Caseware UK (AP4) 2024.0.164 2024.0.164 2025-07-31 2025-07-31 2024-08-01 false Propert investment and rental income 2 2 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03601908 2024-08-01 2025-07-31 03601908 2023-08-01 2024-07-31 03601908 2025-07-31 03601908 2024-07-31 03601908 1 2024-08-01 2025-07-31 03601908 d:Director1 2024-08-01 2025-07-31 03601908 c:FreeholdInvestmentProperty 2024-08-01 2025-07-31 03601908 c:FreeholdInvestmentProperty 2025-07-31 03601908 c:FreeholdInvestmentProperty 2024-07-31 03601908 c:CurrentFinancialInstruments 2025-07-31 03601908 c:CurrentFinancialInstruments 2024-07-31 03601908 c:Non-currentFinancialInstruments 2025-07-31 03601908 c:Non-currentFinancialInstruments 2024-07-31 03601908 c:CurrentFinancialInstruments c:WithinOneYear 2025-07-31 03601908 c:CurrentFinancialInstruments c:WithinOneYear 2024-07-31 03601908 c:Non-currentFinancialInstruments c:AfterOneYear 2025-07-31 03601908 c:Non-currentFinancialInstruments c:AfterOneYear 2024-07-31 03601908 c:ShareCapital 2025-07-31 03601908 c:ShareCapital 2024-07-31 03601908 c:RevaluationReserve 2025-07-31 03601908 c:RevaluationReserve 2024-07-31 03601908 c:RetainedEarningsAccumulatedLosses 2025-07-31 03601908 c:RetainedEarningsAccumulatedLosses 2024-07-31 03601908 c:OtherDeferredTax 2025-07-31 03601908 c:OtherDeferredTax 2024-07-31 03601908 d:FRS102 2024-08-01 2025-07-31 03601908 d:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 03601908 d:FullAccounts 2024-08-01 2025-07-31 03601908 d:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 03601908 5 2024-08-01 2025-07-31 03601908 e:PoundSterling 2024-08-01 2025-07-31 iso4217:GBP xbrli:pure

Registered number: 03601908 CHIVERMART LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JULY 2025
CHIVERMART LIMITED REGISTERED NUMBER:03601908
BALANCE SHEET AS AT 31 JULY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 5 |  | 650,000 |  | 1,250,000
|  |  | 650,000 |  | 1,250,000
Current assets |  |  |  |  |
Cash at bank and in hand |  | 429,685 |  | 7,415 |
|  | 429,685 |  | 7,415 |
Creditors: amounts falling due within one year | 6 | (69,936) |  | (135,037) |
Net current assets/(liabilities) |  |  | 359,749 |  | (127,622)
Total assets less current liabilities |  |  | 1,009,749 |  | 1,122,378
Creditors: amounts falling due after more than one year | 7 |  | - |  | (246,525)
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (90,293) |  | (125,156) |
|  |  | (90,293) |  | (125,156)
Net assets |  |  | 919,456 |  | 750,697
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Revaluation reserve |  |  | 360,955 |  | 583,622
Profit and loss account |  |  | 558,499 |  | 167,073
|  |  | 919,456 |  | 750,697
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CHIVERMART LIMITED REGISTERED NUMBER:03601908
BALANCE SHEET (CONTINUED) AS AT 31 JULY 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 November 2025.
___________________________ Andrew Towns-Wadey
Director
The notes on pages 3 to 6 form part of these financial statements. - 2 -
CHIVERMART LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. | General information
Chivermart Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03601908. The registered office is Rosehill, Wood Lane, Stanmore, Middlesex, HA7 4JX. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
3. | Going Concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
| 3.1 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 3.2 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. - 3 -
CHIVERMART LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2.Accounting policies (continued)
| 3.3 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 3.4 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 3.5 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 3.6 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. - 4 -
CHIVERMART LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2.Accounting policies (continued)
| 3.7 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
4. | Employees
| The average monthly number of employees, including the director, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Director | 2 | 2
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 August 2024 | 1,250,000
| Disposals | (600,000)
| At 31 July 2025 | 650,000
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 33,600
| Amounts owed to related undertakings | 1,901 | 1,901
| Corporation tax | 64,435 | -
| Other creditors | - | 85,060
| Accruals and deferred income | 3,600 | 14,476
|  | 69,936 | 135,037
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CHIVERMART LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 246,525
|  | - | 246,525
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (125,156)
| Charged to profit or loss | 34,863
| At end of year | (90,293)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Deferred tax | (90,293) | (125,156)
|  | (90,293) | (125,156)
9. | Post balance sheet events
There were no events since the year end which materially affected the company.
10. | Controlling party
Andrew and Margaret Wadey owns 100% of the issued share capital of the company and are therefore the ultimate controllers of the company.
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