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Company Registration No. 10596333 (England and Wales)
Chalfont Construction Limited Unaudited accounts for the year ended 28 February 2025
Chalfont Construction Limited Unaudited accounts Contents
Page
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Chalfont Construction Limited Company Information for the year ended 28 February 2025
Director
Mr A Browne
Company Number
10596333 (England and Wales)
Registered Office
Tithe House Gold Hill North Chalfont St. Peter Gerrards Cross Buckinghamshire SL9 9DS England
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Chalfont Construction Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,183 
50,903 
Current assets
Debtors
237,133 
15,072 
Cash at bank and in hand
41,888 
2,698 
279,021 
17,770 
Creditors: amounts falling due within one year
(116,595)
(77,077)
Net current assets/(liabilities)
162,426 
(59,307)
Total assets less current liabilities
196,609 
(8,404)
Provisions for liabilities
Deferred tax
- 
(8,113)
Net assets/(liabilities)
196,609 
(16,517)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
196,509 
(16,617)
Shareholders' funds
196,609 
(16,517)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 March 2025 and were signed on its behalf by
Mr A Browne Director Company Registration No. 10596333
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Chalfont Construction Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Chalfont Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 10596333. The registered office is Tithe House Gold Hill North, Chalfont St. Peter, Gerrards Cross, Buckinghamshire, SL9 9DS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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Chalfont Construction Limited Notes to the Accounts for the year ended 28 February 2025
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on the taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expenses that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow form the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2024
55,519 
63,752 
417 
119,688 
Additions
11,429 
6,000 
- 
17,429 
Revaluations
(7,072)
- 
- 
(7,072)
Disposals
- 
(10,005)
- 
(10,005)
At 28 February 2025
59,876 
59,747 
417 
120,040 
Depreciation
At 1 March 2024
34,714 
33,785 
286 
68,785 
Charge for the year
9,641 
9,764 
104 
19,509 
Surplus on revaluation
(2,020)
- 
- 
(2,020)
On disposals
- 
(417)
- 
(417)
At 28 February 2025
42,335 
43,132 
390 
85,857 
Net book value
At 28 February 2025
17,541 
16,615 
27 
34,183 
At 29 February 2024
20,805 
29,967 
131 
50,903 
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Chalfont Construction Limited Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
44,241 
- 
Trade debtors
176,088 
15,072 
Other debtors
16,804 
- 
237,133 
15,072 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
6,624 
5,915 
VAT
- 
835 
Trade creditors
- 
884 
Taxes and social security
85,343 
(2,250)
Other creditors
9,807 
19,589 
Loans from directors
14,697 
49,845 
Accruals
124 
2,259 
116,595 
77,077 
7
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
- 
8,113 
2025 
2024 
£ 
£ 
Provision at start of year
8,113 
- 
(Credited)/charged to the profit and loss account
(8,113)
8,113 
Provision at end of year
- 
8,113 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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