REGISTERED NUMBER: |
J.W. CHALLIS & CO. LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
REGISTERED NUMBER: |
J.W. CHALLIS & CO. LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
J.W. CHALLIS & CO. LIMITED (REGISTERED NUMBER: 01296541) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
J.W. CHALLIS & CO. LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
King Arthur’s Court |
Maidstone Road |
Charing |
Kent |
TN27 0JS |
J.W. CHALLIS & CO. LIMITED (REGISTERED NUMBER: 01296541) |
BALANCE SHEET |
31 AUGUST 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 7 |
Capital redemption reserve | 7 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
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 were approved by the director and authorised for issue on |
J.W. CHALLIS & CO. LIMITED (REGISTERED NUMBER: 01296541) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2024 |
1. | STATUTORY INFORMATION |
J.W. Challis & Co. Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
At 1 September 2023 |
and 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 31 August 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Corporation Tax |
Directors' current accounts | 60,920 | 63,554 |
Accrued expenses |
J.W. CHALLIS & CO. LIMITED (REGISTERED NUMBER: 01296541) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2024 |
6. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2023 |
£ | £ |
Debenture comprising fixed and floating charges over all the assets and undertakings of J W Challis & Co Limited including all present and future freehold and leasehold property, book and other debts, chattel, goodwill and uncalled capital, both present and future. |
First legal mortgage over the freehold property of J W Challis & Co Limited known as Unit 45a, Joseph Wilson Industrial Estate, Millstrood Road, Whitstable, Kent. |
7. | RESERVES |
Capital |
Retained | Revaluation | redemption |
earnings | reserve | reserve | Totals |
£ | £ | £ | £ |
At 1 September 2023 | 99,645 |
Profit for the year |
Dividends | ( |
) | ( |
) |
At 31 August 2024 | 106,291 |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mr C J King. |
The ultimate controlling party is |
The company is ultimately controlled by Mr C King, a director and majority shareholder of the company. |