REGISTERED NUMBER: 08975823 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Charlotte House Asset Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P M Jarvis

REGISTERED OFFICE:

536 Etruria Road

Newcastle

Staffordshire

ST5 0SX

REGISTERED NUMBER:

08975823 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Oak Tree House, Harwood Road

Northminster Business Park

Upper Poppleton

York

YO26 6QU

FIXED ASSETS

Tangible assets

4

127,214

60,416

Investments

5

3,169,058

2,265,023

Investment property

6

280,000

280,000

3,576,272

2,605,439

CURRENT ASSETS

Debtors

7

513,642

9,317

Investments

8

777

595

Cash at bank and in hand

3,070,187

3,837,400

3,584,606

3,847,312

CREDITORS

Amounts falling due within one year

9

3,135,360

3,305,322

NET CURRENT ASSETS

449,246

541,990

TOTAL ASSETS LESS CURRENT LIABILITIES

4,025,518

3,147,429

CREDITORS

Amounts falling due after more than one year

10

-

47,990

NET ASSETS

4,025,518

3,099,439

CAPITAL AND RESERVES

Called up share capital

12

100

100

Fair value reserve

256,472

198,713

Retained earnings

3,768,946

2,900,626

SHAREHOLDERS' FUNDS

4,025,518

3,099,439

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2025 and were signed by:

P M Jarvis - Director

1.	STATUTORY INFORMATION

Charlotte House Asset Holdings 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 Section1A "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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Fixed asset investments

Fixed asset investments are included at fair value. Gains and losses are recognised in the Profit and Loss Account.

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 Profit and Loss Account, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contacts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimates useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charges to the profit or loss account over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

129,522

Additions

128,058

Disposals

(107,022

)

At 31 March 2025

150,558

DEPRECIATION

At 1 April 2024

69,106

Charge for year

14,438

Eliminated on disposal

(60,200

)

At 31 March 2025

23,344

NET BOOK VALUE

At 31 March 2025

127,214

At 31 March 2024

60,416

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

107,022

Disposals

(107,022

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

60,200

Eliminated on disposal

(60,200

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

46,822

5.	FIXED ASSET INVESTMENTS

Listed

Unlisted

investments

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

2,258,142

6,881

2,265,023

Additions

1,058,267

-

1,058,267

Disposals

(221,135

)

-

(221,135

)

Revaluations

66,903

-

66,903

At 31 March 2025

3,162,177

6,881

3,169,058

NET BOOK VALUE

At 31 March 2025

3,162,177

6,881

3,169,058

At 31 March 2024

2,258,142

6,881

2,265,023

Cost or valuation at 31 March 2025 is represented by:

Listed

Unlisted

investments

investments

Totals

£

£

£

Valuation in 2025

231,220

-

231,220

Cost

2,930,957

6,881

2,937,838

3,162,177

6,881

3,169,058

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

280,000

NET BOOK VALUE

At 31 March 2025

280,000

At 31 March 2024

280,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

(55,000

)

Cost

335,000

280,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other debtors

505,864

5,804

Prepayments and accrued income

7,778

3,513

513,642

9,317

8.	CURRENT ASSET INVESTMENTS

2025

2024

as restated

£

£

Trading account

777

595

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Hire purchase contracts

-

9,188

Taxation and social security

748

31

Other creditors

1,035

372

Directors' current accounts

3,129,577

3,287,206

Accruals and deferred income

4,000

8,525

3,135,360

3,305,322

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Hire purchase contracts

-

47,990

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

as restated

£

£

Hire purchase contracts

-

57,178

Hire purchase liabilities are secured against the assets to which they relate.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

95

A Ordinary

£1

95

95

5

B Ordinary

£1

5

5

100

100

13.	RELATED PARTY DISCLOSURES

2025

2024

£

£

Amounts due to the director

3,129,577

3,287,206

No interest has been charged.