REGISTERED NUMBER: 10623628 (England and Wales)

Chevronic Holdings Uk Limited

Unaudited Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R P Moss

SECRETARY:

REGISTERED OFFICE:

Upton End Farm Business Park

Meppershall Road

Shillington

Bedfordshire

SG5 3PF

REGISTERED NUMBER:

10623628 (England and Wales)

ACCOUNTANTS:

Premier Accountancy

Upton End Farm Business Park

Meppershall Road

Shillington

Bedfordshire

SG5 3PF

FIXED ASSETS

Tangible assets

4

1,293,917

1,077,809

CURRENT ASSETS

Debtors

5

1,354

-

Cash at bank

12,110

23,386

13,464

23,386

CREDITORS

Amounts falling due within one year

6

344,447

367,052

NET CURRENT LIABILITIES

(330,983

)

(343,666

)

TOTAL ASSETS LESS CURRENT LIABILITIES

962,934

734,143

CREDITORS

Amounts falling due after more than one year

7

504,068

527,626

NET ASSETS

458,866

206,517

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

8

216,108

-

Retained earnings

242,757

206,516

458,866

206,517

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 director acknowledges his 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 director and authorised for issue on 25 June 2025 and were signed by:

R P Moss - Director

1.	STATUTORY INFORMATION

Chevronic Holdings Uk 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 as modified by the revaluation of certain assets.

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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 April 2024

1,077,809

Revaluations

216,108

At 31 March 2025

1,293,917

NET BOOK VALUE

At 31 March 2025

1,293,917

At 31 March 2024

1,077,809

Cost or valuation at 31 March 2025 is represented by:

Land and

buildings

£

Valuation in 2024

1,077,809

Valuation in 2025

216,108

1,293,917

The properties have been revalued based on the most recent professional valuation carried out.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,354

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

66,122

66,122

Trade creditors

10,598

10,598

Taxation and social security

15,103

14,646

Other creditors

252,624

275,686

344,447

367,052

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

504,068

527,626

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

378,698

415,770

8.

RESERVES

Revaluation

reserve

£

Property Revaluation

216,108

At 31 March 2025

216,108