Registration number: 01494341 (England & Wales)

Charmgable Limited

(Registration number: 01494341)
Balance Sheet as at 30 November 2025

	Note	30 November 2025 £	31 May 2024 £
Current assets
Stocks		-	15,320
Debtors	4	14,448	-
		14,448	15,320
Creditors: Amounts falling due within one year	5	(12,857)	(38,257)
Net assets/(liabilities)		1,591	(22,937)
Capital and reserves
Called up share capital		100	100
Retained earnings		1,491	(23,037)
Shareholders' funds/(deficit)		1,591	(22,937)

For the financial period ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges 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 prepared and 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 director on 26 June 2026
 

Mrs L K Williams
Director

Charmgable Limited

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 November 2025

1

General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
2 Birdlip Road
Cheltenham
Gloucestershire
GL52 5AJ

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.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Judgements

No significant judgements have been made by management in preparing these financial statements.

Key sources of estimation uncertainty

No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies.

Revenue recognition

Revenue from the sale of land is recognised when control of the land passes to the buyer, which is typically at the point of legal completion.

Completion is considered the point at which the significant risks and rewards of ownership have transferred to the purchaser, the Company no longer retains control or managerial involvement over the land, the amount of revenue can be measured reliably and it is probable that economic benefits will flow to the Company.

Tax

The tax expense for the period comprises current tax only. Tax is recognised in the profit and loss account, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Charmgable Limited

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 November 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 3 (2024 - 4).

4

Debtors

	2025 £	2024 £
Receivables from related parties	14,448	-
	14,448	-

5

Creditors

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	6	-	34,462
Taxation and social security		5,832	-
Accruals and deferred income		3,230	-
Other creditors		3,795	3,795
		12,857	38,257

6

Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Other borrowings	-	34,462

Charmgable Limited

Notes to the Unaudited Financial Statements for the Period from 1 June 2024 to 30 November 2025

7

Related party transactions

Transactions with directors

At the balance sheet date, the amount due to C and R Lewis, former directors, was £nil (31 May 2024 - £34,462) in the form of a directors' loan account. The loan is unsecured, interest free and repayable on demand.

At the balance sheet date, the amount due from L Williams, was £14,448 (31 May 2024 - £nil) in the form of a directors' loan account. The loan is unsecured, interest is charged at 3.75% and repayable on demand.

Transaction with other related parties

At the balance sheet date, the amount due to former directors T and N Feldcamp was £3,795 (31 May 2024 - £3,795) in the form of a loan account. The loan is unsecured, interest free and repayable on demand.