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Company Registration No. 15794194 (England and Wales)
Char’s Property Management Ltd Unaudited accounts for the period from 22 June 2024 to 31 May 2025
Char’s Property Management Ltd Unaudited accounts Contents
Page
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Char’s Property Management Ltd Company Information for the period from 22 June 2024 to 31 May 2025
Directors
Charlene Angela Colechin Michelle Karen Gill
Company Number
15794194 (England and Wales)
Registered Office
Alma House, 8 Holmgate Road Clay Cross Chesterfield S45 9PH England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Char’s Property Management Ltd Accountants' report
Accountants' report to the board of directors of Char’s Property Management Ltd on the preparation of the unaudited statutory accounts for the period from 22 June 2024 to 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Char’s Property Management Ltd for the period from 22 June 2024 to 31 May 2025 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Char’s Property Management Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Char’s Property Management Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Char’s Property Management Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Char’s Property Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Char’s Property Management Ltd. You consider that Char’s Property Management Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Char’s Property Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 1 December 2025
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Char’s Property Management Ltd Statement of financial position as at 31 May 2025
2025 
Notes
£ 
Fixed assets
Investment property
560,663 
Current assets
Cash at bank and in hand
19,320 
Creditors: amounts falling due within one year
(593,367)
Net current liabilities
(574,047)
Net liabilities
(13,384)
Capital and reserves
Called up share capital
12 
Revaluation reserve
2,821 
Profit and loss account
(16,217)
Shareholders' funds
(13,384)
For the period ending 31 May 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 9 December 2025 and were signed on its behalf by
Charlene Angela Colechin Director Company Registration No. 15794194
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Char’s Property Management Ltd Notes to the Accounts for the period from 22 June 2024 to 31 May 2025
1
Statutory information
Char’s Property Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 15794194. The registered office is Alma House, 8 Holmgate Road, Clay Cross, Chesterfield, S45 9PH, 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 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.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025 
£ 
Additions
556,901 
Net gain from fair value adjustments
3,762 
At 31 May 2025
560,663 
5
Creditors: amounts falling due within one year
2025 
£ 
Loans from directors
591,975 
Accruals
1,392 
593,367 
6
Average number of employees
During the period the average number of employees was 0.
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