CHARMOPE LIMITED

Company Registration Number:
00972162 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CHARMOPE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

CHARMOPE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 655,000 1,265,000
Total fixed assets: 655,000 1,265,000
Current assets
Stocks: 556,849 0
Debtors:   1,117 2,216
Cash at bank and in hand: 95,431 49,581
Investments: 4 797,303 927,637
Total current assets: 1,450,700 979,434
Creditors: amounts falling due within one year:   (34,298) (19,652)
Net current assets (liabilities): 1,416,402 959,782
Total assets less current liabilities: 2,071,402 2,224,782
Provision for liabilities: (92,369) (101,347)
Total net assets (liabilities): 1,979,033 2,123,435
Capital and reserves
Called up share capital: 1,521 1,521
Share premium account: 49,266 49,266
Revaluation reserve:5816,266933,901
Profit and loss account: 1,111,980 1,138,747
Shareholders funds: 1,979,033 2,123,435

The notes form part of these financial statements

CHARMOPE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 May 2024
and signed on behalf of the board by:

Name: E A D Moore
Status: Director

The notes form part of these financial statements

CHARMOPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CHARMOPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

CHARMOPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 1,265,000
Additions 47,450
Revaluations (100,601)
Transfers (556,849)
At 31 March 2024 655,000
Net book value
At 31 March 2024 655,000
At 31 March 2023 1,265,000

CHARMOPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Current investments

Investments are stated in the balance sheet at market values. Unrealised gains and losses are shown in a separate reserve.

CHARMOPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Revaluation reserve

2024
£
Balance at 01 April 2023 933,901
Surplus or deficit after revaluation (117,635)
Balance at 31 March 2024 816,266

CHARMOPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Related party transactions

Name of the related party: The directors
Relationship:
The directors
Description of the Transaction: At the balance sheet the Company had loans from the directors aggregating £29,195 (2023: £5,443). There are no fixed repayment terms for these loans and no interest was payable thereon for the year.
£
Balance at 01 April 2023 5,443
Balance at 31 March 2024 29,195

CHARMOPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Post balance sheet events

Investment properties were revalued at 31 March 2024 by Ian J Brindle MA MRICS of Better Prepared, Chartered Surveyors in accordance with the RICS Valuation - Professional Standards (The Red Book), save for one property which has, subsequent to the balance sheet date, been sold (completion 3 May 2024) and has therefore been transferred to currrent assets where it is included at a valuation equal to the net sale proceeds subsequently received. The surplus arising on valuation is shown as part of the Revaluation Reserve in the accounts