REGISTERED NUMBER: 04110822 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CHALKFIELD WINCHESTER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Carter

A Surtees

SECRETARY:

R J Carter

REGISTERED OFFICE:

1 The Limes

Northbrook Avenue

Winchester

Hampshire

SO23 0LU

REGISTERED NUMBER:

04110822 (England and Wales)

ACCOUNTANTS:

K S Goring & Co Chartered Accountants

222 Upper Richmond Road West

London

SW14 8AH

FIXED ASSETS

Tangible assets

4

1

1

Investment property

5

710,000

710,000

710,001

710,001

CURRENT ASSETS

Debtors

6

106,622

95,755

Cash at bank

14,698

23,161

121,320

118,916

CREDITORS

Amounts falling due within one year

7

8,904

9,140

NET CURRENT ASSETS

112,416

109,776

TOTAL ASSETS LESS CURRENT LIABILITIES

822,417

819,777

CREDITORS

Amounts falling due after more than one year

8

(523,492

)

(526,902

)

PROVISIONS FOR LIABILITIES

(54,031

)

(54,031

)

NET ASSETS

244,894

238,844

CAPITAL AND RESERVES

Called up share capital

2

2

Profit and loss - non-distributable reserves

165,248

165,248

Retained earnings

79,644

73,594

SHAREHOLDERS' FUNDS

244,894

238,844

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 14th October 2025 and were signed on its behalf by:

R J Carter - Director

A Surtees - Director

1.	STATUTORY INFORMATION

CHALKFIELD WINCHESTER 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income received or receivable, 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.

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

991

DEPRECIATION

At 1st April 2024

and 31st March 2025

990

NET BOOK VALUE

At 31st March 2025

1

At 31st March 2024

1

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

710,000

NET BOOK VALUE

At 31st March 2025

710,000

At 31st March 2024

710,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2021

226,403

Valuation in 2023

(7,125

)

Cost

490,722

710,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

490,722

490,722

Investment properties were valued on an open market basis on 31st March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

106,622

95,755

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(1,235

)

(482

)

Taxation and social security

3,765

2,575

Other creditors

6,374

7,047

8,904

9,140

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

322,730

326,270

Other creditors

200,762

200,632

523,492

526,902

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

322,730

326,270

Engage credit Loan Mortgage

200,762

200,632

523,492

526,902

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Within other debtors at 31st March 2025 is a loan for £105,452 (2024 - £95,452) to Millgate (Winchester) Limited a company of which both Mr R Carter and Mr A Surtees are directors. The loan is interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

11.	ULTIMATE CONTROLLING PARTY

The controlling party is directors.