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REGISTERED NUMBER: 07096664 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CHEDZOY AND GOTHARD LIMITED

CHEDZOY AND GOTHARD LIMITED (REGISTERED NUMBER: 07096664)






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


CHEDZOY AND GOTHARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs S E Gothard
A W H Gothard





REGISTERED OFFICE: St John's House
Castle Street
Taunton
Somerset
TA1 4AY





REGISTERED NUMBER: 07096664 (England and Wales)





ACCOUNTANTS: Mitchells Chartered Accountants
St. John's House,
Castle Street,
Taunton
Somerset
TA1 4AY

CHEDZOY AND GOTHARD LIMITED (REGISTERED NUMBER: 07096664)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 176,639 162,341

CURRENT ASSETS
Debtors 5 275,566 191,266

CREDITORS
Amounts falling due within one year 6 24,949 9,013
NET CURRENT ASSETS 250,617 182,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

427,256

344,594

PROVISIONS FOR LIABILITIES 7 39,373 30,845
NET ASSETS 387,883 313,749

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 8 387,483 313,349
SHAREHOLDERS' FUNDS 387,883 313,749

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.

CHEDZOY AND GOTHARD LIMITED (REGISTERED NUMBER: 07096664)

BALANCE SHEET - continued
31 MARCH 2024



The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2025 and were signed on its behalf by:





A W H Gothard - Director


CHEDZOY AND GOTHARD LIMITED (REGISTERED NUMBER: 07096664)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Chedzoy and Gothard 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 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.
Plant and machinery etc - 15% 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.

3. EMPLOYEES AND DIRECTORS

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

CHEDZOY AND GOTHARD LIMITED (REGISTERED NUMBER: 07096664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 385,990
Additions 50,525
At 31 March 2024 436,515
DEPRECIATION
At 1 April 2023 223,649
Charge for year 36,227
At 31 March 2024 259,876
NET BOOK VALUE
At 31 March 2024 176,639
At 31 March 2023 162,341

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 275,566 191,266

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 19,846 4,059
Other creditors 5,103 4,954
24,949 9,013

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 39,373 30,845

Deferred
tax
£   
Balance at 1 April 2023 30,845
Provided during year 8,528
Balance at 31 March 2024 39,373

CHEDZOY AND GOTHARD LIMITED (REGISTERED NUMBER: 07096664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. RESERVES
Retained
earnings
£   

At 1 April 2023 313,349
Profit for the year 74,964
Dividends (830 )
At 31 March 2024 387,483

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors are both members of the partnership with which the company has traded. They, therefore, have an interest in all of the transactions of the company. All transactions take place on an open market basis.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £830 (2023 - £1,820) were paid to the directors .

The ultimate controlling parties are the directors who hold all of the issued share capital. The directors - Mrs S. E. Gothard and A. W. H. Gothard were related parties, being members of the Chedzoy and Gothard partnership
with which the company has traded during the year. They, therefore, have an interest in all of the transactions of the company. All transactions take place on an open market basis .

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors who hold all of the issued share capital.