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REGISTERED NUMBER: 09614939 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Chatham Capital Limited

Chatham Capital Limited (Registered number: 09614939)






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


Chatham Capital Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: C Milner





SECRETARY: A Milner





REGISTERED OFFICE: 3 - 5 College Street
Nottingham
Nottinghamshire
NG1 5AQ





REGISTERED NUMBER: 09614939 (England and Wales)

Chatham Capital Limited (Registered number: 09614939)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 521,000 224,519

CURRENT ASSETS
Debtors 5 111 -
Cash at bank and in hand 20,844 6,724
20,955 6,724
CREDITORS
Amounts falling due within one year 6 202,593 199,910
NET CURRENT LIABILITIES (181,638 ) (193,186 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

339,362

31,333

PROVISIONS FOR LIABILITIES 24,034 -
NET ASSETS 315,328 31,333

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 272,447 -
Retained earnings 42,781 31,233
SHAREHOLDERS' FUNDS 315,328 31,333

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 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.

Chatham Capital Limited (Registered number: 09614939)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





C Milner - Director


Chatham Capital Limited (Registered number: 09614939)

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

1. STATUTORY INFORMATION

Chatham Capital 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 preparation
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.

Turnover
Turnover represents rents receivable for the period.

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 Statement of Income and Retained Earnings, 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.

Going concern
The Directors have reviewed the company's position and believe there is a reasonable expectation that the company will have adequate resources to continue in operations for at least 12 months from the date of signing these financial statement. The Directors therefore have adopted the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

Chatham Capital Limited (Registered number: 09614939)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 224,519
Revaluations 296,481
At 31 May 2024 521,000
NET BOOK VALUE
At 31 May 2024 521,000
At 31 May 2023 224,519

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 296,481
Cost 224,519
521,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 111 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,613 -
Other creditors 199,980 199,910
202,593 199,910

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Directors loan 198,360 198,360

Amounts included in other creditors are secured by way of fixed and floating charge over the assets of the business.

Chatham Capital Limited (Registered number: 09614939)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Revaluation
reserve
£   
Revaluations 296,481
Deferred tax (24,034 )

At 31 May 2024 272,447

10. RELATED PARTY DISCLOSURES

At the balance sheet date, included in other creditors is a loan of £198,360 (2023 - £198,360) which is due to the director of the company. This loan is not interest bearing.