Chestfield Homes Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09984978

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		92		138

			92		138
CURRENT ASSETS
Debtors	5	143,617		143,617
Cash at bank and in hand		15,652		150,197

		159,269		293,814
Creditors: Amounts Falling Due Within One Year	6	(273,688 )		(399,587 )

NET CURRENT ASSETS (LIABILITIES)			(114,419 )		(105,773 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(114,327 )		(105,635 )

Creditors: Amounts Falling Due After More Than One Year	7		(24,464 )		(30,344 )

NET LIABILITIES			(138,791 )		(135,979 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(138,891 )		(136,079 )

SHAREHOLDERS' FUNDS			(138,791)		(135,979)

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Chestfield Homes Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Carl Parsons

Director

22nd December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Chestfield Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09984978 . The registered office is 139-141 Watling Street, Gillingham, Kent, ME7 2YY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The accounts have been prepared on the basis of going concern. This basis may not be appropriate because the company had, at 31st March 2025, net liabilities of £138,791 (2024 £135,979). The validity of the going concern basis is dependent upon the continued support of the other creditors.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.

Computer Equipment

33% on reducing balance

2.3. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

2.4. Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5. Creditors

Short term creditors are composed of trade and other creditors, accruals and loans to third parties. Short term trade and other creditors and accruals are measured at the transaction price. Short term loans from third parties are recognised at amortised cost using the effective interest method where interest terms have been imposed. Loans from third parties are deemed to be short term if they are repayable on demand and therefore carrying value approximates present value. Interest payable on short term loans are recognised in the period in which they are incurred as finance costs.

2.6. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Chestfield Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	1,947

As at 31 March 2025	1,947

Depreciation
As at 1 April 2024	1,809
Provided during the period	46

As at 31 March 2025	1,855

Net Book Value
As at 31 March 2025	92

As at 1 April 2024	138

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	143,617	143,617

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	44,644	129,644
Bank loans and overdrafts	5,880	5,873
Other creditors	223,164	264,070

	273,688	399,587

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	24,464	30,344

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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