REGISTERED NUMBER: 02917140 (England and Wales)

Chiltern of Bovingdon Limited

Unaudited Financial Statements For The Year Ended 31 March 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G A Sweeney

D H Sweeney

K J Brackley

S T Brade

M D Sweeney

P Whiting

SECRETARY:

P Whiting

REGISTERED OFFICE:

3 Coldbath Square

London

EC1R 5HL

REGISTERED NUMBER:

02917140 (England and Wales)

ACCOUNTANTS:

Kingswood Allotts Limited

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Tangible assets

4

10,110

13,600

CURRENT ASSETS

Stocks

775,852

834,309

Debtors

5

1,984,782

1,817,457

Cash at bank

108,787

178,390

2,869,421

2,830,156

CREDITORS

Amounts falling due within one year

2,283,104

2,310,032

NET CURRENT ASSETS

586,317

520,124

TOTAL ASSETS LESS CURRENT LIABILITIES

596,427

533,724

CREDITORS

Amounts falling due after more than one year

(1,667

)

(11,667

)

PROVISIONS FOR LIABILITIES

(2,528

)

(3,400

)

NET ASSETS

592,232

518,657

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Retained earnings

492,232

418,657

592,232

518,657

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

G A Sweeney - Director

1.	STATUTORY INFORMATION

Chiltern of Bovingdon 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.

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

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods -

Revenue from the sales of goods is recognised when all of the following conditions are satisfied:

1. the company has transferred the significant risks and rewards of ownership to the buyer;

2. the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

3. the amount of revenue can be measured reliably;

4. it is probably that the company will receive the consideration due under the transaction; and

5. the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis.

At each balance sheet date, stocks are assessed for impairment, If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

120,226

DEPRECIATION

At 1 April 2024

106,626

Charge for year

3,490

At 31 March 2025

110,116

NET BOOK VALUE

At 31 March 2025

10,110

At 31 March 2024

13,600

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

577,161

573,651

6.	RELATED PARTY DISCLOSURES

During the year, the company made payments to the directors totalling £42,674 (2024: £53,409) and received advances totalling £9,800 (2024: £24,691). Balances of £32,874 owed to the director (2024: £28,718 were transferred to the parent company. At the balance sheet date, the company owed the directors £nil (2024: £nil).

The company has taken advantage of the exemptions available under FRS 102 to not disclose transactions with 100% owned group companies. At the balance sheet date, the company owed £2,121,635 (2024: £2,157,009) to its parent company. At the balance sheet date, the company was owed £1,773,247 (2024: £1,795,909) by fellow subsidiaries.

7.	PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £15,064 (2024: £14,115). Contributions totalling £991 (2024: £1,088) were payable to the fund at the balance sheet date and are included in creditors.