Company Registration No. 07984202 (England and Wales)
Charlton Blair Limited
Unaudited accounts
for the year ended 31 March 2025
Charlton Blair Limited
Unaudited accounts
Contents
Charlton Blair Limited
Company Information
for the year ended 31 March 2025
Directors
Alastair Blair
Timothy Blair
Company Number
07984202 (England and Wales)
Registered Office
8 Winchester Drive
South West Industrial Estate
Peterlee
SR8 2JD
United Kingdom
Accountants
Abacus Jack Ltd
New Century House
Crowther Road
Washington
Tyne and Wear
NE38 0QA
Charlton Blair Limited
Statement of financial position
as at 31 March 2025
Tangible assets
71,695
40,357
Investment property
1,279,268
2,327,363
Inventories
289,164
289,164
Cash at bank and in hand
128,566
73,808
Creditors: amounts falling due within one year
(1,042,730)
(1,149,059)
Net current assets
890,700
178,574
Total assets less current liabilities
2,241,663
2,546,294
Creditors: amounts falling due after more than one year
(22,220)
(543,610)
Provisions for liabilities
Deferred tax
(100,095)
(206,910)
Net assets
2,119,348
1,795,774
Called up share capital
866
866
Share premium
648,634
648,634
Revaluation reserve
799,894
799,894
Profit and loss account
669,954
346,380
Shareholders' funds
2,119,348
1,795,774
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by
Alastair Blair
Director
Company Registration No. 07984202
Charlton Blair Limited
Notes to the Accounts
for the year ended 31 March 2025
Charlton Blair Limited is a private company, limited by shares, registered in England and Wales, registration number 07984202. The registered office is 8 Winchester Drive, South West Industrial Estate, Peterlee, SR8 2JD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% - 33.3% straight line
Motor vehicles
25% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Charlton Blair Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
35,170
19,400
12,075
185
66,830
Additions
3,200
46,396
300
-
49,896
At 31 March 2025
38,370
65,796
12,375
185
116,726
At 1 April 2024
7,424
6,789
12,075
185
26,473
Charge for the year
4,889
13,639
30
-
18,558
At 31 March 2025
12,313
20,428
12,105
185
45,031
At 31 March 2025
26,057
45,368
270
-
71,695
At 31 March 2024
27,746
12,611
-
-
40,357
Fair value at 1 April 2024
2,327,363
At 31 March 2025
1,279,268
Amounts falling due within one year
Amounts due from group undertakings etc.
1,502,573
957,272
Accrued income and prepayments
2,435
4,697
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
42,520
Obligations under finance leases and hire purchase contracts
7,091
-
Trade creditors
2,218
47,309
Amounts owed to group undertakings and other participating interests
-
180,926
Taxes and social security
73,143
5,372
Other creditors
968,418
880,439
Charlton Blair Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
17,220
-
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).