REGISTERED NUMBER: 03820567 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

CHEVELEY PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B M Edge

SECRETARY:

Mrs C M Poulton

REGISTERED OFFICE:

23 Isinglass Close

Newmarket

Suffolk

CB8 8HX

REGISTERED NUMBER:

03820567 (England and Wales)

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

1,735,000

1,735,000

1,735,000

1,735,000

CURRENT ASSETS

Debtors

6

850

760

Cash at bank

124,448

122,495

125,298

123,255

CREDITORS

Amounts falling due within one year

7

9,980

13,732

NET CURRENT ASSETS

115,318

109,523

TOTAL ASSETS LESS CURRENT LIABILITIES

1,850,318

1,844,523

CREDITORS

Amounts falling due after more than one year

8

(597,691

)

(597,691

)

PROVISIONS FOR LIABILITIES

(86,550

)

(86,550

)

NET ASSETS

1,166,077

1,160,282

CAPITAL AND RESERVES

Called up share capital

72

2

Retained earnings

1,166,005

1,160,280

SHAREHOLDERS' FUNDS

1,166,077

1,160,282

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd April 2026 and were signed by:

Mr B M Edge - Director

1.	STATUTORY INFORMATION

Cheveley Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Revenue includes rental income and service charges from properties.

Rental income from operating leases is recognised on a straight-line basis over the lease term. When the Group provides incentives to its tenants, the cost of incentives is recognised over the lease term, on a straight-line basis, as a reduction of rental income.

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

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st September 2024

1,883

Disposals

(924

)

At 31st August 2025

959

DEPRECIATION

At 1st September 2024

1,883

Eliminated on disposal

(924

)

At 31st August 2025

959

NET BOOK VALUE

At 31st August 2025

-

At 31st August 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st September 2024

and 31st August 2025

1,735,000

NET BOOK VALUE

At 31st August 2025

1,735,000

At 31st August 2024

1,735,000

Fair value at 31st August 2025 is represented by:

£

Valuation in 2015

323,908

Valuation in 2016

45,000

Valuation in 2017

60,000

Valuation in 2018

25,000

Valuation in 2019

20,000

Valuation in 2020

60,000

Valuation in 2021

120,000

Valuation in 2022

210,000

Valuation in 2023

(45,000

)

Cost

916,092

1,735,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31/8/25

31/8/24

£

£

Cost

916,092

916,092

The investment properties were valued on an open market basis on 31st August 2021 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Other debtors

850

760

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade creditors

67

726

Corporation tax

3,688

5,234

Other creditors

-

3,163

Directors' current accounts

669

739

Accruals

5,556

3,870

9,980

13,732

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank mortgages

138,125

138,125

Other mortgages

459,566

459,566

597,691

597,691

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank mortgages

138,125

138,125

Other mortgages

459,566

459,566

597,691

597,691

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/8/25

31/8/24

£

£

Bank loans

138,125

138,125

Mortgage

459,566

459,566

597,691

597,691

The Bank loans and other mortgages are secured on the freehold property to which they relate.

10.	ULTIMATE CONTROLLING PARTY

The sole director is the ultimate controlling party.