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REGISTERED NUMBER: 07599711 (England and Wales)













Chiltern Timber Limited

Unaudited Financial Statements

for the Period 1 June 2023 to 30 November 2024






Chiltern Timber Limited (Registered number: 07599711)






Contents of the Financial Statements
for the period 1 June 2023 to 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chiltern Timber Limited

Company Information
for the period 1 June 2023 to 30 November 2024







DIRECTOR: P Rushbrooke





REGISTERED OFFICE: Lymore Villa
162A London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB





REGISTERED NUMBER: 07599711 (England and Wales)





ACCOUNTANTS: Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB

Chiltern Timber Limited (Registered number: 07599711)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 7,200
Tangible assets 5 2,270 23,487
2,270 30,687

CURRENT ASSETS
Stocks - 1,495
Debtors 6 10,000 20,513
Cash at bank and in hand 281 100
10,281 22,108
CREDITORS
Amounts falling due within one year 7 12,717 28,848
NET CURRENT LIABILITIES (2,436 ) (6,740 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(166

)

23,947

CREDITORS
Amounts falling due after more than one
year

8

-

6,500
NET (LIABILITIES)/ASSETS (166 ) 17,447

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (167 ) 17,446
SHAREHOLDERS' FUNDS (166 ) 17,447

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

Chiltern Timber Limited (Registered number: 07599711)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2025 and were signed by:





P Rushbrooke - Director


Chiltern Timber Limited (Registered number: 07599711)

Notes to the Financial Statements
for the period 1 June 2023 to 30 November 2024

1. STATUTORY INFORMATION

Chiltern Timber 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.

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.

Turnover
Turnover represents net invoice value of goods / services provided, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

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

Chiltern Timber Limited (Registered number: 07599711)

Notes to the Financial Statements - continued
for the period 1 June 2023 to 30 November 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023 18,000
Disposals (18,000 )
At 30 November 2024 -
AMORTISATION
At 1 June 2023 10,800
Charge for period 1,350
Eliminated on disposal (12,150 )
At 30 November 2024 -
NET BOOK VALUE
At 30 November 2024 -
At 31 May 2023 7,200

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023 40,992 666 3,000 44,658
Additions 4,596 - - 4,596
Disposals (35,078 ) - (3,000 ) (38,078 )
At 30 November 2024 10,510 666 - 11,176
DEPRECIATION
At 1 June 2023 17,899 572 2,700 21,171
Charge for period 6,038 21 113 6,172
Eliminated on disposal (15,624 ) - (2,813 ) (18,437 )
At 30 November 2024 8,313 593 - 8,906
NET BOOK VALUE
At 30 November 2024 2,197 73 - 2,270
At 31 May 2023 23,093 94 300 23,487

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 20,513
Other debtors 10,000 -
10,000 20,513

Chiltern Timber Limited (Registered number: 07599711)

Notes to the Financial Statements - continued
for the period 1 June 2023 to 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 6,348
Trade creditors 2,883 13,805
Taxation and social security 6,024 5,139
Other creditors 3,810 3,556
12,717 28,848

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 6,500

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2024 and the year ended 31 May 2023:

2024 2023
£    £   
P Rushbrooke
Balance outstanding at start of period (66 ) (35 )
Amounts advanced 23,705 24,069
Amounts repaid (13,639 ) (24,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 10,000 (66 )

The directors loan account at 30 November 2024 of £10,000 was interest free and fully repaid within 9 months.