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REGISTERED NUMBER: 08410570 (England and Wales)


















Chelle Homes Limited

Unaudited Financial Statements

for the Year Ended 28 February 2024






Chelle Homes Limited (Registered number: 08410570)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chelle Homes Limited

Company Information
for the Year Ended 28 February 2024







DIRECTORS: Mrs M L Sewell
Mr M Sewell





REGISTERED OFFICE: 12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB





REGISTERED NUMBER: 08410570 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

Chelle Homes Limited (Registered number: 08410570)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 86 172
Investment property 6 255,547 255,547
255,633 255,719

CURRENT ASSETS
Debtors 7 1,926 8,604
Cash at bank 443 1,092
2,369 9,696
CREDITORS
Amounts falling due within one year 8 76,142 70,963
NET CURRENT LIABILITIES (73,773 ) (61,267 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,860

194,452

CREDITORS
Amounts falling due after more than one
year

9

121,159

133,479
NET ASSETS 60,701 60,973

CAPITAL AND RESERVES
Called up share capital 10 10 10
Retained earnings 60,691 60,963
SHAREHOLDERS' FUNDS 60,701 60,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Chelle Homes Limited (Registered number: 08410570)

Balance Sheet - continued
28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:




Mrs M L Sewell - Director



Mr M Sewell - Director


Chelle Homes Limited (Registered number: 08410570)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Chelle Homes 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% 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 Statement of Income and Retained Earnings, 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Chelle Homes Limited (Registered number: 08410570)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023
and 28 February 2024 837 258 1,095
DEPRECIATION
At 1 March 2023 837 86 923
Charge for year - 86 86
At 28 February 2024 837 172 1,009
NET BOOK VALUE
At 28 February 2024 - 86 86
At 28 February 2023 - 172 172

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 28 February 2024 255,547
NET BOOK VALUE
At 28 February 2024 255,547
At 28 February 2023 255,547

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 1,640 -
Other debtors 286 8,604
1,926 8,604

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors - 9
Other creditors 76,142 70,954
76,142 70,963

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.24 28.2.23
£    £   
Other creditors 121,159 133,479

Chelle Homes Limited (Registered number: 08410570)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.24 28.2.23
value: £    £   
10 Ordinary 1 10 10