| Chadworth Developments Limited |
| Registered Number:03161945 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Chadworth Developments Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Chadworth Developments Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
407,104
411,630
3
407,104
411,630
| Trade and other receivables |
395,127
408,876
4
130,364
| Cash and cash equivalents |
151,248
560,124
525,491
| Trade and other payables: amounts falling due within one year |
(114,871)
(160,606)
5
410,620
399,518
Net current assets
| Total assets less current liabilities |
806,622
822,250
| Trade and other payables: amounts falling due after more than one |
| year |
(69,293)
(55,332)
6
751,290
Net assets
752,957
1,001
1,001
231,842
231,842
7
518,447
520,114
751,290
752,957
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Carl Victor Hulme Director |
| Derek Alan Charlton Director |
| These financial statements were approved and authorised for issue by the Board on 28 October 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Chadworth Developments Limited
Notes to the Financial Statements
Statutory Information
| Chadworth Developments Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03161945. |
2c Bromborough Road
Bebington
Wirral
United Kingdom
CH63 7RE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful lives |
| are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The |
| directors undertake an annual impairment review of these properties. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 31 March 2025
Chadworth Developments Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
16,710
16,710
16,710
16,710
-
-
| 3. Property, plant and equipment |
Motor vehicles
490,398
16,431
3,176
63,269
13,022
394,500
267
-
267
-
-
-
394,500
63,269
3,443
16,431
490,665
13,022
| Provision for depreciation and impairment |
78,768
13,298
2,976
50,002
12,492
-
Charge for year
4,793
1,127
105
3,317
244
-
83,561
14,425
3,081
53,319
12,736
-
394,500
286
9,950
362
2,006
407,104
394,500
530
13,267
200
3,133
411,630
| 4. Trade and other receivables |
2024
2025
10,261
13,100
398,615
382,027
395,127
408,876
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For the year ended 31 March 2025
Chadworth Developments Limited
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
10,000
10,000
5,929
5,695
| Taxation and social security |
42,738
32,364
101,939
66,812
160,606
114,871
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
55,123
66,584
209
2,709
55,332
69,293
| Revaluation reserve at 01 April 2024 |
231,842
231,842
| Revaluation reserve at 31 March 2025 |
| 8. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 5)
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