REGISTERED NUMBER: 05864591 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Chartwell (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Runacres

K K Woolcott

S D Metz

SECRETARY:

S D Metz

REGISTERED OFFICE:

Putney Wharf

15 Brewhouse Lane

London

SW15 2JX

REGISTERED NUMBER:

05864591 (England and Wales)

ACCOUNTANTS:

CHARLES PETER

Charles House

46 Station Road

Waltham Abbey

Essex

EN9 1FP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,719

6,750

Investments

6

3,999

3,999

9,718

10,749

CURRENT ASSETS

Debtors

7

58,632

119,256

Cash at bank

28,289

53,628

86,921

172,884

CREDITORS

Amounts falling due within one year

8

338,899

337,397

NET CURRENT LIABILITIES

(251,978

)

(164,513

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(242,260

)

(153,764

)

CREDITORS

Amounts falling due after more than one year

9

3,543

13,556

NET LIABILITIES

(245,803

)

(167,320

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(246,003

)

(167,520

)

SHAREHOLDERS' FUNDS

(245,803

)

(167,320

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 28 October 2025 and were signed on its behalf by:

P Runacres - Director

1.	STATUTORY INFORMATION

Chartwell (UK) 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 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 0, is being amortised evenly over its estimated useful life of nil 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

150,000

AMORTISATION

At 1 February 2024

and 31 January 2025

150,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2024

and 31 January 2025

2,630

15,822

26,113

44,565

DEPRECIATION

At 1 February 2024

-

15,149

22,666

37,815

Charge for year

-

169

862

1,031

At 31 January 2025

-

15,318

23,528

38,846

NET BOOK VALUE

At 31 January 2025

2,630

504

2,585

5,719

At 31 January 2024

2,630

673

3,447

6,750

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2024

and 31 January 2025

3,999

NET BOOK VALUE

At 31 January 2025

3,999

At 31 January 2024

3,999

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

29,519

39,310

Other debtors

29,113

79,946

58,632

119,256

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

20,585

10,000

Payments on account

5,499

-

Trade creditors

17,275

18,277

Taxation and social security

162,211

199,920

Other creditors

133,329

109,200

338,899

337,397

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

3,543

13,556