| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 11 October 2023 to 31 October 2024 |
| for |
| Cheslyn Holdings Ltd |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| Cheslyn Holdings Ltd (Registered number: 15204925) |
| Balance Sheet - continued |
| 31 October 2024 |
| Notes | £ | £ |
| RESERVES |
| Retained earnings |
| 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 were approved by the Board of Directors and authorised for issue on |
| 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 |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| At 31 October 2024 |
| NET BOOK VALUE |
| At 31 October 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| Additions |
| At 31 October 2024 |
| NET BOOK VALUE |
| At 31 October 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Hire purchase contracts |
| Other creditors |
| 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 |