Charnley's Home and Garden Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05340947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CHARNLEY'S HOME AND GARDEN LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Charnley

Mr S Procter

SECRETARY:

Mr M Charnley

REGISTERED OFFICE:

Crooklands Brow

Dalton in Furness

Cumbria

LA15 8JH

REGISTERED NUMBER:

05340947 (England and Wales)

BANKERS:

Handelsbanken

First Floor East

Bridge Mills

Stramongate

Kendal

LA9 4BD

FIXED ASSETS

Tangible assets

4

2,217,262

1,741,760

CURRENT ASSETS

Stocks

540,000

523,857

Debtors

581,617

603,923

Cash at bank and in hand

802,792

465,142

1,924,409

1,592,922

CREDITORS

Amounts falling due within one year

1,073,397

825,616

NET CURRENT ASSETS

851,012

767,306

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,068,274

2,509,066

CREDITORS

Amounts falling due after more than one
year

5

1,076,041

762,120

NET ASSETS

1,992,233

1,746,946

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

1,992,231

1,746,944

SHAREHOLDERS' FUNDS

1,992,233

1,746,946

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 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by:

Mr M Charnley - Director

1.	STATUTORY INFORMATION

Charnley's Home and Garden 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.

Freehold property

-

2% on cost

Leasehold property

-

2% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Depreciation of freehold and leasehold property was introduced on 1st April 2021.

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2024 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

2,320,731

Additions

596,082

At 31 March 2025

2,916,813

DEPRECIATION

At 1 April 2024

578,971

Charge for year

120,580

At 31 March 2025

699,551

NET BOOK VALUE

At 31 March 2025

2,217,262

At 31 March 2024

1,741,760

The net book value of tangible fixed assets includes £11,988 (2024: £23,066) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £11,078 (2024: £11,078) for the financial year.

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS

31.3.25

31.3.24

£

Repayable by instalments

Bank loans more than 5 years

repayable by instalments

636,667

404,000

636,667

404,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

1,210,478

851,196

Other loans

80,000

1,290,478

931,196

Handelsbanken PLC hold a fixed and floating charge over the undertaking and all property and fixed assets present and future including goodwill, bookdebts, uncalled capital, buildings, fixtures and fixed plant and machinery

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

2

Ordinary

£1

2