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REGISTERED NUMBER: 10753244 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2025

for

Charisma Properties Limited

Charisma Properties Limited (Registered number: 10753244)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Charisma Properties Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs K E Heddle
A P Heddle





SECRETARY:





REGISTERED OFFICE: Prince William House
10 Lower Church Street
Ashby de la Zouch
Leicestershire
LE65 1AB





REGISTERED NUMBER: 10753244 (England and Wales)





ACCOUNTANTS: The Profit Key Limited
Prince William House
10 Lower Church Street
Ashby de la Zouch
Leicestershire
LE65 1AB

Charisma Properties Limited (Registered number: 10753244)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 237,935 244,963

CURRENT ASSETS
Stocks 300 -
Debtors 5 962 256
Cash at bank 380,388 9,196
381,650 9,452
CREDITORS
Amounts falling due within one year 6 34,296 2,892
NET CURRENT ASSETS 347,354 6,560
TOTAL ASSETS LESS CURRENT
LIABILITIES

585,289

251,523

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 585,189 251,423
SHAREHOLDERS' FUNDS 585,289 251,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 12 August 2025 and were signed on its behalf by:





A P Heddle - Director


Charisma Properties Limited (Registered number: 10753244)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Charisma Properties 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.

Preparation of consolidated financial statements
The financial statements contain information about Charisma Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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.
Freehold property - 2% on cost
Improvements to property - 10% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Loans from directors
Any loans from the directors to the company are interest free and repayable on demand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Charisma Properties Limited (Registered number: 10753244)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to
property property Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 279,849 14,296 294,145
DEPRECIATION
At 1 April 2024 39,179 10,003 49,182
Charge for year 5,597 1,431 7,028
At 31 March 2025 44,776 11,434 56,210
NET BOOK VALUE
At 31 March 2025 235,073 2,862 237,935
At 31 March 2024 240,670 4,293 244,963

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 962 -
Owed by related company - 256
962 256

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 1 1
Tax 2,766 1,271
Owed to inter-company 14,983 -
Directors' current accounts 14,908 180
Accrued expenses 1,638 1,440
34,296 2,892

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

At the balance sheet date the amount owing to Charisma Electronics Limited - a 100% owned subsidiary company was £14,983 (2024 - £256 owed by Charisma Electronics Limited) in respect of monies loaned during the year. The loan is interest free and repayable on demand.