Registration number: 02225584

Chalice Well Bookshop Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Chalice Well Bookshop Limited

Company Information

Directors

John Capper Alison Scobie Maria Van Eupen

Company secretary

Joanna Dyer

Registered office

Chalice Well Chilkwell Street Glastonbury Somerset BA6 8DD

Accountants

Burton Sweet Limited 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Chalice Well Bookshop Limited

(Registration number: 02225584)
Balance Sheet
31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	176	224
Current assets
Stocks	5	69,200	69,200
Debtors	6	59,868	358
Cash at bank and in hand		60,294	154,224
		189,362	223,782
Creditors: Amounts falling due within one year	7	(21,638)	(59,267)
Net current assets		167,724	164,515
Net assets		167,900	164,739
Capital and reserves
Called up share capital		2	2
Retained earnings		167,898	164,737
Shareholders' funds		167,900	164,739

Chalice Well Bookshop Limited

(Registration number: 02225584)
Balance Sheet
31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 May 2026 and signed on its behalf by:
 

......................................... John Capper Director

Chalice Well Bookshop Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Chalice Well
Chilkwell Street
Glastonbury
Somerset
BA6 8DD

These financial statements were authorised for issue by the Board on 15 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Chalice Well Bookshop Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	20% straight line
Office equipment	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Cost is determined using the average cost (AVCO) method, whereby the cost of items is based on the weighted average cost of similar items held in stock.

The cost of stock comprises purchase cost and other directly attributable costs incurred in bringing the stock to its present location and condition.

At each reporting date, stocks are assessed for impairment. Where items are identified as slow-moving or obsolete, their carrying value is reduced to their estimated selling price less costs to complete and sell, with any impairment recognised immediately in the profit or loss.

Chalice Well Bookshop Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 5).

Chalice Well Bookshop Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 April 2024	35,517	11,407	46,924
Disposals	(2,254)	(778)	(3,032)
At 31 March 2025	33,263	10,629	43,892
Depreciation
At 1 April 2024	35,293	11,407	46,700
Charge for the year	48	-	48
Eliminated on disposal	(2,254)	(778)	(3,032)
At 31 March 2025	33,087	10,629	43,716
Carrying amount
At 31 March 2025	176	-	176
At 31 March 2024	224	-	224

5

Stocks

	2025 £	2024 £
Other inventories	69,200	69,200

6

Debtors

		2025 £	2024 £
Trade debtors		2,254	358
Amounts owed by related parties		57,114	-
Other debtors		500	-
		59,868	358

Chalice Well Bookshop Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	16,635	9,477
Amounts owed to group undertakings	-	36,620
Taxation and social security	4,801	10,645
Accruals and deferred income	147	2,525
Other creditors	55	-
	21,638	59,267

8	Parent and ultimate parent undertaking

The company's immediate parent is The Chalice Well Trust, incorporated in England.