0 01/08/2024 31/07/2025 2025-07-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-08-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 15842147 2024-08-01 2025-07-31 15842147 2025-07-31 15842147 2024-07-31 15842147 core:PlantMachinery 2024-08-01 2025-07-31 15842147 core:OnerousContractsExcludingVacantProperties 2024-08-01 2025-07-31 15842147 bus:RegisteredOffice 2024-08-01 2025-07-31 15842147 bus:LeadAgentIfApplicable 2024-08-01 2025-07-31 15842147 bus:Director1 2024-08-01 2025-07-31 15842147 bus:Director2 2024-08-01 2025-07-31 15842147 core:ShareCapital 2024-08-01 2025-07-31 15842147 core:RetainedEarningsAccumulatedLosses 2024-08-01 2025-07-31 15842147 core:WithinOneYear 2025-07-31 15842147 core:ShareCapital 2025-07-31 15842147 core:RetainedEarningsAccumulatedLosses 2025-07-31 15842147 core:PreviouslyStatedAmount core:ShareCapital 2025-07-31 15842147 bus:SmallEntities 2024-08-01 2025-07-31 15842147 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 15842147 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 15842147 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 15842147 bus:AbridgedAccounts 2024-08-01 2025-07-31 15842147 core:FurnitureFittings 2024-08-01 2025-07-31 15842147 core:AllAssociates 2025-07-31
Company registration number: 15842147
Chalet 86 Ltd
Unaudited abridged financial statements
31 July 2025
Chalet 86 Ltd
Contents
Directors and other information
Directors report
Accountants report
Abridged statement of comprehensive income
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Chalet 86 Ltd
Directors and other information

| Directors | Mr John Armstrong
|  | Mr Andrew Dark
| Company number | 15842147
| Registered office | Unit 7 Strand House Locomotion Way
|  | Camperdown Industrial Estate
|  | Newcastle Upon Tyne
|  | NE12 5US
| Business address | 3 Albion Road
|  | Tynemouth
|  | North Shields
|  | NE30 2RJ
| Accountants | T R Dixon & Co Ltd
|  | Chartered Certified Accountants
|  | Statutory Auditors
|  | Bermuda House
|  | 1a Dinsdale Place
|  | Jesmond
|  | Newcastle Upon Tyne
|  | NE2 1BD

Chalet 86 Ltd
Directors report
Year ended 31 July 2025
The directors present their report and the unaudited financial statements of the company for the year ended 31 July 2025.
Directors
The directors who served the company during the year were as follows:

Mr John Armstrong
Mr Andrew Dark

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 15 April 2026 and signed on behalf of the board by:
Mr John Armstrong
Director
Chalet 86 Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Chalet 86 Ltd
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 financial statements of Chalet 86 Ltd for the year ended 31 July 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements.
This report is made solely to the board of directors of Chalet-86 Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Chalet-86 Limited and state those matters that we have agreed to state to the board of directors of Chalet-86 Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chalet-86 Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Chalet 86 Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Chalet 86 Ltd. You consider that Chalet 86 Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Chalet 86 Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
T R Dixon & Co Ltd
Chartered Certified Accountants
Statutory Auditors
Bermuda House
1a Dinsdale Place
Jesmond
Newcastle Upon Tyne
NE2 1BD
15 April 2026
Chalet 86 Ltd
Abridged statement of comprehensive income
Year ended 31 July 2025

|  |  |  | 2025 |  |  |
|  | Note |  | £ |  |  |
Gross profit |  |  |  | 58,573 |  |  |
Administrative expenses |  |  |  | ( 63,206) |  |  |
|  |  |  | _______ |  |  |
Operating loss |  |  |  | ( 4,633) |  |  |
Other interest receivable and similar income |  |  |  | ( 420) |  |  |
|  |  |  | _______ |  |  |
Loss before taxation |  | 4 |  | ( 5,053) |  |  |
Tax on loss |  |  |  | - |  |  |
|  |  |  | _______ |  |  |
Loss for the financial year and total comprehensive income |  |  |  | ( 5,053) |  |  |
|  |  |  | _______ |  |  |

All the activities of the company are from continuing operations.
Chalet 86 Ltd
Abridged statement of financial position
31 July 2025

|  |  | 2025 |  |  |  |  |  |
|  | Note | £ |  | £ |  |  |  |
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 97,562 |  |  |  |  |  |
|  |  | _______ |  |  |  |  |  |
|  |  |  |  | 97,562 |  |  |  |
Current assets |  |  |  |  |  |  |  |  |
Stocks |  |  | 6,859 |  |  |  |  |  |
Debtors |  |  | 4,453 |  |  |  |  |  |
Cash at bank and in hand |  |  | 13,632 |  |  |  |  |  |
|  |  | _______ |  |  |  |  |  |
|  |  | 24,944 |  |  |  |  |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  |  | ( 127,557) |  |  |  |  |  |
|  |  | _______ |  |  |  |  |  |
Net current liabilities |  |  |  |  | ( 102,613) |  |  |  |
|  |  |  |  | _______ |  |  |  |
Total assets less current liabilities |  |  |  |  | ( 5,051) |  |  |  |
|  |  |  |  | _______ |  |  |  |
Net liabilities |  |  |  |  | ( 5,051) |  |  |  |
|  |  |  |  | _______ |  |  |  |
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 2 |  |  |  |
Profit and loss account |  |  |  |  | ( 5,053) |  |  |  |
|  |  |  |  | _______ |  |  |  |
Shareholders deficit |  |  |  |  | ( 5,051) |  |  |  |
|  |  |  |  | _______ |  |  |  |

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.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 15 April 2026 , and are signed on behalf of the board by:
Mr John Armstrong
Director
Company registration number: 15842147
Chalet 86 Ltd
Statement of changes in equity
Year ended 31 July 2025

|  | Called up share capital | Profit and loss account | Total |  |  |  |  |
|  | £ | £ | £ |  |  |  |  |
At 1 August 2024 |  | - | - | - |  |  |  |  |
Loss for the year |  |  | ( 5,053) | ( 5,053) |  |  |  |  |
|  | _______ | _______ | _______ |  |  |  |  |
Total comprehensive income for the year |  | - | ( 5,053) | ( 5,053) |  |  |  |  |
Issue of shares |  | 2 |  | 2 |  |  |  |  |
|  | _______ | _______ | _______ |  |  |  |  |
Total investments by and distributions to owners |  | 2 | - | 2 |  |  |  |  |
|  | _______ | _______ | _______ |  |  |  |  |
At 31 July 2025 |  | 2 | ( 5,053) | ( 5,051) |  |  |  |  |
|  | _______ | _______ | _______ |  |  |  |  |

Chalet 86 Ltd
Notes to the financial statements
Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is Unit 7 Strand House Locomotion Way, Camperdown Industrial Estate, Newcastle Upon Tyne, NE12 5US.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 15 % | reducing balance
| User defined asset | - | 10 % | reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4. Loss before taxation
Loss before taxation is stated after charging/(crediting):

|  |  |  | 2025 |
|  |  |  | £ |
| Depreciation of tangible assets |  |  | 10,840 |
|  |  |  | _______ |

5. Tangible assets

|  | £ |  |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 August 2024 | - |  |  |  |  |  |
| Additions | 108,403 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 July 2025 | 108,403 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 August 2024 | - |  |  |  |  |  |
| Charge for the year | 10,841 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 31 July 2025 | 10,841 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 July 2025 | 97,562 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |

6. Related party transactions
During the year the company entered into the following transactions with related parties:

|  | Transaction value | Balance owed by /(owed to) |  |
|  | 2025 | 2025 |  |
|  | £ | £ |  |
| Custom Planet Ltd | 18,000 | ( 96,471) |  |
| Longsands Clothing Ltd | 8,957 | 4,453 |  |
|  | _______ | _______ |  |