REGISTERED NUMBER: 02036502 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

CHELTENHAM CHEESE CO LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

3,000

Tangible assets

5

5,719

50,418

5,719

53,418

CURRENT ASSETS

Stocks

1,819

33,209

Debtors

6

8,234

151,726

Cash at bank and in hand

268,946

233,372

278,999

418,307

CREDITORS

Amounts falling due within one year

7

19,533

41,703

NET CURRENT ASSETS

259,466

376,604

TOTAL ASSETS LESS CURRENT LIABILITIES

265,185

430,022

PROVISIONS FOR LIABILITIES

1,430

12,605

NET ASSETS

263,755

417,417

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

263,655

417,317

SHAREHOLDERS' FUNDS

263,755

417,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2026 and were signed on its behalf by:

P G Glanville - Director

Ms R L Lavin - Director

1.	STATUTORY INFORMATION

Cheltenham Cheese Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02036502

Registered office:

147 Fairview Road

Cheltenham

Gloucestershire

GL52 2EX

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.

Turnover

Turnover is that value of goods (net of VAT) provided to customers during the year. Turnover is recognised on the sale of goods when the goods are delivered and the title has passed.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

33% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell.

Financial instruments

The following assets and liabilities are classified as basic financial instruments - trade debtors, trade creditors and directors' loans..

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern

The directors have considered the risks and issues concerning the company and its activities, and no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern have been identified by the directors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

10,000

AMORTISATION

At 1 September 2024

7,000

Charge for year

3,000

At 31 August 2025

10,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

3,000

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

4,457

36,516

135,352

176,325

Disposals

-

(27,462

)

(115,190

)

(142,652

)

At 31 August 2025

4,457

9,054

20,162

33,673

DEPRECIATION

At 1 September 2024

4,457

32,055

89,395

125,907

Charge for year

-

567

859

1,426

Eliminated on disposal

-

(26,707

)

(72,672

)

(99,379

)

At 31 August 2025

4,457

5,915

17,582

27,954

NET BOOK VALUE

At 31 August 2025

-

3,139

2,580

5,719

At 31 August 2024

-

4,461

45,957

50,418

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,372

142,392

Prepayments and accrued income

2,862

9,334

8,234

151,726

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

661

188

Corporation Tax

5,081

26,107

Social security and other taxes

66

1,914

VAT

3,282

2,783

Directors' current accounts

6,953

6,329

Accrued expenses

3,490

4,382

19,533

41,703

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

P G Glanville

Balance outstanding at start of year

(5,080

)

(11,363

)

Amounts advanced

-

72,299

Amounts repaid

(312

)

(66,016

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,392

)

(5,080

)

Ms R L Lavin

Balance outstanding at start of year

(1,248

)

(936

)

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,560

)

(1,248

)

There are no set repayment terms and no interest has been charged.

9.

CHARGES

On 6 March 1989 HSBC Bank PLC registered a fixed and floating charge over all debts and assets due to and owned by the company.