REGISTERED NUMBER: 00807161 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CHALK FARM PROPERTIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Tibber

Mrs L - Toft

SECRETARY:

Mrs S Bottrill

REGISTERED OFFICE:

Mayfield

Argyle Road

Barnet

Hertfordshire

EN5 4DX

REGISTERED NUMBER:

00807161 (England and Wales)

ACCOUNTANTS:

Y P Associates

Chartered Certified Accountants

6 The Fairway

Wembley

Middlesex

HA0 3LH

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

4,550,000

3,915,000

4,550,000

3,915,000

CURRENT ASSETS

Debtors

6

-

54,245

Cash at bank

49,137

23,148

49,137

77,393

CREDITORS

Amounts falling due within one year

7

2,382,186

1,269,458

NET CURRENT LIABILITIES

(2,333,049

)

(1,192,065

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,216,951

2,722,935

CREDITORS

Amounts falling due after more than one year

8

-

(1,020,000

)

PROVISIONS FOR LIABILITIES

(130,500

)

-

NET ASSETS

2,086,451

1,702,935

CAPITAL AND RESERVES

Called up share capital

10,010

10,010

Fair value reserve

10

2,285,228

1,838,236

Retained earnings

(208,787

)

(145,311

)

SHAREHOLDERS' FUNDS

2,086,451

1,702,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

Mrs L - Toft - Director

1.	STATUTORY INFORMATION

CHALK FARM PROPERTIES 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced rent receivable , excluding value added tax.

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

-

20% on cost

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognized at transaction price, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

1,418

DEPRECIATION

At 1 July 2024

and 30 June 2025

1,418

NET BOOK VALUE

At 30 June 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

3,915,000

Additions

57,508

Revaluations

577,492

At 30 June 2025

4,550,000

NET BOOK VALUE

At 30 June 2025

4,550,000

At 30 June 2024

3,915,000

Investments properties were valued on a fair value basis on 30/6/25 by the directors and professional valuation of one of the property.

If the properties has not been valued on a fair basis they would have been included at their historical cost of £2,134,272 ( 2024 £2,076,792 ).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

7,917

Other debtors

-

46,328

-

54,245

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,120,000

-

Trade creditors

11,343

52,092

Amounts owed to group undertakings

1,176,234

1,177,014

Taxation and social security

9,421

513

Other creditors

65,188

39,839

2,382,186

1,269,458

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

1,020,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,120,000

1,020,000

A first legal charge over investment properties.

10.

RESERVES

Fair

value

reserve

£

At 1 July 2024

1,838,236

Movement for the year

446,992

At 30 June 2025

2,285,228

11.	RELATED PARTY DISCLOSURES