ACCOUNTS - Final Accounts preparation

Company registration number: 01611998

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	CHILTERN LAND & LEASING COMPANY LIMITED


CHILTERN LAND & LEASING COMPANY LIMITED REGISTERED NUMBER:01611998

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		200,000		200,000
			200,000		200,000
Current assets
Debtors: amounts falling due within one year	5	12,162		6,500
Cash at bank and in hand		5,758		9,313
		17,920		15,813
Creditors: amounts falling due within one year	6	(45,283)		(41,590)
Net current liabilities			(27,363)		(25,777)
Total assets less current liabilities			172,637		174,223
Provisions for liabilities
Deferred tax		(23,180)		(23,180)
			(23,180)		(23,180)
Net assets			149,457		151,043

Capital and reserves
Called up share capital	100	100
Profit and loss account	149,357	150,943
	149,457	151,043

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CHILTERN LAND & LEASING COMPANY LIMITED REGISTERED NUMBER:01611998

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

R N Smith

Director

Date: 19 November 2025

The notes on pages 3 to 5 form part of these financial statements.

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CHILTERN LAND & LEASING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Chiltern Land & Leasing Company Limited is a private company, limited by shares, registered in England and Wales, registration number 01611998. The registered office is Springfield House Beacon Hill, Penn, High Wycombe, Bucks, England, HP10 8NH.
There is no principal place of business.
The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is generated through rent receivable and measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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CHILTERN LAND & LEASING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Investment property

Investment property is carried at fair value determined annually by directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 April 2024	200,000
	At 31 March 2025	200,000

The 2025 valuations were made by directors, on an open market value for existing use basis.

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CHILTERN LAND & LEASING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Other debtors	12,162	6,500
	12,162	6,500

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	2,070	1,864
Other creditors	35,713	32,226
Accruals and deferred income	7,500	7,500
	45,283	41,590

7.	Transactions with directors

Within other creditors, there is a balance owed to directors of £14,762 (2024: £11,454) and £20,951 (2024: £17,901), respectively.
Amounts advanced during the year totalled £14,670 (2024: £7,232) and £14,412 (2024: £7,232) respectively.
Amounts repaid during the year totalled £11,362 (2024:£12,000) and £11,362 (2024: £Nil) respectively.
Both balances are interest free.

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