C HANLON FACILITIES MANAGEMENT LTD

Company Registration Number:
SC246704 (Scotland)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

C HANLON FACILITIES MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

C HANLON FACILITIES MANAGEMENT LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 2,850,000 0
Tangible assets: 4 724,612 307,480
Investments:   0 0
Total fixed assets: 3,574,612 307,480
Current assets
Stocks: 690,114 2,287,903
Debtors:   1,235,031 2,237,473
Cash at bank and in hand: 292,750 255,470
Total current assets: 2,217,895 4,780,846
Creditors: amounts falling due within one year:   (7,324,621) (2,739,452)
Net current assets (liabilities): (5,106,726) 2,041,394
Total assets less current liabilities: (1,532,114) 2,348,874
Creditors: amounts falling due after more than one year:   (185,444) (247,171)
Provision for liabilities: 0 (167)
Total net assets (liabilities): (1,717,558) 2,101,536
Capital and reserves
Called up share capital: 155 155
Share premium account: 45 45
Profit and loss account: (1,717,758) 2,101,336
Shareholders funds: (1,717,558) 2,101,536

The notes form part of these financial statements

C HANLON FACILITIES MANAGEMENT LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 February 2025
and signed on behalf of the board by:

Name: Rajinder Kumar
Status: Director

The notes form part of these financial statements

C HANLON FACILITIES MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

C HANLON FACILITIES MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 63 160

C HANLON FACILITIES MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 0
Additions 2,850,000
Disposals 0
At 28 February 2024 2,850,000
Amortisation
At 01 March 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 28 February 2024 0
Net book value
At 28 February 2024 2,850,000
At 28 February 2023 0

C HANLON FACILITIES MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 1,197,965
Additions 651,000
At 28 February 2024 1,848,965
Depreciation
At 01 March 2023 890,485
Other adjustments 233,868
At 28 February 2024 1,124,353
Net book value
At 28 February 2024 724,612
At 28 February 2023 307,480