Company registration number 07288640 (England and Wales)
CHESWORTH ESTATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
CHESWORTH ESTATES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
CHESWORTH ESTATES LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
25,185
22,378
Investment property
4
2,414,139
2,414,139
Investments
5
2,707,997
-
0
5,147,321
2,436,517
Current assets
Debtors
7
8,018
157,717
Cash at bank and in hand
595,887
318,745
603,905
476,462
Creditors: amounts falling due within one year
8
(4,102,182)
(1,520,673)
Net current liabilities
(3,498,277)
(1,044,211)
Total assets less current liabilities
1,649,044
1,392,306
Provisions for liabilities
(12,314)
(4,201)
Net assets
1,636,730
1,388,105
Capital and reserves
Called up share capital
101
101
Profit and loss reserves
1,636,629
1,388,004
Total equity
1,636,730
1,388,105
CHESWORTH ESTATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2025
30 September 2025
- 2 -

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 27 May 2026 and are signed on its behalf by:
Mr A Chesworth
Director
Company registration number 07288640 (England and Wales)
CHESWORTH ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Chesworth Estates Limited is a private company limited by shares incorporated in England and Wales. The registered office is Richard House, 9 Winckley Square, Preston, PR1 3HP.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost convention, modified to include investment properties and investments held at fair value. The principal accounting policies adopted are set out below.

1.2
Revenue

The turnover shown in the profit and loss account represents rents, charges and other amounts receivable during the year, exclusive of Value Added Tax.

Rental income is recognised on an accruals basis at the point at which the company has fulfilled its contractual obligations to the customer.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% straight line
Computer equipment
20% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

CHESWORTH ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Fixed asset investments

The Company holds investments in listed equity securities. These investments are measured at fair value, being the quoted market price at the reporting date.

Movements in fair value are recognised in profit or loss for the year. Transaction costs are expensed as incurred. On disposal, gains or losses are recognised in profit or loss.

Investments are included within fixed or current assets depending on the intended period of holding.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

1.8
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 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

CHESWORTH ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
-
-
CHESWORTH ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
3
Tangible fixed assets
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2024
13,936
21,780
2,003
37,719
Additions
4,620
6,067
-
0
10,687
At 30 September 2025
18,556
27,847
2,003
48,406
Depreciation and impairment
At 1 October 2024
8,361
4,977
2,003
15,341
Depreciation charged in the year
3,018
4,862
-
0
7,880
At 30 September 2025
11,379
9,839
2,003
23,221
Carrying amount
At 30 September 2025
7,177
18,008
-
0
25,185
At 30 September 2024
5,575
16,803
-
0
22,378
4
Investment property
2025
£
Fair value
At 1 October 2024 and 30 September 2025
2,414,139

The fair value of the investment properties at 30 September 2024 were considered by the directors by reference to the cost price and current market yields.

5
Fixed asset investments
2025
2024
£
£
Other investments other than loans
2,707,997
-
0
CHESWORTH ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
5
Fixed asset investments
(Continued)
- 7 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 October 2024
-
Additions
2,681,136
Valuation changes
26,861
At 30 September 2025
2,707,997
Carrying amount
At 30 September 2025
2,707,997
At 30 September 2024
-
6
Financial instruments
2025
2024
£
£
Carrying amount of financial assets include:
Instruments measured at fair value through profit or loss
2,707,997
-
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
8,018
157,717
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
3,009
395
Amounts owed to group undertakings
3,000
33,000
Taxation and social security
70,794
57,847
Other creditors
4,025,379
1,429,431
4,102,182
1,520,673
9
Related party transactions
Balances with related parties
CHESWORTH ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
9
Related party transactions
(Continued)
- 8 -
Category
Amounts owed by
Amounts owed to
related parties
related parties
2025
2024
2025
2024
£
£
£
£
Key management personnel
-
0
-
0
3,925,450
1,427,120
2025-09-30 2024-10-01 false false false 27 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A Chesworth Mrs A R Chesworth 0 07288640 2024-10-01 2025-09-30 07288640 2025-09-30 07288640 2024-09-30 07288640 core:FurnitureFittings 2025-09-30 07288640 core:ComputerEquipment 2025-09-30 07288640 core:MotorVehicles 2025-09-30 07288640 core:FurnitureFittings 2024-09-30 07288640 core:ComputerEquipment 2024-09-30 07288640 core:MotorVehicles 2024-09-30 07288640 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 07288640 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 07288640 core:CurrentFinancialInstruments 2025-09-30 07288640 core:CurrentFinancialInstruments 2024-09-30 07288640 core:ShareCapital 2025-09-30 07288640 core:ShareCapital 2024-09-30 07288640 core:RetainedEarningsAccumulatedLosses 2025-09-30 07288640 core:RetainedEarningsAccumulatedLosses 2024-09-30 07288640 bus:Director1 2024-10-01 2025-09-30 07288640 core:FurnitureFittings 2024-10-01 2025-09-30 07288640 core:ComputerEquipment 2024-10-01 2025-09-30 07288640 core:MotorVehicles 2024-10-01 2025-09-30 07288640 core:FurnitureFittings 2024-09-30 07288640 core:ComputerEquipment 2024-09-30 07288640 core:MotorVehicles 2024-09-30 07288640 2024-09-30 07288640 core:KeyManagementPersonnel 2024-10-01 2025-09-30 07288640 core:KeyManagementPersonnel 2025-09-30 07288640 core:KeyManagementPersonnel 2024-09-30 07288640 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 07288640 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 07288640 bus:FRS102 2024-10-01 2025-09-30 07288640 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 07288640 bus:Director2 2024-10-01 2025-09-30 07288640 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP