Company Registration No. 13364410 (England and Wales)
Charma Lettings Ltd
Unaudited accounts
for the year ended 30 April 2025
Charma Lettings Ltd
Unaudited accounts
Contents
Charma Lettings Ltd
Company Information
for the year ended 30 April 2025
Company Number
13364410 (England and Wales)
Registered Office
12 Harles Acres
Hickling
Melton Mowbray
Leicestershire
LE14 3AF
England
Accountants
Net Accountancy Solutions Limited
12 Harles Acres
Hickling
Melton Mowbray
LEICESTERSHIRE
LE14 3AF
Charma Lettings Ltd
Statement of financial position
as at 30 April 2025
Investment property
90,000
95,000
Cash at bank and in hand
2,162
3,463
Creditors: amounts falling due within one year
(36,292)
(36,214)
Net current liabilities
(34,130)
(32,136)
Total assets less current liabilities
55,870
62,864
Creditors: amounts falling due after more than one year
(72,130)
(71,607)
Net liabilities
(16,260)
(8,743)
Called up share capital
2
2
Profit and loss account
(16,262)
(8,745)
Shareholders' funds
(16,260)
(8,743)
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 October 2025 and were signed on its behalf by
C G Spark
Director
Company Registration No. 13364410
Charma Lettings Ltd
Notes to the Accounts
for the year ended 30 April 2025
Charma Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 13364410. The registered office is 12 Harles Acres, Hickling, Melton Mowbray, Leicestershire, LE14 3AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the rental income received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Fair value at 1 May 2024
95,000
Net loss from fair value adjustments
(5,000)
The investment property has initially been included at it's purchase price. Going forward it will be measured at fair value, which is the open market value of the property. Any fair value adjustment will be taken through the profit & loss account.
Amounts falling due within one year
Accrued income and prepayments
-
615
Charma Lettings Ltd
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,131
1,131
Taxes and social security
-
487
Loans from directors
34,561
33,996
7
Creditors: amounts falling due after more than one year
2025
2024
Aggregate of amounts that fall due for payment after five years
61,427
67,083
The above loan is secured on property to which it relates. The loan is a repayment mortgage with 32 years remaining on the term.
8
Transactions with related parties
The directors have made various payments on behalf of the company. At the end of the year the directors were owed £34,561 (2024: £33,996). This amount is interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).