CHAPEL LANE PROPERTY LTD


Director	DEWISON, Mark Edward


Registered Address	86 The Highway C/O Am Wyatt & Co Ltd
	Adlink House,
	Hawarden
	CH5 3DJ


Registered Number	12739999 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		261,489		130,000
			261,489		130,000
Current assets
Debtors	4	4,443		6,031
Cash at bank and on hand		537		436
		4,980		6,467
Creditors amounts falling due within one year	5	(84,810)		(25,248)
Net current assets (liabilities)			(79,830)		(18,781)
Total assets less current liabilities			181,659		111,219
Creditors amounts falling due after one year	6		(180,030)		(86,300)
Provisions for liabilities	7		(1,129)		(7,350)
Net assets			500		17,569
Capital and reserves
Called up share capital			100		100
Revaluation reserve			31,334		31,334
Profit and loss account			(30,934)		(13,865)
Shareholders' funds			500		17,569

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 April 2026, and are signed on its behalf by:

DEWISON, Mark Edward
Director
Registered Company No. 12739999

CHAPEL LANE PROPERTY LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured as rental income received.

	Deferred tax
	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.

Deferred tax

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.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Trade and other 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.

Trade and other 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.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other 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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 August 24	130,000
	Additions	131,489
	At 31 July 25	261,489

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	4,443	6,031
Total	4,443	6,031

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	82,320	25,248
Accrued liabilities and deferred income	2,490	-
Total	84,810	25,248

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	180,030	86,300
Total	180,030	86,300

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,129	7,350
Total	1,129	7,350

8.	Related party transactions
	At 31 July 2025 the company was owed £4,443 (2024 - £6,031) from UK Away Stay Ltd which has a mutual shareholder.