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REGISTERED NUMBER: 13000419 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Checkmate Limited
Checkmate Limited (Registered number: 13000419)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Checkmate Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: P W Auston





REGISTERED OFFICE: Bank Chambers
High Street
Cranbrook
Kent
TN17 3EG





REGISTERED NUMBER: 13000419 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Bank Chambers
61 High Street
Cranbrook
Kent
TN17 3EG
Page 1
Checkmate Limited (Registered number: 13000419)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 2,033 19,930
Investments 6 214,826 414,826
Investment property 7 1,615,570 1,395,570
1,832,430 1,830,327

CURRENT ASSETS
Debtors 8 275,206 202,037
Investments 9 555,435 395,350
Cash at bank 242,210 435,634
1,072,851 1,033,021
CREDITORS
Amounts falling due within one year 10 96,466 115,889
NET CURRENT ASSETS 976,385 917,132
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,808,815
2,747,459

PROVISIONS FOR LIABILITIES 73,150 366
NET ASSETS 2,735,665 2,747,093

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 2,734,665 2,746,093
2,735,665 2,747,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 notes form part of these financial statements

Page 2 continued...
Checkmate Limited (Registered number: 13000419)

Balance Sheet - continued
31 December 2024


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 18 September 2025 and were signed by:





P W Auston - Director


The notes form part of these financial statements

Page 3
Checkmate Limited (Registered number: 13000419)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Checkmate 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Page 4 continued...
Checkmate Limited (Registered number: 13000419)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 300,000
AMORTISATION
At 1 January 2024
and 31 December 2024 299,999
NET BOOK VALUE
At 31 December 2024 1
At 31 December 2023 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 237,889
Disposals (36,448 )
At 31 December 2024 201,441
DEPRECIATION
At 1 January 2024 217,959
Charge for year 16,897
Eliminated on disposal (35,448 )
At 31 December 2024 199,408
NET BOOK VALUE
At 31 December 2024 2,033
At 31 December 2023 19,930

Page 5 continued...
Checkmate Limited (Registered number: 13000419)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. FIXED ASSET INVESTMENTS
Shares in Interest
group in joint Other
undertakings venture investments Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 30,310 398,788 250,000 679,098
PROVISIONS
At 1 January 2024 - 264,272 - 264,272
Provision for year - - 200,000 200,000
At 31 December 2024 - 264,272 200,000 464,272
NET BOOK VALUE
At 31 December 2024 30,310 134,516 50,000 214,826
At 31 December 2023 30,310 134,516 250,000 414,826

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,395,570
Revaluations 220,000
At 31 December 2024 1,615,570
NET BOOK VALUE
At 31 December 2024 1,615,570
At 31 December 2023 1,395,570

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2024 220,000
Cost 1,395,570
1,615,570

One of the investment properties has been sold since the year end for an increase in its carrying value of £220,000. The directors consider that the value of this property was £220,000 higher at 31 December 2024 which has been reflected in the accounts.

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 3,000 23,500
Other debtors 272,206 178,537
275,206 202,037

Page 6 continued...
Checkmate Limited (Registered number: 13000419)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£    £   
Listed investments 555,435 395,350

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 8,791 3,605
Taxation and social security 65 21,559
Other creditors 87,610 90,725
96,466 115,889

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £75,000 were paid to the director .

During the year the company made a loan of £25,000 to Auston Designs Ltd, a company controlled by the director's son. Interest of £1,208 was charged during the year on this loan.

12. TRANSFER OF ASSETS ON DEMERGER

The company was incorporated on 5 November 2020 as PA Investment Holdings Limited. It changed its name to Checkmate Limited on 26 April 2021.

On 26 February 2021, assets, formerly owned by Checkmate Flexible Engineering Limited, were transferred from that company via an intermediate holding company, Benski Limited, into the company at written down values totalling £2.919m using a section 110 statutory demerger. In the accounts. this is shown as a reserve movement and assets recorded as recalssified or transferred.

Page 7