Chester Investments Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01042779 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Chester Investments Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Chester

SECRETARY:

P Chester

REGISTERED OFFICE:

Riverside House

Moody Lane

Riverside Industrial Estate

Grimsby

North East Lincs

DN31 2SW

REGISTERED NUMBER:

01042779 (England and Wales)

FIXED ASSETS

Tangible assets

4

610,823

511,687

Investment property

5

6,787,920

6,779,091

7,398,743

7,290,778

CURRENT ASSETS

Stocks

1,782,174

Debtors

6

579,671

51,095

Cash at bank

142,533

6,554

2,504,378

1,839,823

CREDITORS

Amounts falling due within one year

7

991,283

939,897

NET CURRENT ASSETS

1,513,095

899,926

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,911,838

8,190,704

PROVISIONS FOR LIABILITIES

805,159

735,565

NET ASSETS

8,106,679

7,455,139

CAPITAL AND RESERVES

Called up share capital

1,000

Other reserves

2,432,820

Retained earnings

5,672,859

5,021,319

8,106,679

7,455,139

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

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 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

P Chester - Director

1.	STATUTORY INFORMATION

Chester Investments Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making allowance for obsolete and slow moving stocks. Cost is determined using the first in first out basis.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2024

555,158

515,040

1,070,198

Additions

-

136,154

Disposals

-

(605

)

(605

)

At 31 March 2025

555,158

650,589

1,205,747

DEPRECIATION

At 1 April 2024

104,928

453,583

558,511

Charge for year

9,004

28,009

37,013

Eliminated on disposal

-

(600

)

(600

)

At 31 March 2025

113,932

480,992

594,924

NET BOOK VALUE

At 31 March 2025

441,226

169,597

610,823

At 31 March 2024

450,230

61,457

511,687

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

6,779,091

Additions

9,487

Disposals

(658

)

At 31 March 2025

6,787,920

NET BOOK VALUE

At 31 March 2025

6,787,920

At 31 March 2024

6,779,091

Investment properties are shown at fair cost, the cost of these properties at the year-end was £3,710,503 (2024: £3,705,390).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

51,243

49,033

Other debtors

528,428

2,062

579,671

51,095

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

17,878

36,270

Taxation and social security

230,363

109,608

Other creditors

743,042

794,019

991,283

939,897

8.	RELATED PARTY DISCLOSURES

During the year the following related party transactions occurred:

31.3.25

31.3.24

£

Sales/recharges made to related parties

184,602

153,540

Trade debtor balances owing from related parties

25,950

-

Trade creditor balances owing from related parties

-

3,751

Balance owing to a related party

425,144

341,845

The related parties are companies under the same common control or under the control of a close family member of the director.