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REGISTERED NUMBER: 06191835 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

Challis Builders Limited

Challis Builders Limited (Registered number: 06191835)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Challis Builders Limited

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mr L Challis
Mr G Challis
Mr R Preston
Mr E C Challis





SECRETARY: Mr E C Challis





REGISTERED OFFICE: Units SCF 1 & 2, South Core
Western International Market Centre
Southall
Middlesex
UB2 5XJ





REGISTERED NUMBER: 06191835 (England and Wales)





ACCOUNTANTS: Cooper Dawn Jerrom Limited
Chartered Accountants
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHALLIS BUILDERS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Challis Builders Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Challis Builders Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Challis Builders Limited and state those matters that we have agreed to state to the Board of Directors of Challis Builders Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Challis Builders Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Challis Builders Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Challis Builders Limited. You consider that Challis Builders Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Challis Builders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Dawn Jerrom Limited
Chartered Accountants
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ


25 July 2025

Challis Builders Limited (Registered number: 06191835)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,313 -

CURRENT ASSETS
Debtors 5 121,384 113,261
Cash at bank - 3,584
121,384 116,845
CREDITORS
Amounts falling due within one year 6 323,712 238,871
NET CURRENT LIABILITIES (202,328 ) (122,026 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(175,015

)

(122,026

)

CREDITORS
Amounts falling due after more than one year 7 41,102 22,589
NET LIABILITIES (216,117 ) (144,615 )

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 8 (216,216 ) (144,714 )
SHAREHOLDERS' FUNDS (216,117 ) (144,615 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 25 July 2025 and were signed on its behalf by:





Mr R Preston - Director


Challis Builders Limited (Registered number: 06191835)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Challis Builders 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.

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 accounts have been prepared on a going concern basis, since in the opinion of the director, it is appropriate to assume that the company will receive the continued support of the related companies for a period in excess of twelve months from the date of approval of these financial statements.

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.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Going concern
The company is dependant for its ability to continue as a going concern on the continuing support of its director .The director is confident that the business condition will improve and consider that it is appropriate for the financial statements to be prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 50,374 405 50,779
Additions 28,500 - 28,500
At 31 March 2024 78,874 405 79,279
DEPRECIATION
At 1 April 2023 50,374 405 50,779
Charge for year 1,187 - 1,187
At 31 March 2024 51,561 405 51,966
NET BOOK VALUE
At 31 March 2024 27,313 - 27,313
At 31 March 2023 - - -

Challis Builders Limited (Registered number: 06191835)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 116,465 96,261
Other debtors - 17,000
VAT 4,919 -
121,384 113,261

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 16,484 8,333
Hire purchase contracts 7,125 -
VAT - 12,140
Other creditors - Intercompany - (94 )
Other creditors 11,500 -
Directors' loan accounts 283,983 214,092
Accrued expenses 4,620 4,400
323,712 238,871

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 20,914 22,589
Hire purchase contracts 20,188 -
41,102 22,589

8. RESERVES
Retained
earnings
£   

At 1 April 2023 (144,714 )
Deficit for the year (71,502 )
At 31 March 2024 (216,216 )

9. RELATED PARTY DISCLOSURES

During the year, the Director's loan account amounts to £283,982 (2023- £214,092).

10. ULTIMATE CONTROLLING PARTY

The controlling party is the shareholders.