Registered number
12362095
Chavilond Limited
Unaudited Filleted Accounts
31 August 2024
Chavilond Limited
Registered number: 12362095
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 86,327 86,325
Current assets
Stocks 12,806,153 12,549,320
Debtors 4 1,104,635 1,049,223
Cash at bank and in hand 4,513 883
13,915,301 13,599,426
Creditors: amounts falling due within one year 5 (13,230,353) (13,360,871)
Net current assets 684,948 238,555
Net assets 771,275 324,880
Capital and reserves
Called up share capital 1 1
Profit and loss account 771,274 324,879
Shareholder's funds 771,275 324,880
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
CW Rook
Director
Approved by the board on 2 April 2025
Chavilond Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is 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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 September 2023 86,325
Additions 2
At 31 August 2024 86,327
The company owns 100% of the Share Capital of 26 Roland Gardens Limited, 11 Royal Cresent Limited, both incorporated in England, and Vifra SAS, a company incorporated in France.
4 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 1,069,419 1,016,418
Other debtors 35,216 32,805
1,104,635 1,049,223
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 243 -
Amounts owed to group undertakings and undertakings in which the company has a participating interest 9,155,109 11,086,108
Taxation and social security costs 148,799 50,139
Other creditors 3,926,202 2,224,624
13,230,353 13,360,871
6 Controlling party
The ultimate holding company is Chralivi Limited.
7 Other information
Chavilond Limited is a private company limited by shares and incorporated in England. Its registered office is:
71 Abbotsbury Road
London
W14 8EL
Chavilond Limited 12362095 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 CW Rook No description of principal activity 12362095 2022-09-01 2023-08-31 12362095 core:WithinOneYear 2023-08-31 12362095 core:ShareCapital 2023-08-31 12362095 core:RetainedEarningsAccumulatedLosses 2023-08-31 12362095 2023-09-01 2024-08-31 12362095 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12362095 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12362095 bus:Director40 2023-09-01 2024-08-31 12362095 1 2023-09-01 2024-08-31 12362095 2 2023-09-01 2024-08-31 12362095 countries:England 2023-09-01 2024-08-31 12362095 bus:FRS102 2023-09-01 2024-08-31 12362095 bus:FilletedAccounts 2023-09-01 2024-08-31 12362095 2024-08-31 12362095 core:WithinOneYear 2024-08-31 12362095 core:ShareCapital 2024-08-31 12362095 core:RetainedEarningsAccumulatedLosses 2024-08-31 12362095 core:AdditionsToInvestments 2024-08-31 12362095 2023-08-31 iso4217:GBP xbrli:pure