Charlecote Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05061895

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,216		4,427
Investments	5		100		100

			4,316		4,527
CURRENT ASSETS
Debtors	6	2,122		2,692
Cash at bank and in hand		39		286

		2,161		2,978
Creditors: Amounts Falling Due Within One Year	7	(15,094 )		(15,869 )

NET CURRENT ASSETS (LIABILITIES)			(12,933 )		(12,891 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(8,617 )		(8,364 )

Creditors: Amounts Falling Due After More Than One Year	8		(3,745 )		(7,746 )

NET LIABILITIES			(12,362 )		(16,110 )

CAPITAL AND RESERVES
Called up share capital	9		600		600
Capital redemption reserve			600		600
Profit and Loss Account			(13,562 )		(17,310 )

SHAREHOLDERS' FUNDS			(12,362)		(16,110)

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Charlecote 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 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.

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

Mrs Caron Marsh

Director

30/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Charlecote Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05061895 . The registered office is The American Barns, Banbury Road, Lighthorne, Warwick, CV35 0AE.

The presentation currency of the financial statements is the Pound Sterling (£).

All monetary amounts are rounded to the nearest pound.

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	12.5% Straight Line
Fixtures & Fittings	12% Reducing Balance
Computer Equipment	33% Reducing Balance

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	7,548	2,600	24,733	34,881
Additions	-	-	1,248	1,248

As at 31 March 2025	7,548	2,600	25,981	36,129

...CONTINUED

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Charlecote Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	6,978	2,001	21,475	30,454
Provided during the period	294	90	1,075	1,459

As at 31 March 2025	7,272	2,091	22,550	31,913

Net Book Value
As at 31 March 2025	276	509	3,431	4,216

As at 1 April 2024	570	599	3,258	4,427

5. Investments

	Subsidiaries
	£
Cost
As at 1 April 2024	100

As at 31 March 2025	100

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	100

As at 1 April 2024	100

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,122	2,662
Other debtors	-	30

	2,122	2,692

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	8,390	4,894
Bank loans and overdrafts	2,941	5,349
Other creditors	3,469	4,171
Taxation and social security	294	1,455

	15,094	15,869

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

	2025	2024
	£	£
Bank loans	3,745	7,746

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Charlecote Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	600	600

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