REGISTERED NUMBER: 10214334 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHARING INVESTMENTS LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

7,464

9,953

Investments

5

524,582

292,499

Investment property

6

4,510,000

3,375,000

5,042,046

3,677,452

CURRENT ASSETS

Debtors

7

14,752

7,901

Cash at bank

62,638

73,823

77,390

81,724

CREDITORS

Amounts falling due within one year

8

2,611,042

1,312,224

NET CURRENT LIABILITIES

(2,533,652

)

(1,230,500

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,508,394

2,446,952

CREDITORS

Amounts falling due after more than one year

9

(1,545,596

)

(1,571,631

)

PROVISIONS FOR LIABILITIES

(127,080

)

(104,596

)

NET ASSETS

835,718

770,725

CAPITAL AND RESERVES

Called up share capital

12

100

100

Other reserves

423,000

356,881

Retained earnings

412,618

413,744

SHAREHOLDERS' FUNDS

835,718

770,725

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 directors acknowledge their 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 Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

C Osman - Director

1.	STATUTORY INFORMATION

Charing Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10214334

Registered office:

368 Forest Road

London

E17 5JF

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Charing Investments Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Fixtures and fittings

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost which includes the purchase cost and any directly attributable expenditure. Subsequent to initial recognition investment properties are held at fair value. Any gains or losses arising from changes in the fair value are recognised in profit or loss in the period that they arise. No depreciation is provided in respect of investment properties applying the fair value model.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company continues with the support of it's directors and shareholders which will not allow any of it's creditors to suffer as a result of their decision to allow the company to continue to operate.

The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

37,310

DEPRECIATION

At 1 January 2024

27,357

Charge for year

2,489

At 31 December 2024

29,846

NET BOOK VALUE

At 31 December 2024

7,464

At 31 December 2023

9,953

5.	FIXED ASSET INVESTMENTS

2024

2023

£

£

Shares in group undertakings

100

100

Other investments not loans

524,482

292,399

524,582

292,499

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

100

NET BOOK VALUE

At 31 December 2024

100

At 31 December 2023

100

Investments (neither listed nor unlisted) were as follows:

2024

2023

£

£

Other investments not loans

Brought forward

292,399

-

Other investments not loans - Additions

138,242

278,200

Other investments

Revaluation

93,841

14,199

524,482

292,399

The Company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Charing Dane (Deal) Limited

Registered office: 368 Forest Road, London E17 5JF

Nature of business: Owning and renting of investment properties

%

Class of shares:

holding

Ordinary

100.00

The directors have valued other investments at the balance sheet date at their fair value.

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

3,375,000

Additions

1,140,683

Revaluations

(5,683

)

At 31 December 2024

4,510,000

NET BOOK VALUE

At 31 December 2024

4,510,000

At 31 December 2023

3,375,000

The fair value of investment properties have been arrived at on the basis of a valuation carried out at 31 December 2024 by the Directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

4,510,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

2,088

-

Amounts owed by group undertakings

2,835

1,883

Prepayments

9,829

6,018

14,752

7,901

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 10)

31,650

31,650

Trade creditors

117

-

Amounts owed to connected undertakings

2,480,579

1,210,579

Taxation and social security

19,409

21,394

Other creditors

79,287

48,601

2,611,042

1,312,224

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 10)

1,545,596

1,571,631

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

768,367

768,357

Repayable by instalments

Bank loans more 5 yr by instal

682,879

699,924

10.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

31,650

31,650

Amounts falling due between one and two years:

Bank loans - 1-2 years

31,650

31,650

Amounts falling due between two and five years:

Bank loans - 2-5 years

62,700

71,700

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

768,367

768,357

Repayable by instalments

Bank loans more 5 yr by instal

682,879

699,924

11.	SECURED DEBTS

The bank loans are secured by legal charges over the company's assets.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

13.	RELATED PARTY DISCLOSURES

The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:

2024

2023

£

£

Amounts owed by/ (to) C Osman (Director)

(4,503

)

(4,503

)

Amounts owed by/ (to) Connected Undertakings

(2,480,579

)

(1,210,579

)

Amounts owed by/ (to) Group Undertakings

2,835

1,883

Group Undertakings:

Charing Dane (Deal) Ltd

Connected Undertakings:

Charing Care Limited

Charing Gardens Limited

Charing Holdings Limited

Connected Undertakings:

A company having the same or predominantly the same shareholders and or Board of Directors but which neither is a parent, subsidiary, fellow subsidiary nor associated company.

14.	ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.