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REGISTERED NUMBER: 12085327 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Cheshire Quality Homes Limited

Cheshire Quality Homes Limited (Registered number: 12085327)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Cheshire Quality Homes Limited (Registered number: 12085327)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33 44
Investment property 5 195,000 190,000
195,033 190,044

CURRENT ASSETS
Cash at bank 9,002 9,790

CREDITORS
Amounts falling due within one year 6 43,433 38,872
NET CURRENT LIABILITIES (34,431 ) (29,082 )
TOTAL ASSETS LESS CURRENT LIABILITIES 160,602 160,962

CREDITORS
Amounts falling due after more than one year 7 (91,500 ) (91,500 )

PROVISIONS FOR LIABILITIES (13,003 ) (12,053 )
NET ASSETS 56,099 57,409

CAPITAL AND RESERVES
Called up share capital 100 100
Non distributable reserve 9 55,436 51,386
Retained earnings 563 5,923
SHAREHOLDERS' FUNDS 56,099 57,409

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by:




Mr D Hart - Director


Cheshire Quality Homes Limited (Registered number: 12085327)

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

1. STATUTORY INFORMATION

Cheshire Quality Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12085327

Registered office: Springfields
Newcastle Road
Congleton
Cheshire
CW12 4HS

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

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 Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Cheshire Quality Homes Limited (Registered number: 12085327)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2024
and 31 December 2024 137
DEPRECIATION
At 1 January 2024 93
Charge for year 11
At 31 December 2024 104
NET BOOK VALUE
At 31 December 2024 33
At 31 December 2023 44

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 190,000
Revaluations 5,000
At 31 December 2024 195,000
NET BOOK VALUE
At 31 December 2024 195,000
At 31 December 2023 190,000

The investment property was valued on a fair value basis on 31st December 2024 by the directors.

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2021 55,439
Valuation in 2022 500
Valuation in 2023 7,500
Valuation in 2024 5,000
Cost 126,561
195,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 153 794
Other creditors 43,280 38,078
43,433 38,872

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 91,500 91,500

Cheshire Quality Homes Limited (Registered number: 12085327)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 91,500 91,500

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 91,500 91,500

The mortgage is secured over the company property.

9. RESERVES
Non
distributable
reserve
£   
At 1 January 2024 51,386
Bonus share issue 4,050

At 31 December 2024 55,436