BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity during the period under review was rental of commercial property. 20 May 2025 4 4 05163398 2024-12-31 05163398 2023-12-31 05163398 2022-12-31 05163398 2024-01-01 2024-12-31 05163398 2023-01-01 2023-12-31 05163398 uk-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 05163398 uk-curr:PoundSterling 2024-01-01 2024-12-31 05163398 uk-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05163398 uk-bus:FullAccounts 2024-01-01 2024-12-31 05163398 uk-bus:Director1 2024-01-01 2024-12-31 05163398 uk-bus:Director2 2024-01-01 2024-12-31 05163398 uk-bus:Director3 2024-01-01 2024-12-31 05163398 uk-bus:Director4 2024-01-01 2024-12-31 05163398 uk-bus:CompanySecretary1 2024-01-01 2024-12-31 05163398 uk-bus:RegisteredOffice 2024-01-01 2024-12-31 05163398 uk-bus:Agent1 2024-01-01 2024-12-31 05163398 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 05163398 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 05163398 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 05163398 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 05163398 uk-bus:FRS102 2024-01-01 2024-12-31 05163398 uk-core:WithinOneYear 2024-12-31 05163398 uk-core:WithinOneYear 2023-12-31 05163398 uk-core:WithinOneYear 2024-12-31 05163398 uk-core:WithinOneYear 2023-12-31 05163398 uk-core:AfterOneYear 2024-12-31 05163398 uk-core:AfterOneYear 2023-12-31 05163398 uk-core:BetweenOneTwoYears 2024-12-31 05163398 uk-core:BetweenOneTwoYears 2023-12-31 05163398 uk-core:BetweenTwoFiveYears 2024-12-31 05163398 uk-core:BetweenTwoFiveYears 2023-12-31 05163398 2024-01-01 2024-12-31 05163398 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 05163398
 
 
Cheadle St. Marys Limited
(A company limited by guarantee, not having a share capital)
 
Unaudited Financial Statements
 
for the financial year ended 31 December 2024
Cheadle St. Marys Limited
(A company limited by guarantee, not having a share capital)
DIRECTORS AND OTHER INFORMATION

 
Directors J L Berry
N G R Hayward-Shott
S M Hogg (Resigned 21 March 2025)
M D Winton
 
 
Company Secretary S P Mealand
 
 
Company Registration Number 05163398
 
 
Registered Office and Business Address Parish Office
11 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1DW
 
 
Accountants Langers
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY



Cheadle St. Marys Limited
(A company limited by guarantee, not having a share capital)
Company Registration Number: 05163398
BALANCE SHEET
as at 31 December 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 695,000 695,000
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Current Assets
Cash and cash equivalents 35,950 56,469
Creditors: amounts falling due within one year 5 (50,282) (56,893)
───────── ─────────
Net Current Liabilities (14,332) (424)
───────── ─────────
Total Assets less Current Liabilities 680,668 694,576
 
Creditors:
amounts falling due after more than one year 6 - (82,499)
───────── ─────────
Net Assets 680,668 612,077
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Reserves
Statement of income and retained earnings 680,668 612,077
───────── ─────────
Equity attributable to owners of the company 680,668 612,077
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings and Directors' Report.
           
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 20 May 2025 and signed on its behalf by
           
           
________________________________          
N G R Hayward-Shott          
Director          
           



Cheadle St. Marys Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2024

   
1. General Information
 
Cheadle St. Marys Limited is a company limited by guarantee incorporated and registered in England. The registered number of the company is 05163398. The registered office of the company is Parish Office, 11 Wilmslow Road, Cheadle, Stockport, Cheshire, SK8 1DW which is also the principal place of business of the company. The principal activity during the period under review was rental of commercial property. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Statement of Income and Retained Earnings as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Statement of Income and Retained Earnings.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 4, (2023 - 4).
 
  2024 2023
  Number Number
 
Directors 4 4
  ═════════ ═════════
       
4. Tangible assets
  Investment Total
  properties  
     
  £ £
Cost
At 1 January 2024 695,000 695,000
  ───────── ─────────
 
At 31 December 2024 695,000 695,000
  ───────── ─────────
Depreciation
At 1 January 2024 - -
  ───────── ─────────
At 31 December 2024 - -
  ───────── ─────────
Net book value
At 31 December 2024 695,000 695,000
  ═════════ ═════════
At 31 December 2023 695,000 695,000
  ═════════ ═════════
 
The Company's long leasehold was valued by Colliers International Valuation UK LLP in October 2021 at £695,000. The directors have reviewed the local commercial property market and in their opinion that valuation is still reasonable as at 31 December 2024.
       
5. Creditors 2024 2023
Amounts falling due within one year £ £
 
Bank loan 29,826 32,401
Taxation  (Note 7) 19,574 17,768
Accruals and deferred income 882 6,724
  ───────── ─────────
  50,282 56,893
  ═════════ ═════════
       
6. Creditors 2024 2023
Amounts falling due after more than one year £ £
 
Bank loan - 82,499
  ═════════ ═════════
 
Loans
Repayable in one year or less, or on demand (Note 5) 29,826 32,401
Repayable between one and two years - 34,880
Repayable between two and five years - 47,619
  ───────── ─────────
  29,826 114,900
  ═════════ ═════════
 
 
The bank loan, made on 10 March 2017, is secured by a mortgage and fixed charge over the leasehold property at 11a Wilmslow Road, Cheadle, SK8 1DW, together with a floating charge over the undertaking, property and assets of the company. Repayments are to be made on a capital and interest basis by regular payments over a period not exceeding 120 months. Interest is chargeable at 2.25% over Unity Trust Bank Plc base rate.
       
7. Taxation 2024 2023
  £ £
 
Creditors:
Corporation tax 19,574 17,768
  ═════════ ═════════
       
8. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2024.
   
9. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.