1 January 2024 false No description of principal activity Taxfiler 2024.6 SC712221business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC7122212023-12-31 SC7122212024-01-012024-12-31 SC712221business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC712221business:FilletedAccounts2024-01-012024-12-31 SC7122212024-12-31 SC712221business:Director12024-01-012024-12-31 SC712221business:Director22024-01-012024-12-31 SC712221business:RegisteredOffice2024-01-012024-12-31 SC7122212023-12-31 SC712221core:WithinOneYear2024-12-31 SC712221core:WithinOneYear2023-12-31 SC712221core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC712221core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC712221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC712221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC712221core:PreviouslyStatedAmount2024-12-31 SC712221core:PreviouslyStatedAmount2023-12-31 SC712221business:SmallEntities2024-01-012024-12-31 SC712221countries:Scotland2024-01-012024-12-31 SC712221core:MotorVehicles2024-01-012024-12-31 SC712221core:ComputerEquipment2024-01-012024-12-31 SC712221core:MotorVehicles2023-12-31 SC712221core:ComputerEquipment2023-12-31 SC712221core:MotorVehicles2024-12-31 SC712221core:ComputerEquipment2024-12-31 SC712221business:Director112024-01-012024-12-31 SC712221business:Director112023-12-31 SC712221business:Director112024-12-31 SC7122212023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC712221 (Scotland)
Charlton Executive Ltd Unaudited accounts for the year ended 31 December 2024
Charlton Executive Ltd Unaudited accounts Contents
Page
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Charlton Executive Ltd Company Information for the year ended 31 December 2024
Directors
Edmund Lewis Michael O'Hare
Company Number
SC712221 (Scotland)
Registered Office
15 Birkmyre Road Glasgow G51 3JH
Accountants
Prime Fiscal LLP 25 Daisy Street Glasgow G42 8JN
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Charlton Executive Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
395,438 
360,813 
Current assets
Debtors
27,413 
80,588 
Cash at bank and in hand
258,245 
165,128 
285,658 
245,716 
Creditors: amounts falling due within one year
(333,900)
(319,695)
Net current liabilities
(48,242)
(73,979)
Net assets
347,196 
286,834 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
347,096 
286,734 
Shareholders' funds
347,196 
286,834 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2025 and were signed on its behalf by
Edmund Lewis Director Company Registration No. SC712221
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Charlton Executive Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Charlton Executive Ltd is a private company, limited by shares, registered in Scotland, registration number SC712221. The registered office is 15 Birkmyre Road, Glasgow, G51 3JH.
2
Compliance with accounting standards
These financial statements accounts have been prepared in accordance with the provisions of FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of Section 1A of FRS102 have been applied. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
These financial statements accounts have been prepared under the historic cost convention
Presentation currency
The accounts are presented in sterling which is the functional and presentational currency of the company.
Turnover
Turnover is recognised at the fair value of consideration received or receivable for services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Tangible fixed assets and depreciation
Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised to write off the cost or valuation of assets less their residual values over their estimated useful lives on the following basis:
Motor vehicles
20% Straight line
Computer equipment
20% Straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Charlton Executive Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
416,584 
308 
416,892 
Additions
208,062 
- 
208,062 
Disposals
(85,971)
- 
(85,971)
At 31 December 2024
538,675 
308 
538,983 
Depreciation
At 1 January 2024
56,017 
62 
56,079 
Charge for the year
102,979 
61 
103,040 
On disposals
(15,574)
- 
(15,574)
At 31 December 2024
143,422 
123 
143,545 
Net book value
At 31 December 2024
395,253 
185 
395,438 
At 31 December 2023
360,567 
246 
360,813 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,702 
52,455 
Accrued income and prepayments
17,711 
16,660 
Other debtors
- 
11,473 
27,413 
80,588 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
21,209 
12,978 
Trade creditors
- 
2,415 
Taxes and social security
43,970 
59,332 
Other creditors
1,746 
- 
Loans from directors
241,975 
244,970 
Accruals
25,000 
- 
333,900 
319,695 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Loan to director
11,396 
- 
11,396 
- 
11,396 
- 
11,396 
- 
8
Transactions with related parties
Loans of £241,975 remain due to a director. The loans are interest free and repayable on demand.
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Charlton Executive Ltd Notes to the Accounts for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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