IRIS Accounts Production v24.3.0.553 SC049733 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC0497332023-03-31SC0497332024-03-31SC0497332023-04-012024-03-31SC0497332022-03-31SC0497332022-04-012023-03-31SC0497332023-03-31SC049733ns15:Scotland2023-04-012024-03-31SC049733ns14:PoundSterling2023-04-012024-03-31SC049733ns10:Director12023-04-012024-03-31SC049733ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC049733ns10:SmallEntities2023-04-012024-03-31SC049733ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC049733ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC049733ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC049733ns10:FullAccounts2023-04-012024-03-31SC049733ns10:Director22023-04-012024-03-31SC049733ns10:Director32023-04-012024-03-31SC049733ns10:RegisteredOffice2023-04-012024-03-31SC049733ns5:CurrentFinancialInstruments2024-03-31SC049733ns5:CurrentFinancialInstruments2023-03-31SC049733ns5:ShareCapital2024-03-31SC049733ns5:ShareCapital2023-03-31SC049733ns5:RevaluationReserve2024-03-31SC049733ns5:RevaluationReserve2023-03-31SC049733ns5:RetainedEarningsAccumulatedLosses2024-03-31SC049733ns5:RetainedEarningsAccumulatedLosses2023-03-31SC049733ns5:ComputerEquipment2023-04-012024-03-31SC049733ns5:ComputerEquipment2023-03-31SC049733ns5:ComputerEquipment2024-03-31SC049733ns5:ComputerEquipment2023-03-31SC049733ns5:CostValuation2023-03-31SC049733ns5:AdditionsToInvestments2024-03-31SC049733ns5:DisposalsRepaymentsInvestments2024-03-31SC049733ns5:RevaluationsIncreaseDecreaseInInvestments2024-03-31SC049733ns5:CostValuation2024-03-31SC049733ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-31SC049733ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-31SC049733ns5:RevaluationReserve2023-03-31
REGISTERED NUMBER: SC049733 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Graeme P. Chatham (West) Limited

Graeme P. Chatham (West) Limited (Registered number: SC049733)






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


Graeme P. Chatham (West) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: G P Chatham
Mrs E M T Chatham
C W Chatham





REGISTERED OFFICE: West Kirk
Fountainhall
Pencaitland
Tranent
EH34 5EY





REGISTERED NUMBER: SC049733 (Scotland)





ACCOUNTANTS: EQ Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 8HW

Graeme P. Chatham (West) Limited (Registered number: SC049733)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - -
Investments 5 1,053,923 905,495
1,053,923 905,495

CURRENT ASSETS
Debtors 6 7,279 7,279
Cash at bank 8,393 10,221
15,672 17,500
CREDITORS
Amounts falling due within one year 7 769 616
NET CURRENT ASSETS 14,903 16,884
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,068,826

922,379

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 200,716 92,359
Retained earnings 868,010 829,920
1,068,826 922,379

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 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.

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 29 November 2024 and were signed on its behalf by:



C W Chatham - Director


Graeme P. Chatham (West) Limited (Registered number: SC049733)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Graeme P. Chatham (West) Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 33% on cost and 25% on cost

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.

Listed investments
Investments are shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is transferred to the income statement.

Going concern
The directors have considered the Company's financial position for a period of 12 months from the date of signing these financial statements and have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3. EMPLOYEES AND DIRECTORS

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

Graeme P. Chatham (West) Limited (Registered number: SC049733)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT
Office
Equipment
£   
COST
At 1 April 2023
and 31 March 2024 447
DEPRECIATION
At 1 April 2023
and 31 March 2024 447
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 905,495
Additions 71,466
Disposals (58,006 )
Revaluations 134,968
At 31 March 2024 1,053,923
NET BOOK VALUE
At 31 March 2024 1,053,923
At 31 March 2023 905,495

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2024 1,053,923

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Other debtors 7,279 7,279

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other creditors 769 616

Graeme P. Chatham (West) Limited (Registered number: SC049733)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. RESERVES
Revaluation
reserve
£   
At 1 April 2023 92,359
Transfer during year 108,357

At 31 March 2024 200,716