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REGISTERED NUMBER: 04363699 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Chalkhills Wiltshire Limited

Chalkhills Wiltshire Limited (Registered number: 04363699)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Chalkhills Wiltshire Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: C D Spanswick





REGISTERED OFFICE: Hermes House
Fire Fly Avenue
Swindon
Wiltshire
SN2 2GA





REGISTERED NUMBER: 04363699 (England and Wales)

Chalkhills Wiltshire Limited (Registered number: 04363699)

Abridged Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 178 265
Investment property 5 429,206 699,206
429,384 699,471

CURRENT ASSETS
Debtors 274,138 266,588
Cash at bank 20,190 1
294,328 266,589
CREDITORS
Amounts falling due within one year 434,891 481,428
NET CURRENT LIABILITIES (140,563 ) (214,839 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

288,821

484,632

CREDITORS
Amounts falling due after more than one
year

6

(104,264

)

(270,482

)

PROVISIONS FOR LIABILITIES (45,415 ) (36,452 )
NET ASSETS 139,142 177,698

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 139,140 177,696
SHAREHOLDERS' FUNDS 139,142 177,698

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

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

Chalkhills Wiltshire Limited (Registered number: 04363699)

Abridged Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 March 2025 and were signed by:





C D Spanswick - Director


Chalkhills Wiltshire Limited (Registered number: 04363699)

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

1. STATUTORY INFORMATION

Chalkhills Wiltshire 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 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.
Office equipment - 33% 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 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 6,510
DEPRECIATION
At 1 April 2023 6,245
Charge for year 87
At 31 March 2024 6,332
NET BOOK VALUE
At 31 March 2024 178
At 31 March 2023 265

Chalkhills Wiltshire Limited (Registered number: 04363699)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 699,206
Disposals (270,000 )
At 31 March 2024 429,206
NET BOOK VALUE
At 31 March 2024 429,206
At 31 March 2023 699,206

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2012 106,483
Valuation in 2015 15,000
Valuation in 2016 27,500
Valuation in 2017 12,500
Valuation in 2018 105,000
Valuation in 2019 (85,000 )
Cost 247,723
429,206

If Investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 247,723 500,248

Investment property was valued on an open market basis on 31 March 2023 by C D Spanswick .

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 84,370 251,398

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 10,529 8,964
Bank loans 108,699 274,737
119,228 283,701

Chalkhills Wiltshire Limited (Registered number: 04363699)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
C D Spanswick
Balance outstanding at start of year 10,904 11,857
Amounts advanced 8,334 -
Amounts repaid - (953 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,238 10,904