REGISTERED NUMBER: 03941873 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CHARHILL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M A Clarke

SECRETARY:

M A Clarke

REGISTERED OFFICE:

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

REGISTERED NUMBER:

03941873 (England and Wales)

ACCOUNTANTS:

Cassidys Chartered Accountants

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

410,655

421,284

410,655

421,284

CURRENT ASSETS

Stocks

647,871

623,034

Debtors

6

373,132

448,659

Cash at bank and in hand

748,442

644,007

1,769,445

1,715,700

CREDITORS

Amounts falling due within one year

7

404,118

514,510

NET CURRENT ASSETS

1,365,327

1,201,190

TOTAL ASSETS LESS CURRENT LIABILITIES

1,775,982

1,622,474

PROVISIONS FOR LIABILITIES

8

967

2,510

NET ASSETS

1,775,015

1,619,964

CAPITAL AND RESERVES

Called up share capital

150,000

150,000

Other reserves

100,000

100,000

Retained earnings

1,525,015

1,369,964

SHAREHOLDERS' FUNDS

1,775,015

1,619,964

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 9 October 2025 and were signed by:

M A Clarke - Director

1.	STATUTORY INFORMATION

Charhill 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 16 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

83,657

AMORTISATION

At 1 April 2024

and 31 March 2025

83,657

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Furniture,

Freehold

fittings&

Motor

property

equipment

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

488,799

117,629

56,958

663,386

DEPRECIATION

At 1 April 2024

77,557

117,041

47,504

242,102

Charge for year

4,456

500

5,673

10,629

At 31 March 2025

82,013

117,541

53,177

252,731

NET BOOK VALUE

At 31 March 2025

406,786

88

3,781

410,655

At 31 March 2024

411,242

588

9,454

421,284

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

223,733

251,913

Other debtors

149,399

196,746

373,132

448,659

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

259,877

320,749

Taxation and social security

136,435

174,645

Other creditors

7,806

19,116

404,118

514,510

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

967

2,510

Deferred

tax

£

Balance at 1 April 2024

2,510

Provided during year

(1,543

)

Balance at 31 March 2025

967

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

M A Clarke

Balance outstanding at start of year

149,950

149,950

Amounts advanced

-

29,950

Amounts repaid

(39,950

)

(29,950

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

110,000

149,950

Within the year £39,950 was repaid from the overdrawn loan.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £82,000 (2024 - £83,000) were paid to the director .