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REGISTERED NUMBER: 07268874 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHELWORTH LIMITED

CHELWORTH LIMITED (REGISTERED NUMBER: 07268874)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHELWORTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J J Blanch
Mrs J A Blanch





SECRETARY: Mrs J A Blanch





REGISTERED OFFICE: Chelworth
Malmesbury
Wiltshire
SN16 9SG





REGISTERED NUMBER: 07268874 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

CHELWORTH LIMITED (REGISTERED NUMBER: 07268874)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 111,671 173,059

CURRENT ASSETS
Debtors 5 121,713 114,516
Cash at bank - 14,197
121,713 128,713
CREDITORS
Amounts falling due within one year 6 46,204 48,211
NET CURRENT ASSETS 75,509 80,502
TOTAL ASSETS LESS CURRENT
LIABILITIES

187,180

253,561

CREDITORS
Amounts falling due after more than one
year

7

-

(25,208

)

PROVISIONS FOR LIABILITIES (7,220 ) (19,878 )
NET ASSETS 179,960 208,475

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 179,952 208,467
SHAREHOLDERS' FUNDS 179,960 208,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CHELWORTH LIMITED (REGISTERED NUMBER: 07268874)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:





J J Blanch - Director


CHELWORTH LIMITED (REGISTERED NUMBER: 07268874)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Chelworth 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.
Plant and machinery etc - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

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

CHELWORTH LIMITED (REGISTERED NUMBER: 07268874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 73,671 318,178 391,849
Disposals - (77,700 ) (77,700 )
At 31 December 2024 73,671 240,478 314,149
DEPRECIATION
At 1 January 2024 - 218,790 218,790
Charge for year - 45,848 45,848
Eliminated on disposal - (62,160 ) (62,160 )
At 31 December 2024 - 202,478 202,478
NET BOOK VALUE
At 31 December 2024 73,671 38,000 111,671
At 31 December 2023 73,671 99,388 173,059

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

Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 95,000
DEPRECIATION
At 1 January 2024 38,000
Charge for year 19,441
At 31 December 2024 57,441
NET BOOK VALUE
At 31 December 2024 37,559
At 31 December 2023 57,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 58,725 66,528
Other debtors 62,988 47,988
121,713 114,516

CHELWORTH LIMITED (REGISTERED NUMBER: 07268874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 4,595 -
Hire purchase contracts 25,208 27,500
Trade creditors 11,459 382
Taxation and social security 1,782 15,389
Other creditors 3,160 4,940
46,204 48,211

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts - 25,208