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REGISTERED NUMBER: 14082978 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

House Chambo Ltd

House Chambo Ltd (Registered number: 14082978)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


House Chambo Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mark A Chambers
Carina M Chambers





SECRETARY: GetGround Secretary Limited





REGISTERED OFFICE: C/o Getground
1 Lyric Square
London
W6 0NB





REGISTERED NUMBER: 14082978 (England and Wales)






House Chambo Ltd (Registered number: 14082978)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111,881 112,446
Investment property 5 113,011 113,011
224,892 225,457

CURRENT ASSETS
Debtors 6 1,626 517
Cash at bank 1,832 2,356
3,458 2,873
CREDITORS
Amounts falling due within one year 7 73,237 76,830
NET CURRENT LIABILITIES (69,779 ) (73,957 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,113

151,500

CREDITORS
Amounts falling due after more than
one year

8

163,105

163,105
NET LIABILITIES (7,992 ) (11,605 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,092 ) (11,705 )
(7,992 ) (11,605 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

House Chambo Ltd (Registered number: 14082978)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 17 February 2025 and were signed on its behalf by:





Mark A Chambers - Director


House Chambo Ltd (Registered number: 14082978)

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

1. STATUTORY INFORMATION

House Chambo Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Freehold property - in accordance with the property

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
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.

House Chambo Ltd (Registered number: 14082978)

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

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 June 2023
and 31 May 2024 113,011
DEPRECIATION
At 1 June 2023 565
Charge for year 565
At 31 May 2024 1,130
NET BOOK VALUE
At 31 May 2024 111,881
At 31 May 2023 112,446

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 113,011
NET BOOK VALUE
At 31 May 2024 113,011
At 31 May 2023 113,011

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 1,511 417
Other debtors 100 100
Prepayments and accrued income 15 -
1,626 517

House Chambo Ltd (Registered number: 14082978)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Directors' current accounts 73,156 75,930
Accruals and deferred income 81 900
73,237 76,830

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans more 5 yrs non-inst 163,105 163,105

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 163,105 163,105

9. ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.