| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 28 February 2026 |
| for |
| Chalham Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 28 February 2026 |
| for |
| Chalham Limited |
| Chalham Limited (Registered number: 09275893) |
| Contents of the Financial Statements |
| For The Year Ended 28 February 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Chalham Limited |
| Company Information |
| For The Year Ended 28 February 2026 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Goodridge Court |
| Goodridge Avenue |
| Gloucester |
| Gloucestershire |
| GL2 5EN |
| Chalham Limited (Registered number: 09275893) |
| Balance Sheet |
| 28 February 2026 |
| 28.2.26 | 28.2.25 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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 were approved by the director and authorised for issue on |
| Chalham Limited (Registered number: 09275893) |
| Notes to the Financial Statements |
| For The Year Ended 28 February 2026 |
| 1. | STATUTORY INFORMATION |
| Chalham Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, net of VAT and trade discounts. |
| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the customer, the amount of revenue can be measured reliably, it is probable that economic benefits will flow to the company and the costs incurred or to be incurred can be measured reliably. |
| Revenue from the provision of services is recognised by reference to the stage of completion of the contract activity at the reporting date, where the outcome of the contract can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of recoverable expenses recognised. |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| Financial instruments |
| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| Basic financial assets |
| Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
| Cash and cash equivalents |
| Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. |
| Chalham Limited (Registered number: 09275893) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28 February 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Impairment of financial assets |
| Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in profit or loss. |
| Derecognition of financial assets |
| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity. |
| Classification of financial liabilities |
| Financial liabilities are classified according to the substance of the contractual arrangements entered into. |
| Basic financial liabilities |
| Basic financial liabilities, including trade and other creditors and bank loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. |
| Derecognition of financial liabilities |
| Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire. |
| 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 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. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Chalham Limited (Registered number: 09275893) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28 February 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Leases and hire purchase contracts |
| Assets held under finance leases or hire purchase contracts are recognised as assets of the company at the lower of their fair value at the inception of the lease and the present value of the minimum lease payments. The corresponding liability to the lessor is included within creditors. |
| Lease payments are apportioned between finance charges and the reduction of the outstanding liability so as to produce a constant periodic rate of interest on the remaining balance of the liability. Finance charges are recognised in profit or loss over the lease term. |
| Assets held under finance leases are depreciated over the shorter of the lease term and their useful economic lives, unless ownership is expected to transfer to the company at the end of the lease term, in which case the assets are depreciated over their useful economic lives. |
| Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term unless another more systematic basis is more representative of the time pattern of the economic benefits derived from the leased asset. |
| Lease incentives are recognised as a reduction in rental expense over the lease term on a straight-line basis. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 March 2025 |
| Additions |
| At 28 February 2026 |
| DEPRECIATION |
| At 1 March 2025 |
| Charge for year |
| At 28 February 2026 |
| NET BOOK VALUE |
| At 28 February 2026 |
| At 28 February 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Other debtors |
| Chalham Limited (Registered number: 09275893) |
| Notes to the Financial Statements - continued |
| For The Year Ended 28 February 2026 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.26 | 28.2.25 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |