Company No: 10286667 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.07.2025		31.07.2024
		£		£
Fixed assets
Tangible assets	3	129		172
Investment property	4	250,072		250,072
		250,201		250,244
Current assets
Cash at bank and in hand		5,518		10,134
		5,518		10,134
Creditors: amounts falling due within one year	5	( 213,086)		( 71,152)
Net current liabilities		(207,568)		(61,018)
Total assets less current liabilities		42,633		189,226
Creditors: amounts falling due after more than one year	6	0		( 127,012)
Net assets		42,633		62,214
Capital and reserves
Called-up share capital	7	50		100
Capital redemption reserve		50		0
Profit and loss account		42,533		62,114
Total shareholder's funds		42,633		62,214

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Chas and Dave's Limited (registered number: 10286667) were approved and authorised for issue by the Director on 29 October 2025. They were signed on its behalf by:

Mr C D Bloxham Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Chas and Dave's Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Fixtures and fittings	25 % reducing balance
Computer equipment	4 years straight line

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

	31.07.2025		31.07.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Computer equipment		Total
	£		£		£		£
Cost
At 01 August 2024	600		626		1,227		2,453
At 31 July 2025	600		626		1,227		2,453
Accumulated depreciation
At 01 August 2024	500		554		1,227		2,281
Charge for the financial year	25		18		0		43
At 31 July 2025	525		572		1,227		2,324
Net book value
At 31 July 2025	75		54		0		129
At 31 July 2024	100		72		0		172

4. Investment property

	Investment property
	£
Cost
As at 01 August 2024	250,072
As at 31 July 2025	250,072

The director has considered the investment property value at the balance sheet date, and believes that the carrying value in the accounts is a fair reflection of the value at the balance sheet date.

5. Creditors: amounts falling due within one year

	31.07.2025		31.07.2024
	£		£
Bank loans	122,473		11,187
Amounts owed to director	27,280		53,688
Other loans	57,000		0
Accruals	2,316		0
Taxation and social security	4,017		3,692
Other creditors	0		2,585
	213,086		71,152

6. Creditors: amounts falling due after more than one year

	31.07.2025		31.07.2024
	£		£
Bank loans	0		127,012

7. Called-up share capital

	31.07.2025		31.07.2024
	£		£
Allotted, called-up and fully-paid
50 Ordinary shares of £ 1.00 each (31.07.2024: 100 shares of £ 1.00 each)	50		100

8. Related party transactions

Other related party transactions

	31.07.2025		31.07.2024
	£		£
Company under common control	57,000		0

During the year, a loan facility was made available to the Company by a company under common control. During the year advances and repayments respectively of £60,000 (2024: £Nil) and £3,000 (2024: £Nil) were made. At the balance sheet date, the amount due to the company under common control was £57,000 (2024: £Nil). The amount is interest free unless the borrower defaults, and is wholly repayable on demand.