Charles Real Estate Ltd
Registered number: 04939195
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 50 -
Cash at bank and in hand 11,860 5,291
11,910 5,291
Creditors: amounts falling due within one year 4 (5,689) (3,169)
Net current assets 6,221 2,122
Net assets £6,221 £2,122
Capital and reserves
Called up share capital 100 100
Profit and loss account 6,121 2,022
Shareholders' funds £6,221 £2,122
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K HAJIKYPRI
Director
Approved by the board on 13 August 2025
Charles Real Estate Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 as applied to small entities by section 1A of the standard. The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2025 2024
£ £
Trade debtors £50 £0
4 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors - 2,000
Corporation tax 961 821
Other creditors 4,728 348
£5,689 £3,169
5 Other information
Charles Real Estate Ltd is a private company limited by shares and incorporated in England. Its registered office is:
2a Carterhatch Road
Enfield
MIDDX
EN3 5LS
Charles Real Estate Ltd 04939195 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2024 K HAJIKYPRI No description of principal activity 04939195 2023-04-01 2024-03-31 04939195 core:WithinOneYear 2024-03-31 04939195 core:ShareCapital 2024-03-31 04939195 core:RetainedEarningsAccumulatedLosses 2024-03-31 04939195 2024-04-01 2025-03-31 04939195 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04939195 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04939195 bus:Director40 2024-04-01 2025-03-31 04939195 1 2024-04-01 2025-03-31 04939195 2 2024-04-01 2025-03-31 04939195 countries:England 2024-04-01 2025-03-31 04939195 bus:FRS102 2024-04-01 2025-03-31 04939195 bus:FilletedAccounts 2024-04-01 2025-03-31 04939195 2025-03-31 04939195 core:WithinOneYear 2025-03-31 04939195 core:ShareCapital 2025-03-31 04939195 core:RetainedEarningsAccumulatedLosses 2025-03-31 04939195 2024-03-31 iso4217:GBP xbrli:pure