Cheasty Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC271169

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		9,735		7,499

			9,735		7,499
CURRENT ASSETS
Stocks	6	3,365		3,250
Debtors	7	2,363		1,794
Cash at bank and in hand		6,727		27,585

		12,455		32,629
Creditors: Amounts Falling Due Within One Year	8	(206,708 )		(152,262 )

NET CURRENT ASSETS (LIABILITIES)			(194,253 )		(119,633 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(184,518 )		(112,134 )

Creditors: Amounts Falling Due After More Than One Year	9		19,614		(25,805 )

NET LIABILITIES			(164,904 )		(137,939 )

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			(164,905 )		(137,940 )

SHAREHOLDERS' FUNDS			(164,904)		(137,939)

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Cheasty Limited

Balance Sheet (continued)

As At 31 July 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr George Eastcroft

Director

29/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Cheasty Limited is a private company, limited by shares, incorporated in Scotland, registered number SC271169 . The registered office is 5 Kirkburn Drive, Strathblane, Glasgow, Strathclyde, G63 9EE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% rb
Motor Vehicles	20% sl
Fixtures & Fittings	25% rb

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 22)

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Cheasty Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 August 2024	18,500

As at 31 July 2025	18,500

Amortisation
As at 1 August 2024	18,500

As at 31 July 2025	18,500

Net Book Value
As at 31 July 2025	-

As at 1 August 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 August 2024	92,837	45,962	16,404	580	155,783
Additions	-	5,483	-	-	5,483

As at 31 July 2025	92,837	51,445	16,404	580	161,266

Depreciation
As at 1 August 2024	92,837	45,025	9,842	580	148,284
Provided during the period	-	1,606	1,641	-	3,247

As at 31 July 2025	92,837	46,631	11,483	580	151,531

Net Book Value
As at 31 July 2025	-	4,814	4,921	-	9,735

As at 1 August 2024	-	937	6,562	-	7,499

6. Stocks

	2025	2024
	£	£
Stock	3,365	3,250

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	2,363	1,794

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Cheasty Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	53,977	34,049
Other creditors	89,835	69,685
Taxation and social security	62,896	48,528

	206,708	152,262

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	28,701	34,120
Amounts owed to group undertakings	(48,315 )	(8,315 )

	(19,614 )	25,805

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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