REGISTERED NUMBER: 15027264 (England and Wales)

Cheviot Productions Ltd

Unaudited Financial Statements

for the Year Ended 30th July 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

6

Director:

A J Blackmore

Registered office:

Tarry Cottage

Eglingham

Alnwick

United Kingdom

NE66 2DT

Registered number:

15027264 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

2,749

1,900

Current assets

Debtors

5

3,660

214

Cash at bank

13,322

13

16,982

227

Creditors

Amounts falling due within one year

6

6,669

2,057

Net current assets/(liabilities)

10,313

(1,830

)

Total assets less current liabilities

13,062

70

Provisions for liabilities

(227

)

-

Accruals and deferred income

(2,500

)

-

Net assets

10,335

70

Capital and reserves

Called up share capital

1

1

Retained earnings

10,334

69

10,335

70

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th July 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13th April 2026 and were signed by:

A J Blackmore - Director

1.	Statutory information

Cheviot Productions Ltd 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.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned. Unbilled turnover is included in debtors as amounts recoverable on contracts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Office equipment

-

25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments

The following assets and liabilities are classified as financial instruments - accruals and directors' loans.

Directors' loans (being repayable on demand) and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern

The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - NIL ) .

4.	Tangible fixed assets

Plant and

Office

machinery

equipment

Totals

£

£

£

Cost

At 31st July 2024

2,000

-

2,000

Additions

764

438

1,202

At 30th July 2025

2,764

438

3,202

Depreciation

At 31st July 2024

100

-

100

Charge for year

325

28

353

At 30th July 2025

425

28

453

Net book value

At 30th July 2025

2,339

410

2,749

At 30th July 2024

1,900

-

1,900

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

3,660

214

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Taxation and social security

2,182

70

Other creditors

4,487

1,987

6,669

2,057

7.	Director's advances, credits and guarantees

The following advances and credits to director subsisted during the years ended 30 July 2025 and 30 July 2024:

2025

2024

£

£

Director 1

Balance outstanding at start of year

160

-

Amounts advanced

14,986

160

Amounts repaid

(11,540

)

-

Balance outstanding at end of year

3,606

160

This loan is unsecured, interest free and repayable on demand. No interest has been charged as the loan is below the HMRC reporting level.

8.	Post balance sheet events

Since the year end, on 9 April 2026, a final dividend for the year ending 30 July 2025 of £5,000 per share has been declared.