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Company Registration No. 10860780 (England and Wales)
Chalkpit Limited Unaudited accounts for the year ended 31 July 2025
Chalkpit Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Chalkpit Limited Company Information for the year ended 31 July 2025
Director
Silas Gregory
Company Number
10860780 (England and Wales)
Registered Office
8 GOLDEN HILL FORT COLWELL ROAD ISLE OF WIGHT PO40 9GD ENGLAND
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Chalkpit Limited for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chalkpit Limited for the year ended 31 July 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 10 March 2026
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Chalkpit Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
8,036
1,740
Current assets
Inventories
5
897
150
Debtors
6
-
149
Cash at bank and in hand
2,930
8,515
3,827
8,814
Creditors: amounts falling due within one year
7
(7,008)
(2,790)
Net current (liabilities)/assets
(3,181)
6,024
Total assets less current liabilities
4,855
7,764
Creditors: amounts falling due after more than one year
8
(388)
(959)
Provisions for liabilities
Deferred tax
9
(1,527)
(331)
Net assets
2,940
6,474
Capital and reserves
Called up share capital
10
1
1
Profit and loss account
2,939
6,473
Shareholders' funds
2,940
6,474
For the year ending 31 July 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 March 2026 and were signed on its behalf by
Silas Gregory Director Company Registration No. 10860780
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Chalkpit Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Chalkpit Limited is a private company, limited by shares, registered in England and Wales, registration number 10860780. The registered office is 8 GOLDEN HILL FORT, COLWELL ROAD, ISLE OF WIGHT, PO40 9GD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Chalkpit Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 August 2024
11,243
Additions
7,840
At 31 July 2025
19,083
Depreciation
At 1 August 2024
9,503
Charge for the year
1,544
At 31 July 2025
11,047
Net book value
At 31 July 2025
8,036
At 31 July 2024
1,740
5
Inventories
2025
2024
£
£
Raw materials
897
150
897
150
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
149
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,432
-
Trade creditors
-
1,231
Taxes and social security
-
1,013
Accruals
576
546
7,008
2,790
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
388
959
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Chalkpit Limited Notes to the Accounts for the year ended 31 July 2025
9
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
1,527
331
2025
2024
£
£
Provision at start of year
331
513
Charged/(credited) to the profit and loss account
1,196
(182)
Provision at end of year
1,527
331
10
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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