REGISTERED NUMBER: 04310497 (England and Wales)

Unaudited Financial Statements for the Year Ended 23 October 2024

for

Chapelgrove Waste Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

D Simmonds

REGISTERED OFFICE:

29 Creek Road

Hayling Island

Hampshire

PO11 9QZ

REGISTERED NUMBER:

04310497 (England and Wales)

ACCOUNTANTS:

Moss & Co (Direct Accounts) Limited

Rapley House

29 Creek Road

Hayling Island

Hampshire

PO11 9QZ

FIXED ASSETS

Tangible assets

4

14,501

18,912

CURRENT ASSETS

Debtors

5

13,704

15,474

Cash at bank

9,410

16,740

23,114

32,214

CREDITORS

Amounts falling due within one year

6

21,262

29,060

NET CURRENT ASSETS

1,852

3,154

TOTAL ASSETS LESS CURRENT LIABILITIES

16,353

22,066

PROVISIONS FOR LIABILITIES

2,755

3,593

NET ASSETS

13,598

18,473

CAPITAL AND RESERVES

Called up share capital

7

102

102

Retained earnings

8

13,496

18,371

SHAREHOLDERS' FUNDS

13,598

18,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 23 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 23 October 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 April 2025 and were signed by:

D Simmonds - Director

1.	STATUTORY INFORMATION

Chapelgrove Waste Management 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

at varying rates on cost

Plant and machinery

-

25% on reducing balance

Fixtures & equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year 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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Fixtures

property

machinery

& equipment

£

£

£

COST

At 24 October 2023

and 23 October 2024

11,471

5,796

2,784

DEPRECIATION

At 24 October 2023

7,688

4,092

2,454

Charge for year

628

426

83

At 23 October 2024

8,316

4,518

2,537

NET BOOK VALUE

At 23 October 2024

3,155

1,278

247

At 23 October 2023

3,783

1,704

330

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 24 October 2023

and 23 October 2024

27,608

5,150

52,809

DEPRECIATION

At 24 October 2023

15,223

4,440

33,897

Charge for year

3,096

178

4,411

At 23 October 2024

18,319

4,618

38,308

NET BOOK VALUE

At 23 October 2024

9,289

532

14,501

At 23 October 2023

12,385

710

18,912

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 24 October 2023

and 23 October 2024

25,358

DEPRECIATION

At 24 October 2023

14,660

Charge for year

2,675

At 23 October 2024

17,335

NET BOOK VALUE

At 23 October 2024

8,023

At 23 October 2023

10,698

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

23.10.24

23.10.23

£

£

Trade debtors

13,704

15,474

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

23.10.24

23.10.23

£

£

Hire purchase contracts

9,953

11,956

Trade creditors

-

1,625

Taxation and social security

7,873

11,080

Other creditors

3,436

4,399

21,262

29,060

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

23.10.24

23.10.23

value:

£

£

2

Ordinary A

£1

2

2

100

Ordinary B

£1

100

100

102

102

8.

RESERVES

Retained

earnings

£

At 24 October 2023

18,371

Profit for the year

3,125

Dividends

(8,000

)

At 23 October 2024

13,496

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Simmonds.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 23 October 2024 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Moss & Co (Direct Accounts) Limited

Rapley House

29 Creek Road

Hayling Island

Hampshire

PO11 9QZ

3 April 2025