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Company Registration No. 11681504 (England and Wales)
Chalks Property Ltd Unaudited accounts for the year ended 30 November 2024
Chalks Property Ltd Unaudited accounts Contents
Page
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Chalks Property Ltd Company Information for the year ended 30 November 2024
Director
Adam Tindall
Company Number
11681504 (England and Wales)
Registered Office
The Residence, New Mead Barn Wickham Hall Hadham Road Bishop's Stortford Hertfordshire CM23 1JG UNITED KINGDOM
Accountants
Redbox Accountancy Limited New Mead Barn Wickham Hall, Hadham Road Bishop's Stortford Hertfordshire CM23 1JG
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Chalks Property Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,866 
19,823 
Investment property
386,000 
352,000 
400,866 
371,823 
Current assets
Debtors
373,226 
614,446 
Investments
51 
51 
Cash at bank and in hand
92,361 
7,446 
465,638 
621,943 
Creditors: amounts falling due within one year
(320,693)
(596,642)
Net current assets
144,945 
25,301 
Total assets less current liabilities
545,811 
397,124 
Creditors: amounts falling due after more than one year
(228,333)
(231,333)
Provisions for liabilities
Deferred tax
(20,491)
(11,991)
Net assets
296,987 
153,800 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
296,985 
153,798 
Shareholders' funds
296,987 
153,800 
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 29 August 2025 and were signed on its behalf by
Adam Tindall Director Company Registration No. 11681504
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Chalks Property Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Chalks Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 11681504. The registered office is The Residence, New Mead Barn, Wickham Hall, Hadham Road, Bishop's Stortford, Hertfordshire, CM23 1JG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
Computer equipment
25% reducing balance basis
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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.
Investments
Investments in shares are included at fair value.
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Chalks Property Ltd Notes to the Accounts for the year ended 30 November 2024
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
25,960 
292 
989 
27,241 
At 30 November 2024
25,960 
292 
989 
27,241 
Depreciation
At 1 December 2023
6,490 
223 
705 
7,418 
Charge for the year
4,868 
17 
72 
4,957 
At 30 November 2024
11,358 
240 
777 
12,375 
Net book value
At 30 November 2024
14,602 
52 
212 
14,866 
At 30 November 2023
19,470 
69 
284 
19,823 
5
Investment property
2024 
£ 
Fair value at 1 December 2023
352,000 
Net gain from fair value adjustments
34,000 
At 30 November 2024
386,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
373,226 
614,446 
7
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
51 
51 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
22,893 
- 
Other creditors
3,000 
- 
Loans from directors
294,800 
596,642 
320,693 
596,642 
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Chalks Property Ltd Notes to the Accounts for the year ended 30 November 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
38,333 
38,333 
Other creditors
190,000 
193,000 
228,333 
231,333 
10
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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