Chesro Limited

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

Registered number: 6545233

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,194,518		1,984,731
Investments	5		1,900		1,900

			2,196,418		1,986,631
CURRENT ASSETS
Debtors	6	1,139,700		761,618
Cash at bank and in hand		1,711		105

		1,141,411		761,723
Creditors: Amounts Falling Due Within One Year	7	(904,036 )		(556,304 )

NET CURRENT ASSETS (LIABILITIES)			237,375		205,419

TOTAL ASSETS LESS CURRENT LIABILITIES			2,433,793		2,192,050

Creditors: Amounts Falling Due After More Than One Year	8		(146,166 )		(197,405 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(263,957 )		(211,510 )

NET ASSETS			2,023,670		1,783,135

CAPITAL AND RESERVES
Called up share capital	11		1		1
Fair value reserve	13		899,690		742,350
Profit and Loss Account			1,123,979		1,040,784

SHAREHOLDERS' FUNDS			2,023,670		1,783,135

Page 1

Page 2

Chesro Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr Jack Critchley

Director

12/01/2026

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

1. General Information

Chesro Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6545233 . The registered office is Haresfield, Stockton Lane, Grappenhall, Warrington, Cheshire, WA4 3HQ.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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

33.3% on cost

2.4. Investment Properties

Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.

Investment properties shall be included in the balance sheet at their market value.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Investments

Investments are stated at cost less provision for diminution in value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Investment Properties	Plant & Machinery	Total
	£	£	£
Cost or Valuation
As at 1 May 2024	1,984,731	500	1,985,231
Revaluation	209,787	-	209,787

As at 30 April 2025	2,194,518	500	2,195,018

Depreciation
As at 1 May 2024	-	500	500

As at 30 April 2025	-	500	500

Net Book Value
As at 30 April 2025	2,194,518	-	2,194,518

As at 1 May 2024	1,984,731	-	1,984,731

Page 3

Page 4

Chesro Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Cost or valuation as at 30 April 2025 represented by:

	Investment Properties	Plant & Machinery	Total
	£	£	£
At cost	1,030,871	500	1,031,371
At valuation	1,163,647	-	1,163,647

	2,194,518	500	2,195,018

The investment properties were valued at open market value by Mr J Critchley, the director of the company, in April 2025.

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 May 2024	1,900

As at 30 April 2025	1,900

Provision
As at 1 May 2024	-

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	1,900

As at 1 May 2024	1,900

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,139,700	761,618

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	77,099	88,905
Corporation tax	106,257	86,092
Other taxes and social security	1,220	1,220
Other creditors	715,160	376,127
Accruals and deferred income	4,300	3,960

	904,036	556,304

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

	2025	2024
	£	£
Bank loans	146,166	197,405

Of the creditors falling due after more than one year the following amounts are due after more than five years.

Page 4

Page 5

Chesro Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

	2025		2024
	£		£
Bank loans	23,611		23,655

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	213,605		271,310

10. Deferred Taxation

The provision for deferred tax relates to revaluations of investment properties.

	2025	2024
	£	£
Other timing differences	263,957	211,510

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

12. Directors Advances, Credits and Guarantees

Included in Creditors is a loan from Mr Jack Critchley. At 30 April 2025 the balance of the loan was £3,910 (2024: included in Debtors was a loan to Mr Jack Critchley of £234,743).

13. Reserves

	Fair Value Reserve
	£
As at 1 May 2024	742,350
Transfer to profit and loss	157,340

As at 30 April 2025	899,690

The Fair Value Reserve represents the cumulative fair value gains and losses in respect of investment properties and their associated deferred tax.