| REGISTERED NUMBER: |
| CHARNWOOD PROPERTY (UK) LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| REGISTERED NUMBER: |
| CHARNWOOD PROPERTY (UK) LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 |
| CHARNWOOD PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06508538) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 28 February 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CHARNWOOD PROPERTY (UK) LIMITED |
| COMPANY INFORMATION |
| for the year ended 28 February 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Vernon House |
| 40 New North Road |
| Huddersfield |
| West Yorkshire |
| HD1 5LS |
| CHARNWOOD PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06508538) |
| BALANCE SHEET |
| 28 February 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Non distributable reserve | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| CHARNWOOD PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06508538) |
| BALANCE SHEET - continued |
| 28 February 2025 |
| The financial statements were approved by the director and authorised for issue on |
| CHARNWOOD PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06508538) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 28 February 2025 |
| 1. | STATUTORY INFORMATION |
| Charnwood Property (Uk) 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 is derived from rental income, which is recognised on an accruals basis excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| Financial instruments |
| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. |
| Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs. |
| Financial liabilities are classified depending on the substance of the contractual arrangements entered into. |
| Basic financial liabilities, including other creditors and accruals, are initially recognised at transaction price. |
| Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| CHARNWOOD PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06508538) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 28 February 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 29 February 2024 |
| and 28 February 2025 |
| DEPRECIATION |
| At 29 February 2024 |
| and 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 29 February 2024 |
| and 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| At 28 February 2024 |
| Fair value at 28 February 2025 is represented by: |
| £ |
| Valuation in 2025 | 525,000 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 475,000 | 475,000 |
| Investment property was valued on an open market basis on 28 February 2025 by the director . |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| CHARNWOOD PROPERTY (UK) LIMITED (REGISTERED NUMBER: 06508538) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 28 February 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | RESERVES |
| Non |
| distributable |
| reserve |
| £ |
| At 29 February 2024 |
| and 28 February 2025 |
| 9. | RELATED PARTY DISCLOSURES |
| Loans owing to the director on an interest free basis of £290,908 (2024: £290,908) were outstanding at the year end, the amounts are repayable on demand. |
| Creditors includes a £5,178 loan from Alpha Data Ltd, and £12,406 loan from My Property (Sales) Ltd which are companies owned by the director of Charnwood Property (Uk) Ltd. The loans are interest free and are repayable on demand. |