REGISTERED NUMBER: 03373077 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

CHARLSTAIR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B R Kruse

C A Kruse

SECRETARY:

C A Kruse

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

03373077 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

69,171

73,175

CURRENT ASSETS

Debtors

5

637,964

593,176

Cash at bank

72,761

149,194

710,725

742,370

CREDITORS

Amounts falling due within one year

6

44,087

79,155

NET CURRENT ASSETS

666,638

663,215

TOTAL ASSETS LESS CURRENT LIABILITIES

735,809

736,390

CREDITORS

Amounts falling due after more than one year

7

4,300

12,900

NET ASSETS

731,509

723,490

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8

731,507

723,488

SHAREHOLDERS' FUNDS

731,509

723,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 6 October 2025 and were signed on its behalf by:

B R Kruse - Director

C A Kruse - Director

1.	STATUTORY INFORMATION

Charlstair 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant & machinery

-

25% on reducing balance

Fixtures, fittings & office equipment

-

20% on reducing balance

Motor vehicle

-

20% on reducing balance

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Freehold

Plant &

& office

Motor

property

machinery

equipment

vehicle

Totals

£

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

75,340

13,500

13,282

27,500

129,622

DEPRECIATION

At 1 June 2024

14,473

12,783

12,955

16,236

56,447

Charge for year

1,506

179

66

2,253

4,004

At 31 May 2025

15,979

12,962

13,021

18,489

60,451

NET BOOK VALUE

At 31 May 2025

59,361

538

261

9,011

69,171

At 31 May 2024

60,867

717

327

11,264

73,175

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

637,964

593,176

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans & overdrafts

8,600

8,600

Trade creditors

355

705

Tax

20,972

49,583

Social security & other taxes

-

1,558

VAT

11,420

16,254

Directors' current accounts

90

455

Accrued expenses

2,650

2,000

44,087

79,155

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan

4,300

12,900

8.

RESERVES

Retained

earnings

£

At 1 June 2024

723,488

Profit for the year

60,519

Dividends

(52,500

)

At 31 May 2025

731,507