IRIS Accounts Production v24.3.0.553 04110822 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041108222023-03-31041108222024-03-31041108222023-04-012024-03-31041108222022-03-31041108222022-04-012023-03-31041108222023-03-3104110822ns15:EnglandWales2023-04-012024-03-3104110822ns14:PoundSterling2023-04-012024-03-3104110822ns10:Director12023-04-012024-03-3104110822ns10:Director22023-04-012024-03-3104110822ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104110822ns10:SmallEntities2023-04-012024-03-3104110822ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104110822ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104110822ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104110822ns10:FullAccounts2023-04-012024-03-3104110822ns10:CompanySecretary12023-04-012024-03-3104110822ns10:RegisteredOffice2023-04-012024-03-3104110822ns5:CurrentFinancialInstruments2024-03-3104110822ns5:CurrentFinancialInstruments2023-03-3104110822ns5:Non-currentFinancialInstruments2024-03-3104110822ns5:Non-currentFinancialInstruments2023-03-3104110822ns5:ShareCapital2024-03-3104110822ns5:ShareCapital2023-03-3104110822ns5:RevaluationReserve2024-03-3104110822ns5:RevaluationReserve2023-03-3104110822ns5:RetainedEarningsAccumulatedLosses2024-03-3104110822ns5:RetainedEarningsAccumulatedLosses2023-03-3104110822ns5:PlantMachinery2023-04-012024-03-3104110822ns5:PlantMachinery2023-03-3104110822ns5:PlantMachinery2024-03-3104110822ns5:PlantMachinery2023-03-3104110822ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104110822ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104110822ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3104110822ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-31
REGISTERED NUMBER: 04110822 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

CHALKFIELD WINCHESTER LIMITED

CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHALKFIELD WINCHESTER LIMITED

COMPANY INFORMATION
for the Year Ended 31st March 2024







DIRECTORS: R J Carter
A Surtees





SECRETARY: R J Carter





REGISTERED OFFICE: 1 The Limes
Northbrook Avenue
Winchester
Hampshire
SO23 0LU





REGISTERED NUMBER: 04110822 (England and Wales)





ACCOUNTANTS: K S Goring & Co Chartered Accountants
222 Upper Richmond Road West
London
SW14 8AH

CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822)

BALANCE SHEET
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1
Investment property 5 710,000 710,000
710,001 710,001

CURRENT ASSETS
Debtors 6 95,755 85,528
Cash at bank 23,161 38,835
118,916 124,363
CREDITORS
Amounts falling due within one year 7 9,140 19,037
NET CURRENT ASSETS 109,776 105,326
TOTAL ASSETS LESS CURRENT
LIABILITIES

819,777

815,327

CREDITORS
Amounts falling due after more than one
year

8

(526,902

)

(530,275

)

PROVISIONS FOR LIABILITIES (54,031 ) (54,820 )
NET ASSETS 238,844 230,232

CAPITAL AND RESERVES
Called up share capital 2 2
Profit and loss - non-distributable reserves 165,248 164,459
Retained earnings 73,594 65,771
SHAREHOLDERS' FUNDS 238,844 230,232

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822)

BALANCE SHEET - continued
31st March 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 Board of Directors and authorised for issue on 20th November 2024 and were signed on its behalf by:




R J Carter - Director



A Surtees - Director


CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

CHALKFIELD WINCHESTER 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 represents rental income received or receivable, excluding value added tax.

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 etc - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 2 (2023 - 2 ) .

CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023
and 31st March 2024 991
DEPRECIATION
At 1st April 2023
and 31st March 2024 990
NET BOOK VALUE
At 31st March 2024 1
At 31st March 2023 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023
and 31st March 2024 710,000
NET BOOK VALUE
At 31st March 2024 710,000
At 31st March 2023 710,000

Fair value at 31st March 2024 is represented by:
£   
Valuation in 2021 226,403
Valuation in 2023 (7,125 )
Cost 490,722
710,000

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 490,722 490,722

Investment properties were valued on an open market basis on 31st March 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 95,755 85,528

CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (482 ) (508 )
Taxation and social security 2,575 5,914
Other creditors 7,047 13,631
9,140 19,037

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 326,270 329,810
Other creditors 200,632 200,465
526,902 530,275

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 326,270 329,810
Engage credit Loan Mortgage 200,632 200,465
526,902 530,275

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Within other debtors at 31st March 2024 is a loan for £95,452 (2023 - £85,212) to Millgate (Winchester) Limited a company of which both Mr R Carter and Mr A Surtees are directors. The loan is interest free and repayable on demand.

10. RELATED PARTY DISCLOSURES

i) The company is related to Millgate (Winchester) Limited by virtue of both companies having a common board of directors/shareholders relationship.


11. ULTIMATE CONTROLLING PARTY

The controlling party is directors.