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REGISTERED NUMBER: 15204925 (England and Wales)















Unaudited Financial Statements

for the Period 11 October 2023 to 31 October 2024

for

Cheslyn Holdings Ltd

Cheslyn Holdings Ltd (Registered number: 15204925)






Contents of the Financial Statements
for the Period 11 October 2023 to 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cheslyn Holdings Ltd

Company Information
for the Period 11 October 2023 to 31 October 2024







DIRECTORS: M Wilkes
D Wilkes





REGISTERED OFFICE: Unit 9
Zone 3 Smiths Close
Burntwood Business Park
Burntwood
Staffordshire
WS7 3FT





REGISTERED NUMBER: 15204925 (England and Wales)





ACCOUNTANTS: Lexova Accountants Limited
Unit 1 25
CannockChaseEnterpriseCentre
Hednesford
Cannock
Staffordshire
WS12 0QU

Cheslyn Holdings Ltd (Registered number: 15204925)

Balance Sheet
31 October 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 195,466
Investments 5 120
195,586

CURRENT ASSETS
Debtors 6 4,680
Cash in hand 2
4,682
CREDITORS
Amounts falling due within one year 7 87,363
NET CURRENT LIABILITIES (82,681 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,905

CREDITORS
Amounts falling due after more than
one year

8

(80,283

)

PROVISIONS FOR LIABILITIES (32,408 )
NET ASSETS 214

Cheslyn Holdings Ltd (Registered number: 15204925)

Balance Sheet - continued
31 October 2024

Notes £    £   
RESERVES
Retained earnings 214
214

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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.

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 9 July 2025 and were signed on its behalf by:





M Wilkes - Director


Cheslyn Holdings Ltd (Registered number: 15204925)

Notes to the Financial Statements
for the Period 11 October 2023 to 31 October 2024

1. STATUTORY INFORMATION

Cheslyn Holdings Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The significant accounting policies applied in the preparation of these financial statements are
set out below. These policies have been consistently applied to all years presented unless
otherwise stated.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported for assets and liabilities at the
balance sheet date and the amounts reported for revenues and expenses during the year.
However the nature of estimation means that actual outcomes could differ from those
outcomes.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated
impairment losses. Cost includes costs directly attributable to making the asset capable of
operation as intended.

Depreciation is provided on all tangible fixed assets, alt rates calculated to write off the cost,
less estimated residual value, of each asset on a systematic basis over its expected useful life
as follows:

Plant and machinery- 5% cost
Motor vehicles- 25% reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.


Cheslyn Holdings Ltd (Registered number: 15204925)

Notes to the Financial Statements - continued
for the Period 11 October 2023 to 31 October 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 period 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.

Short-term debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in the income
statement in other operating expenses.

Cash and cash equivalents
Cash comprise cash in hand and demand deposits. Cash equivalents are short-term, highly
liquid investments that mature in no more than three months from the date of acquisition and
that are readily convertible to known amounts of cash with an insignificant risk of change in
value.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a
result of a past event, it is probable that an outflow of economic benefits will be required in
settlement and the amount can be reliably estimated.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be
impaired at each balance sheet date. If such indication exists, the recoverable amount of the
asset, or the asset's cash generating unit, is estimated and compared to the carrying amount.
Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised
in profit or loss unless

Cheslyn Holdings Ltd (Registered number: 15204925)

Notes to the Financial Statements - continued
for the Period 11 October 2023 to 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 195,466
At 31 October 2024 195,466
NET BOOK VALUE
At 31 October 2024 195,466

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 120
At 31 October 2024 120
NET BOOK VALUE
At 31 October 2024 120

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 4,680

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 31,777
Other creditors 55,586
87,363

Cheslyn Holdings Ltd (Registered number: 15204925)

Notes to the Financial Statements - continued
for the Period 11 October 2023 to 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Hire purchase contracts 80,283