REGISTERED NUMBER: 12045157 (England and Wales)

CHORLEY SPRINGS LIMITED

Unaudited Financial Statements for the Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P R Vickers

Mrs J A Vickers

REGISTERED OFFICE:

59-61 Charlotte Street

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

12045157 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

220,194

221,007

CURRENT ASSETS

Debtors

5

722

779

Cash at bank

27,937

31,148

28,659

31,927

CREDITORS

Amounts falling due within one year

6

242,801

243,261

NET CURRENT LIABILITIES

(214,142

)

(211,334

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,052

9,673

PROVISIONS FOR LIABILITIES

1,659

2,091

NET ASSETS

4,393

7,582

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,293

7,482

4,393

7,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 4 November 2025 and were signed on its behalf by:

P R Vickers - Director

1.	STATUTORY INFORMATION

Chorley Springs 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

210,000

32,477

242,477

Additions

-

4,445

4,445

At 30 June 2025

210,000

36,922

246,922

DEPRECIATION

At 1 July 2024

-

21,470

21,470

Charge for year

-

5,258

5,258

At 30 June 2025

-

26,728

26,728

NET BOOK VALUE

At 30 June 2025

210,000

10,194

220,194

At 30 June 2024

210,000

11,007

221,007

Included in cost of land and buildings is freehold land of £ 210,000 (2024 - £ 210,000 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

722

779

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,340

1,139

Social security and other taxes

(423

)

773

Directors' loan accounts

240,510

239,533

Accruals and deferred income

1,374

1,816

242,801

243,261