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Company Registration No. 14048250 (England and Wales)
CHALFONT PROPERTY INVESTMENT LIMITED Unaudited accounts for the year ended 30 April 2025
CHALFONT PROPERTY INVESTMENT LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CHALFONT PROPERTY INVESTMENT LIMITED Company Information for the year ended 30 April 2025
Directors
Philip Convery Patricia Convery James Convery
Company Number
14048250 (England and Wales)
Registered Office
9 Lovel Road Chalfont St. Peter Gerrards Cross Buckinghamshire SL9 9NW England
Accountants
Bucks Tax And Payroll Services Limited 217 Dundrum Road Newcastle Down BT33 0LW
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CHALFONT PROPERTY INVESTMENT LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
485
437
Investment property
5
209,246
209,246
209,731
209,683
Current assets
Cash at bank and in hand
50
126
Creditors: amounts falling due within one year
6
(198,759)
(204,651)
Net current liabilities
(198,709)
(204,525)
Net assets
11,022
5,158
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
10,922
5,058
Shareholders' funds
11,022
5,158
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by
Philip Convery Director Company Registration No. 14048250
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CHALFONT PROPERTY INVESTMENT LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
CHALFONT PROPERTY INVESTMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14048250. The registered office is 9 Lovel Road, Chalfont St. Peter, Gerrards Cross, Buckinghamshire, SL9 9NW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% per annum of cost
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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CHALFONT PROPERTY INVESTMENT LIMITED Notes to the Accounts for the year ended 30 April 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 May 2024
675
Additions
422
At 30 April 2025
1,097
Depreciation
At 1 May 2024
238
Charge for the year
374
At 30 April 2025
612
Net book value
At 30 April 2025
485
At 30 April 2024
437
5
Investment property
2025
£
Fair value at 1 May 2024
209,246
At 30 April 2025
209,246
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,716
1,587
Loans from directors
196,509
202,530
Accruals
534
534
198,759
204,651
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Loans to directors
At the 30 April 2025, the directors were owed £196,509 (2024 - £202,530) by the company. This is an interest bearing loan repayable on demand. The company was charged £1,500 interest in the year.
9
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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