CHDP Limited 30/04/2025 iXBRL

Company registration number: 07875571

CHDP Limited

Unaudited filleted financial statements

30 April 2025

CHDP Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

CHDP Limited

Directors and other information


	Directors	Dr James Connan
		Mr Paul Connan


	Company number	07875571


	Registered office	395 Ewell Road
		Tolworth
		Surbiton
		Surrey
		KT6 7DG


	Business address	395 Ewell Road
		Tolworth
		Surbiton
		Surrey
		KT6 7DG


	Accountants	David McQuillan & Company
		Glendinning House
		6 Murray Street
		Belfast
		BT1 6DN




	Bankers	Metro Bank
		One Southampton Row
		London
		WC1B 5HA

CHDP Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of CHDP Limited

Year ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CHDP Limited for the year ended 30 April 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.

This report is made solely to the board of directors of CHDP Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of CHDP Limited and state those matters that we have agreed to state to the board of directors of CHDP Limited as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CHDP Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that CHDP Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CHDP Limited. You consider that CHDP Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CHDP Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

David McQuillan & Company

Chartered Accountants

Glendinning House

6 Murray Street

Belfast

BT1 6DN

5 September 2025

CHDP Limited

Statement of financial position

30 April 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	230,619		256,080
		_______		_______
			230,619		256,080

Current assets
Stocks		18,307		24,536
Debtors	7	399,592		394,783
Cash at bank and in hand		109,485		148,298
		_______		_______
		527,384		567,617
Creditors: amounts falling due
within one year	8	( 231,729)		( 209,646)
		_______		_______
Net current assets			295,655		357,971
			_______		_______
Total assets less current liabilities			526,274		614,051

Creditors: amounts falling due
after more than one year	9		( 76,169)		( 125,782)
			_______		_______
Net assets			450,105		488,269
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			450,005		488,169
			_______		_______
Shareholders funds			450,105		488,269
			_______		_______

For the year ending 30 April 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 financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 05 September 2025 , and are signed on behalf of the board by:

Dr James Connan

Director

Company registration number: 07875571

CHDP Limited

Notes to the financial statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 395 Ewell Road, Tolworth, Surbiton, Surrey, KT6 7DG.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements have been prepared in accordance with the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.The directors have assessed that there are no material estimates and assumptions in applying the accounting policies.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 10 (2024: 10 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 May 2024 and 30 April 2025	440,000	440,000
	_______	_______
Amortisation
At 1 May 2024 and 30 April 2025	440,000	440,000
	_______	_______
Carrying amount
At 30 April 2025	-	-
	_______	_______
At 30 April 2024	-	-
	_______	_______

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 May 2024	419,022	419,022
Additions	16,957	16,957
	_______	_______
At 30 April 2025	435,979	435,979
	_______	_______
Depreciation
At 1 May 2024	162,942	162,942
Charge for the year	42,418	42,418
	_______	_______
At 30 April 2025	205,360	205,360
	_______	_______
Carrying amount
At 30 April 2025	230,619	230,619
	_______	_______
At 30 April 2024	256,080	256,080
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	2,350	8,913
Amounts owed by group undertakings and undertakings in which the company has a participating interest	389,684	381,184
Other debtors	7,558	4,686
	_______	_______
	399,592	394,783
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	27,129	27,129
Trade creditors	56,038	56,160
Corporation tax	41,629	13,738
Social security and other taxes	2,023	1,850
Other creditors	104,910	110,769
	_______	_______
	231,729	209,646
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	47,476	74,605
Other creditors	28,693	51,177
	_______	_______
	76,169	125,782
	_______	_______

10. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
James Connan Limited	-	-	389,684	381,184
Paul Connan Limited	15,000	30,000	-	-
Paul Connan SIPP	15,000	-	-	-
	_______	_______	_______	_______

During the year the company rented premises owned by Paul Connan Limited, a company controlled by one of the directors, and subsequently by Paul Connan SIPP, a pension in which one of the directors is a member.In addition one of the directors has personally guaranteed the companies bank loan to the value of £74,605.

11. Controlling party

The directors consider that the ultimate parent company is James Connan Limited whose registered office is 395 Ewell Road, Tolworth, Surbiton, Surrey, KT6 7DG and that is ultimately controlled by Dr James Connan .