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REGISTERED NUMBER: 12640049 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

CHAUMIERE PROPERTY (UK) LTD

CHAUMIERE PROPERTY (UK) LTD (REGISTERED NUMBER: 12640049)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Balance sheet 1

Notes to the financial statements 3


CHAUMIERE PROPERTY (UK) LTD (REGISTERED NUMBER: 12640049)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 - -
Investments 5 100 100
Investment property 6 3,485,000 3,415,000
3,485,100 3,415,100

Current assets
Debtors 7 499 478
Cash at bank 194,415 496,909
194,914 497,387
Creditors
Amounts falling due within one year 8 36,760 2,825,551
Net current assets/(liabilities) 158,154 (2,328,164 )
Total assets less current liabilities 3,643,254 1,086,936

Provisions for liabilities 9 205,935 188,435
Net assets 3,437,319 898,501

Capital and reserves
Called up share capital 10 200 200
Fair value reserve 11 810,482 757,982
Retained earnings 2,626,637 140,319
Shareholders' funds 3,437,319 898,501

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CHAUMIERE PROPERTY (UK) LTD (REGISTERED NUMBER: 12640049)

BALANCE SHEET - continued
30 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





Mrs W M Start - Director


CHAUMIERE PROPERTY (UK) LTD (REGISTERED NUMBER: 12640049)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. Statutory information

Chaumiere Property (UK) Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 12640049. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 19 Moorside Road, West Moors, Dorset, BH22 0EH.

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.

Preparation of consolidated financial statements
The financial statements contain information about Chaumiere Property (UK) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents rental income accounted for on an accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 50% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 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.

CHAUMIERE PROPERTY (UK) LTD (REGISTERED NUMBER: 12640049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. Accounting policies - continued

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 2 ) .

4. Tangible fixed assets
Computer
equipment
£   
Cost
At 1 May 2023 782
Disposals (782 )
At 30 April 2024 -
Depreciation
At 1 May 2023 782
Eliminated on disposal (782 )
At 30 April 2024 -
Net book value
At 30 April 2024 -
At 30 April 2023 -

5. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 May 2023
and 30 April 2024 100
Net book value
At 30 April 2024 100
At 30 April 2023 100

CHAUMIERE PROPERTY (UK) LTD (REGISTERED NUMBER: 12640049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. Investment property
Total
£   
Fair value
At 1 May 2023 3,415,000
Revaluations 70,000
At 30 April 2024 3,485,000
Net book value
At 30 April 2024 3,485,000
At 30 April 2023 3,415,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2021 14,120
Valuation in 2022 842,298
Valuation in 2023 90,000
Valuation in 2024 70,000
Cost 2,468,582
3,485,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,468,582 2,468,582

Investment property was valued on an open market basis on 30 April 2024 by the director .

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Prepayments and accrued income 499 478

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Amounts owed to group undertakings 100 2,577,388
Tax 8,122 25,322
Other creditors 18,400 -
Directors' current accounts 335 214,755
Accruals and deferred income 9,803 8,086
36,760 2,825,551

CHAUMIERE PROPERTY (UK) LTD (REGISTERED NUMBER: 12640049)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. Provisions for liabilities
2024 2023
£    £   
Deferred tax 205,935 188,435

Deferred
tax
£   
Balance at 1 May 2023 188,435
Charge to fair value reserve 17,500
Balance at 30 April 2024 205,935

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary £1 200 200

11. Reserves
Fair
value
reserve
£   
At 1 May 2023 757,982
Revaluation 70,000
Deferred tax (17,500 )

At 30 April 2024 810,482

12. Ultimate controlling party

The ultimate controlling party is the director Mrs Start by virtue of their majority ownership of the share capital.