0 0 Chalks Farm Management Limited 01649855 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of management of Highgate Grove, Sawbridgeworth, Herts., for the benefit of the lessees. Digita Accounts Production Advanced 6.30.9574.0 true 01649855 2024-04-01 2025-03-31 01649855 2025-03-31 01649855 core:CurrentFinancialInstruments 2025-03-31 01649855 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 01649855 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 01649855 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 01649855 bus:SmallEntities 2024-04-01 2025-03-31 01649855 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01649855 bus:FilletedAccounts 2024-04-01 2025-03-31 01649855 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01649855 bus:RegisteredOffice 2024-04-01 2025-03-31 01649855 bus:Director10 2024-04-01 2025-03-31 01649855 bus:Director3 2024-04-01 2025-03-31 01649855 bus:Director4 2024-04-01 2025-03-31 01649855 bus:Director6 2024-04-01 2025-03-31 01649855 bus:Director7 2024-04-01 2025-03-31 01649855 bus:Director8 2024-04-01 2025-03-31 01649855 bus:Director9 2024-04-01 2025-03-31 01649855 bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 01649855 bus:Agent1 2024-04-01 2025-03-31 01649855 countries:EnglandWales 2024-04-01 2025-03-31 01649855 2024-03-31 01649855 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 01649855 2023-04-01 2024-03-31 01649855 2024-03-31 01649855 core:CurrentFinancialInstruments 2024-03-31 01649855 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01649855 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 01649855 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 xbrli:pure iso4217:GBP

Registration number: 01649855

Chalks Farm Management Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Chalks Farm Management Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Chalks Farm Management Limited

Company Information

Directors

A Darker

J I Munns

H J Brown

T Walker

T A Carr

M C Walker

T H H Hawksbee

Registered office

5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR

Accountants

Mansell & Co
Chartered Certified Accountants5 Ducketts Wharf
South Street
Bishop Stortford
Hertfordshire
CM23 3AR

 

Chalks Farm Management Limited

(Registration number: 01649855)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

4,436

4,436

Current assets

 

Debtors

5

422

752

Cash at bank and in hand

 

63,945

69,088

 

64,367

69,840

Creditors: Amounts falling due within one year

6

(4,091)

(3,881)

Net current assets

 

60,276

65,959

Total assets less current liabilities

 

64,712

70,395

Creditors: Amounts falling due after more than one year

6

(1,400)

(1,400)

Net assets

 

63,312

68,995

Reserves

 

Retained earnings

63,312

68,995

Surplus

 

63,312

68,995

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 September 2025 and signed on its behalf by:
 

.........................................
A Darker
Director

 

Chalks Farm Management Limited

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

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £100 towards the assets of the company in the event of liquidation.

The address of its registered office is:
5 Ducketts Wharf
South Street
Bishop's Stortford
Hertfordshire
CM23 3AR
England

These financial statements were authorised for issue by the Board on 1 September 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Chalks Farm Management Limited

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

The company has no issued or authorised share capital. The company is limited by guarantee.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

 

Chalks Farm Management Limited

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

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2024

4,436

4,436

At 31 March 2025

4,436

4,436

Depreciation

Carrying amount

At 31 March 2025

4,436

4,436

At 31 March 2024

4,436

4,436

Included within the net book value of land and buildings above is £4,436 (2024 - £4,436) in respect of freehold land and buildings.
 

5

Debtors

Current

2025
£

2024
£

Trade debtors

422

752

 

422

752

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

-

75

Accruals and deferred income

2,041

1,756

Other creditors

2,050

2,050

4,091

3,881

Creditors: amounts falling due after more than one year

2025
£

2024
£

Due after one year

Other financial liabilities

1,400

1,400