REGISTERED NUMBER: 12166298 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

CHIODO CONSTRUCTION LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

C Picone-Chiodo

REGISTERED OFFICE:

Highdale Cottage 217 Barnsley Road

Denby Dale

Huddersfield

West Yorkshire

HD8 8TS

REGISTERED NUMBER:

12166298 (England and Wales)

ACCOUNTANTS:

Highdale Accounting Ltd

Highdale Cottage

217 Barnsley Road

Denby Dale

Huddersfield

West Yorkshire

HD8 8TS

FIXED ASSETS

Property, plant and equipment

4

442

553

CURRENT ASSETS

Debtors

5

48,058

38,864

CREDITORS

Amounts falling due within one year

6

28,892

23,980

NET CURRENT ASSETS

19,166

14,884

TOTAL ASSETS LESS CURRENT LIABILITIES

19,608

15,437

CREDITORS

Amounts falling due after more than one year

7

43,814

42,596

NET LIABILITIES

(24,206

)

(27,159

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(24,207

)

(27,160

)

(24,206

)

(27,159

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 28 May 2026 and were signed by:

C Picone-Chiodo - Director

1.	STATUTORY INFORMATION

Chiodo Construction 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future. The company's major liability relates to the directors loan account. The director has given an undertaking to support the company until it returns to a net assets position.

Government grants

The accrual model has been adopted for grants received and are classified as revenue-based grant income.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

1,000

DEPRECIATION

At 1 September 2024

447

Charge for year

111

At 31 August 2025

558

NET BOOK VALUE

At 31 August 2025

442

At 31 August 2024

553

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

-

300

Other debtors

36,057

28,959

36,057

29,259

Amounts falling due after more than one year:

Other debtors

12,001

9,605

Aggregate amounts

48,058

38,864

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

64

-

Taxation and social security

21,772

17,674

Other creditors

1,500

750

28,892

23,980

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

43,814

42,596

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

21,591

14,818

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

C Picone-Chiodo

Balance outstanding at start of year

28,459

14,461

Amounts advanced

9,373

15,240

Amounts repaid

(2,275

)

(1,242

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

35,557

28,459

9.	RELATED PARTY DISCLOSURES

At the year end the director owed the company £35,556.79 (2024: £28,458.91). The interest free loan is included in other debtors.