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REGISTERED NUMBER: 04083425 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHALON COMPONENTS LIMITED

CHALON COMPONENTS LIMITED (REGISTERED NUMBER: 04083425)






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


CHALON COMPONENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Ms J A Lloyd





REGISTERED OFFICE: 1st Floor
264 Manchester Road
Warrington
Cheshire
WA1 3RB





REGISTERED NUMBER: 04083425 (England and Wales)





ACCOUNTANTS: WatkinsonBlack
1st Floor, 264
Manchester Road
Warrington
Cheshire
WA1 3RB

CHALON COMPONENTS LIMITED (REGISTERED NUMBER: 04083425)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 748,958 770,952

CURRENT ASSETS
Stocks 22,689 33,870
Debtors 5 221,117 172,525
Cash at bank and in hand 303,691 589,155
547,497 795,550
CREDITORS
Amounts falling due within one year 6 215,519 229,870
NET CURRENT ASSETS 331,978 565,680
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,080,936

1,336,632

CREDITORS
Amounts falling due after more than one
year

7

98,471

113,430
NET ASSETS 982,465 1,223,202

CHALON COMPONENTS LIMITED (REGISTERED NUMBER: 04083425)

BALANCE SHEET - continued
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 200 200
Revaluation reserve 8 413,948 413,948
Retained earnings 568,317 809,054
982,465 1,223,202

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 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.

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 director and authorised for issue on 31 July 2025 and were signed by:





Ms J A Lloyd - Director


CHALON COMPONENTS LIMITED (REGISTERED NUMBER: 04083425)

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

1. STATUTORY INFORMATION

Chalon Components 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 as modified by the revaluation of certain assets.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


CHALON COMPONENTS LIMITED (REGISTERED NUMBER: 04083425)

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

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 817,417 166,756 984,173
Additions - 1,125 1,125
At 31 December 2024 817,417 167,881 985,298
DEPRECIATION
At 1 January 2024 72,417 140,804 213,221
Charge for year 16,348 6,771 23,119
At 31 December 2024 88,765 147,575 236,340
NET BOOK VALUE
At 31 December 2024 728,652 20,306 748,958
At 31 December 2023 745,000 25,952 770,952

Land and buildings have been revalued following an independent valuation to £745,000.

CHALON COMPONENTS LIMITED (REGISTERED NUMBER: 04083425)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 221,117 172,525

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 14,400 14,400
Trade creditors 57,045 86,416
Taxation and social security 111,967 94,586
Other creditors 32,107 34,468
215,519 229,870

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 98,471 113,430

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 26,471 41,430

8. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 413,948