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REGISTERED NUMBER: 11910466 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Chrelaco Limited

Chrelaco Limited (Registered number: 11910466)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chrelaco Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: C B Walton





REGISTERED OFFICE: Deanayes House
Upper Warren Avenue
Caversham
Reading
Berkshire
RG4 7EB





REGISTERED NUMBER: 11910466 (England and Wales)





ACCOUNTANTS: J & C Accountants Ltd
Wyvols Court
Basingstoke Road
Swallowfield
Reading
Berkshire
RG7 1WY

Chrelaco Limited (Registered number: 11910466)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 502,682 500,492

CURRENT ASSETS
Debtors 5 6,000 2,000
Cash at bank 111,627 103,149
117,627 105,149
CREDITORS
Amounts falling due within one year 6 11,278 12,662
NET CURRENT ASSETS 106,349 92,487
TOTAL ASSETS LESS CURRENT LIABILITIES 609,031 592,979

CREDITORS
Amounts falling due after more than one
year

7

(454,000

)

(454,000

)

PROVISIONS FOR LIABILITIES (5,700 ) -
NET ASSETS 149,331 138,979

Chrelaco Limited (Registered number: 11910466)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 30,000 30,000
Retained earnings 119,231 108,879
149,331 138,979

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 director acknowledges his 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 director and authorised for issue on 29 July 2024 and were signed by:





C B Walton - Director


Chrelaco Limited (Registered number: 11910466)

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

1. STATUTORY INFORMATION

Chrelaco Limited is a private company, limited by shares, registered in England & Wales. The company's registered number is 11910466.The business address and registered office address is Deanayes House, Upper Warren Avenue, Caversham, Reading, RG4 7EB.

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.
Land and buildings - not provided (see below)

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 NIL (2023 - NIL).

Chrelaco Limited (Registered number: 11910466)

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 April 2023 500,492
Additions 2,190
At 31 March 2024 502,682
NET BOOK VALUE
At 31 March 2024 502,682
At 31 March 2023 500,492

Cost or valuation at 31 March 2024 is represented by:

Land and
buildings
£   
Valuation in 2023 30,000
Cost 472,682
502,682

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

31.3.24 31.3.23
£    £   
Cost 465,000 465,000

Investment property was valued on an open market basis on 31 March 2023 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 6,000 2,000

Chrelaco Limited (Registered number: 11910466)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 3,765 5,252
Other creditors 7,513 7,410
11,278 12,662

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 454,000 454,000

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 30,000