REGISTERED NUMBER: 06029851 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Chargrove Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr S G Milsom

SECRETARY:

Mrs J Milsom

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

BUSINESS ADDRESS:

Tudor Cottage

The Crippetts

Leckhampton

Cheltenham

Gloucestershire

GL51 4XU

REGISTERED NUMBER:

06029851 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

18,269

24,359

CURRENT ASSETS

Stocks

5

6,462

31,351

Debtors

6

8,144

8,144

Cash at bank

45,906

12,647

60,512

52,142

CREDITORS

Amounts falling due within one year

7

28,216

16,710

NET CURRENT ASSETS

32,296

35,432

TOTAL ASSETS LESS CURRENT LIABILITIES

50,565

59,791

PROVISIONS FOR LIABILITIES

8

3,471

4,628

NET ASSETS

47,094

55,163

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

47,093

55,162

SHAREHOLDERS' FUNDS

47,094

55,163

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 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 29 September 2025 and were signed by:

Mr S G Milsom - Director

1.	STATUTORY INFORMATION

Chargrove Construction Ltd 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.

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.

Plant and machinery

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

48,323

DEPRECIATION

At 1 January 2024

23,964

Charge for year

6,090

At 31 December 2024

30,054

NET BOOK VALUE

At 31 December 2024

18,269

At 31 December 2023

24,359

5.

STOCKS

31.12.24

31.12.23

£

£

Work-in-progress

6,462

31,351

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

S455 tax

8,144

8,144

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

962

2,256

Corporation tax

3,572

4,635

Social security and other taxes

6,195

3,019

VAT

16,015

5,122

Directors' current accounts

272

478

Accruals and deferred income

1,200

1,200

28,216

16,710

8.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

3,471

4,628

Deferred

tax

£

Balance at 1 January 2024

4,628

Credit to Income Statement during year

(1,157

)

Balance at 31 December 2024

3,471

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary "A"

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 January 2024

55,162

Profit for the year

9,931

Dividends

(18,000

)

At 31 December 2024

47,093

11.	RELATED PARTY DISCLOSURES

During the year the director, Mr S G Milsom, made net withdrawals from his account of £206. The balance on his account at 31 December 2024 was £272 in credit (2023 - £478).

Also during the year, Mr Milsom received dividends from the company of £18,000 (2023 - £13,000).

12.	ULTIMATE CONTROLLING PARTY

Mr S G Milsom is the ultimate controlling party by virtue of his holding all of the company's issued share capital.