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REGISTERED NUMBER: 01421456 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CHARTER (MACHINE TOOLS) LIMITED
CHARTER (MACHINE TOOLS) LIMITED (REGISTERED NUMBER: 01421456)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 5


CHARTER (MACHINE TOOLS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: Mr S E Sutton
Mr I D Sallis
Mr N S Sutton





SECRETARY: Mr I D Sallis





REGISTERED OFFICE: Unit 2
Riverside Industrial Estate
Margaret Street
Ashton - Under - Lyne
Lancashire
OL7 0QQ





REGISTERED NUMBER: 01421456 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH
Page 1
CHARTER (MACHINE TOOLS) LIMITED (REGISTERED NUMBER: 01421456)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,061 484
Investments 5 386,389 386,389
390,450 386,873

CURRENT ASSETS
Stocks 128,558 161,398
Debtors 6 307,759 343,450
Cash at bank and in hand 124,547 798,098
560,864 1,302,946
CREDITORS
Amounts falling due within one year 7 501,024 1,221,412
NET CURRENT ASSETS 59,840 81,534
TOTAL ASSETS LESS CURRENT
LIABILITIES
450,290
468,407

CREDITORS
Amounts falling due after more than one
year
8
(110,658
)
(122,903
)

PROVISIONS FOR LIABILITIES - (92 )
NET ASSETS 339,632 345,412

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 339,532 345,312
SHAREHOLDERS' FUNDS 339,632 345,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The notes form part of these financial statements

Page 2 continued...
CHARTER (MACHINE TOOLS) LIMITED (REGISTERED NUMBER: 01421456)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th December 2025 and were signed on its behalf by:




Mr S E Sutton - Director Mr N S Sutton - Director




Mr I D Sallis - Director


The notes form part of these financial statements

Page 3
CHARTER (MACHINE TOOLS) LIMITED (REGISTERED NUMBER: 01421456)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Charter (Machine Tools) Limited 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 represents the total amount receivable by the company for goods and services provided, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2024 38,828
Additions 4,067
At 31st March 2025 42,895
DEPRECIATION
At 1st April 2024 38,344
Charge for year 490
At 31st March 2025 38,834
NET BOOK VALUE
At 31st March 2025 4,061
At 31st March 2024 484

Page 4 continued...
CHARTER (MACHINE TOOLS) LIMITED (REGISTERED NUMBER: 01421456)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st April 2024
and 31st March 2025 386,389
NET BOOK VALUE
At 31st March 2025 386,389
At 31st March 2024 386,389

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 173,983 202,049
Other debtors 133,776 141,401
307,759 343,450

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,359 10,027
Trade creditors 192,012 987,653
Taxation and social security 316 451
Other creditors 298,337 223,281
501,024 1,221,412

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 10,658 22,903
Other creditors 100,000 100,000
110,658 122,903

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary shares £1 100 100

Page 5