NET BOOK VALUE
At 5 April 2024 71,800 - 71,800
At 5 April 2023 18,503 - 18,503

the freehold property has been revalued by the Director to reflect current value by £53297.00

Chaga Properties Limited (Registered number: 00791912)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 5 April 2024 is represented by:

**ERROR**
£   

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL
Cost/valuation b/f 18,503
Revaluations 53,297
71,800

CLIENT SCREEN TOTAL = -


** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
FIXTURES AND FITTINGS

'COST' ACCOUNT TOTAL
Cost/valuation b/f 231
231

CLIENT SCREEN TOTAL = -


** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
MOTOR VEHICLES

'COST' ACCOUNT TOTAL
Cost/valuation b/f 7,130
7,130

CLIENT SCREEN TOTAL = -


Chaga Properties Limited (Registered number: 00791912)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade debtors 5,782 30,836
Amounts receivable in respect of
finance leases

(2,315

)

(2,315

)
3,467 28,521

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade creditors 1,119 (1 )
Taxation and social security (20,595 ) 10,007
Other creditors 16,909 19,384
(2,567 ) 29,390