Registered number
07164304
Cheltenham Property Group Limited
Filleted Accounts
30 June 2025

Cheltenham Property Group Limited
Registered number: | 07164304
Balance Sheet
as at 30 June 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 3,539,961 |  |  | 3,104,515
Current assets
Debtors | 4 |  | 254,993 |  |  | 189,201
Cash at bank and in hand |  |  | 148,939 |  |  | 101,283
|  |  | 403,932 |  |  | 290,484
Creditors: amounts falling due within one year | 5 |  | (173,187) |  |  | (172,331)
Net current assets |  |  |  | 230,745 |  |  | 118,153
Total assets less current liabilities |  |  |  | 3,770,706 |  |  | 3,222,668
Creditors: amounts falling due after more than one year | 6 |  |  | (2,492,626) |  |  | (2,500,853)
Net assets |  |  |  | 1,278,080 |  |  | 721,815
Capital and reserves
Called up share capital |  |  |  | 10 |  |  | 10
Profit and loss account |  |  |  | 1,278,070 |  |  | 721,805
Shareholders' funds |  |  |  | 1,278,080 |  |  | 721,815
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S S Dhillon
Director
Approved by the board on 2 March 2026
The notes on pages 2 to 4 form part of these financial statements.

Cheltenham Property Group Limited
Notes to the Accounts
for the year ended 30 June 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover, representing income received from the provision of golf activities and rental income, is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Leasehold land and buildings | over the lease term
| Plant and machinery | over 4 years
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 5 |  | 4
3 | Tangible fixed assets
|  | Land and buildings |  | Plant and machinery etc | Long leasehold improvements |  | Total
£ | £ | £ | £
| Cost
| At 1 July 2024 | 3,056,169 |  | 117,270 |  | - |  | 3,173,439
| Additions | 10,395 |  | 6,808 |  | - |  | 17,203
| Surplus on revaluation | 432,190 |  | - |  | - |  | 432,190
| At 30 June 2025 | 3,498,754 |  | 124,078 |  | - |  | 3,622,832
| Depreciation
| At 1 July 2024 | - |  | 68,924 |  | - |  | 68,924
| Charge for the year | - |  | 13,947 |  | - |  | 13,947
| At 30 June 2025 | - |  | 82,871 |  | - |  | 82,871
| Net book value
| At 30 June 2025 | 3,498,754 |  | 41,207 |  | - |  | 3,539,961
| At 30 June 2024 | 3,056,169 |  | 48,346 |  | - |  | 3,104,515
4 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | - |  | 1,216
| Other debtors | 254,993 |  | 187,985
|  |  |  |  |  | 254,993 |  | 189,201
| Amounts due after more than one year included above | 195,515 |  | 163,187
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Bank loans and overdrafts | 42,926 |  | 54,871
| Other creditors | 68,785 |  | 64,983
| Trade creditors | 11,505 |  | 13,457
| Taxation and social security costs | 49,971 |  | 39,020
|  |  |  |  |  | 173,187 |  | 172,331
| Amounts owed to related parties are due on demand.
6 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 1,384,522 |  | 1,424,052
| Other creditors | 1,108,104 |  | 1,076,801
|  |  |  |  |  | 2,492,626 |  | 2,500,853
7 | Related party transactions
| Debtors include £195,515 (2024: £163,187) owed by Satnam Investments Limited, and £45,327 (2024: £5,827) owed by Cheltenham Property Estates Limited, companies in which S S Dhillon is a director.
| Creditors due after more than one year include £282,676 (2024: £308,676) owed to J M D West, a director of the company, £117 (2024: £117) owed to Cheltenham Property Investments Limited, and £nil (2024: £32,500) owed to Aggregate Developments Limited, companies in which S S Dhillon is a director.
8 | Controlling party
| There is no ultimate controlling party.
9 | Other information
| Cheltenham Property Group Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 17 Imperial Square
| Cheltenham
| Gloucestershire
| GL50 1QZ

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