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REGISTERED NUMBER: 13683579 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

Chris James Asset Holdings Ltd

| Chris James Asset Holdings Ltd (Registered number: 13683579) |

Contents of the Financial Statements

for the Year Ended 31 October 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chris James Asset Holdings Ltd |

Company Information

for the Year Ended 31 October 2024

| DIRECTOR: | D O'Connell

| REGISTERED OFFICE: | Elmstone Court

| Upper Minety

| Malmesbury

| Wiltshire

| SN16 9PR

| REGISTERED NUMBER: | 13683579 (England and Wales)

| Chris James Asset Holdings Ltd (Registered number: 13683579) |

Balance Sheet

31 October 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 1,000,000 |  | 1,000,000 |  |

CURRENT ASSETS

Debtors | 5 | 3,183 |  | 1,329 |  |

Cash at bank and in hand | 119 |  | 100 |  |

3,302 |  | 1,429 |  |

CREDITORS

Amounts falling due within one year | 6 | 140,715 |  | 131,561 |  |

NET CURRENT LIABILITIES | (137,413 | ) | (130,132 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 862,587 |  | 869,868 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 875,438 |  | 875,438 |  |

NET LIABILITIES | (12,851 | ) | (5,570 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (12,951 | ) | (5,670 | ) |

(12,851 | ) | (5,570 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

| Chris James Asset Holdings Ltd (Registered number: 13683579) |

Balance Sheet - continued

31 October 2024

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 director and authorised for issue on 6 November 2025 and were signed by:

D O'Connell - Director

| Chris James Asset Holdings Ltd (Registered number: 13683579) |

Notes to the Financial Statements

for the Year Ended 31 October 2024

1. | STATUTORY INFORMATION

| Chris James Asset Holdings Ltd 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.

| 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.

| Financial instruments

| Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

| 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.

| Chris James Asset Holdings Ltd (Registered number: 13683579) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 2 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 November 2023

| and 31 October 2024 | 1,000,000 |  |

| NET BOOK VALUE

| At 31 October 2024 | 1,000,000 |  |

| At 31 October 2023 | 1,000,000 |  |

5. | DEBTORS

2024 | 2023 |

£ | £ |

| Amounts falling due within one year:

| Other debtors | 146 |  | - |  |

| Amounts falling due after more than one year:

| Other debtors | 3,037 |  | 1,329 |  |

| Aggregate amounts | 3,183 |  | 1,329 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | - |  | 63 |  |

| Trade creditors | 2,640 |  | - |  |

| Other creditors | 138,075 |  | 131,498 |  |

140,715 |  | 131,561 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other creditors | 875,438 |  | 875,438 |  |

| Chris James Asset Holdings Ltd (Registered number: 13683579) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Mortgage | 875,438 |  | 875,438 |  |

| West One Secured Loans Ltd hold a charge dated 14 March 2022 over freehold property known as 6 Haven's Rise, Swindon, Wiltshire, SN6 6FT.

| E. P. Keogh Contractors Ltd hold a floating charge dated 26 June 2023 which covers all the property or undertaking of the company.

9. | GOING CONCERN

| The director has considered the cashflow and profitability of the business and they are of the opinion that the company will generate sufficient revenues to enable the company to meet its day to day trading needs.

| Consequently, the directors continue to believe that the going concern basis is appropriate in the preparation of these accounts.

| If adoption of the going concern basis were inappropriate, adjustments would be required to write down assets to their recoverable value, to reclassify fixed assets as current assets and to provide for any further liabilities that may arise.