Company No: 13987487 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Investment property	3	303,992		303,992
		303,992		303,992
Current assets
Debtors	4	1		1
Cash at bank and in hand		322		74
		323		75
Creditors: amounts falling due within one year	5	( 123,453)		( 127,816)
Net current liabilities		(123,130)		(127,741)
Total assets less current liabilities		180,862		176,251
Creditors: amounts falling due after more than one year	6	( 156,351)		( 167,868)
Net assets		24,511		8,383
Capital and reserves
Called-up share capital	7	1		1
Profit and loss account		24,510		8,382
Total shareholder's funds		24,511		8,383

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of CHDZ Investments Limited (registered number: 13987487) were approved and authorised for issue by the Board of Directors on 30 September 2025. They were signed on its behalf by:

Mr J C Clyne Director

Mr P A Heather Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

CHDZ Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 12 St. Pauls Road, Newton Abbot, TQ12 2HP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents rental income and income from property management services. The company is not VAT registered and therefore, VAT is excluded from turnover

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Investment property

	Investment property
	£
Valuation
As at 01 January 2024	303,992
As at 31 December 2024	303,992

There has been no valuation of investment property by an independent valuer during the year. The directors believe that the market value has not materially changed from that shown at the date of acquisition.

4. Debtors

	2024		2023
	£		£
Amounts owed by Group undertakings	1		1

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	22,535		22,535
Amounts owed to Group undertakings	91,997		101,714
Accruals	5,150		1,500
Taxation and social security	3,771		2,067
	123,453		127,816

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

	2024		2023
	£		£
Bank loans (secured)	156,351		167,868

The bank loans are secured on freehold properties of the Company with a carrying value of £303,992 (2023: £303,922).

7. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

8. Ultimate controlling party

Parent Company:

Charles Darrow Holdings Limited

12 St Pauls Road NEWTON ABBOT Devon TQ12 2HP

Details of the entity's accounts can be found at Companies House