Acorah Software Products - Accounts Production 16.1.300 false true false 9 June 2023 30 June 2024 30 June 2024 14926918 Mr M K Cordey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14926918 2023-06-08 14926918 2024-06-30 14926918 2023-06-09 2024-06-30 14926918 frs-core:CurrentFinancialInstruments 2024-06-30 14926918 frs-core:SharePremium 2024-06-30 14926918 frs-core:ShareCapital 2024-06-30 14926918 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14926918 frs-bus:PrivateLimitedCompanyLtd 2023-06-09 2024-06-30 14926918 frs-bus:FilletedAccounts 2023-06-09 2024-06-30 14926918 frs-bus:SmallEntities 2023-06-09 2024-06-30 14926918 frs-bus:AuditExempt-NoAccountantsReport 2023-06-09 2024-06-30 14926918 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-09 2024-06-30 14926918 frs-core:CostValuation 2023-06-08 14926918 frs-core:AdditionsToInvestments 2024-06-30 14926918 frs-core:CostValuation 2024-06-30 14926918 frs-core:ProvisionsForImpairmentInvestments 2023-06-08 14926918 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 14926918 frs-bus:Director1 2023-06-09 2024-06-30 14926918 frs-countries:EnglandWales 2023-06-09 2024-06-30 14926918 frs-core:Subsidiary1 2023-06-09 2024-06-30 14926918 frs-core:Subsidiary1 1 2023-06-09 2024-06-30
Registered number: 14926918
Chalbrook Holdings Limited
Financial Statements
For the Period 9 June 2023 to 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14926918
30 June 2024
Notes £ £
FIXED ASSETS
Investments 4 899,123
899,123
CURRENT ASSETS
Debtors 5 1
1
Creditors: Amounts Falling Due Within One Year 6 (126,389 )
NET CURRENT ASSETS (LIABILITIES) (126,388 )
TOTAL ASSETS LESS CURRENT LIABILITIES 772,735
NET ASSETS 772,735
CAPITAL AND RESERVES
Called up share capital 7 34
Share premium account 440,614
Profit and Loss Account 332,087
SHAREHOLDERS' FUNDS 772,735
Page 1
Page 2
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr M K Cordey
Director
3 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Chalbrook Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14926918 . The registered office is Yew Tree House, Lewes Road, Forest Row, East Sussex, RH18 5AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investments
Investments in subsidiaries are measured at cost less accumulated impairment.
2.3. Financial Instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.
Impairment of financial assets
Financial assets are assessed for indicators of impairment at each reporting date.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Financial liabilities
...CONTINUED
Page 3
Page 4
2.3. Financial Instruments - continued
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investments
Subsidiaries
£
Cost
As at 9 June 2023 -
Additions 899,123
As at 30 June 2024 899,123
Provision
As at 9 June 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 899,123
As at 9 June 2023 -
Subsidiaries
Details of the company's subsidiaries as at 30 June 2024 are as follows:
Name of undertaking Registered Office Class of shares held Direct holding Indirect holding
Chalbrook Services Limited Yew Tree House, Forest Row, RH18 5AA Ordinary shares 100.00% -
Page 4
Page 5
5. Debtors
30 June 2024
£
Due within one year
Other debtors 1
6. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Amounts owed to group undertakings 4,095
Other creditors 122,026
Taxation and social security 268
126,389
7. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 34
Page 5