REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
31 MARCH 2023 TO 28 SEPTEMBER 2024 |
FOR |
CHRISANDMELL LIMITED |
REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
31 MARCH 2023 TO 28 SEPTEMBER 2024 |
FOR |
CHRISANDMELL LIMITED |
CHRISANDMELL LIMITED (REGISTERED NUMBER: 06108474) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2023 TO 28 SEPTEMBER 2024 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
CHRISANDMELL LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 31 MARCH 2023 TO 28 SEPTEMBER 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
www.michaelfiliou.com |
Salisbury House |
81 High Street |
Potters Bar |
Hertfordshire |
EN6 5AS |
CHRISANDMELL LIMITED (REGISTERED NUMBER: 06108474) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
28 SEPTEMBER 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 6 | ( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Fair value reserve | 11 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
CHRISANDMELL LIMITED (REGISTERED NUMBER: 06108474) |
ABRIDGED STATEMENT OF FINANCIAL POSITION - continued |
28 SEPTEMBER 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
CHRISANDMELL LIMITED (REGISTERED NUMBER: 06108474) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2023 TO 28 SEPTEMBER 2024 |
1. | STATUTORY INFORMATION |
Chrisandmell Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rents receivable. |
Tangible fixed assets |
Fixtures and fittings | - |
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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was |
CHRISANDMELL LIMITED (REGISTERED NUMBER: 06108474) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 MARCH 2023 TO 28 SEPTEMBER 2024 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 31 March 2023 |
and 28 September 2024 |
DEPRECIATION |
At 31 March 2023 |
Charge for period |
At 28 September 2024 |
NET BOOK VALUE |
At 28 September 2024 |
At 30 March 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 31 March 2023 |
and 28 September 2024 |
NET BOOK VALUE |
At 28 September 2024 |
At 30 March 2023 |
Fair value at 28 September 2024 is represented by: |
£ |
Valuation in 2022 | 435,115 |
Cost | 264,885 |
700,000 |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
2024 | 2023 |
£ | £ |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst |
CHRISANDMELL LIMITED (REGISTERED NUMBER: 06108474) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 MARCH 2023 TO 28 SEPTEMBER 2024 |
7. | LOANS |
An analysis of the maturity of loans is given below: |
2024 | 2023 |
£ | £ |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Bank loans more 5 yrs non-inst | 245,000 | 155,000 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2023 |
£ | £ |
Bank loans |
9. | PROVISIONS FOR LIABILITIES |
2024 | 2023 |
£ | £ |
Deferred tax | 108,779 | 108,779 |
Deferred |
tax |
£ |
Balance at 31 March 2023 |
Balance at 28 September 2024 |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 229 | 229 |
11. | RESERVES |
Fair |
value |
reserve |
£ |
At 31 March 2023 |
and 28 September 2024 |
CHRISANDMELL LIMITED (REGISTERED NUMBER: 06108474) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 MARCH 2023 TO 28 SEPTEMBER 2024 |
12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
Director's loan account overdrawn balance of £18,286 was fully repaid on 12 January 2025. |
13. | ULTIMATE CONTROLLING PARTY |
The controlling party is the directors. |
The company is under the control of the directors who between them hold over 50% of the issued share capital.The remaining shares are held by their three children. |