Chestram Property Co. Ltd
Unaudited Financial Statements
For the year ended 31 March 2026
Pages for Filing with Registrar
Company Registration No. 00563409 (England and Wales)
Chestram Property Co. Ltd
Contents
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
Chestram Property Co. Ltd
Balance Sheet
As at 31 March 2026
Page 1
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
992
1,102
Current assets
Stock
4
3,718,279
3,718,279
Debtors
5
2,649,542
2,656,000
Cash at bank and in hand
3,384
357,428
6,371,205
6,731,707
Creditors: amounts falling due within one year
6
(2,517,103)
(2,846,492)
Net current assets
3,854,102
3,885,215
Total assets less current liabilities
3,855,094
3,886,317
Provisions for liabilities
-
(276)
Net assets
3,855,094
3,886,041
Capital and reserves
Called up share capital
7
10,550
10,550
Capital redemption reserve
450
450
Profit and loss reserves
3,844,094
3,875,041
Total equity
3,855,094
3,886,041
Chestram Property Co. Ltd
Balance Sheet (Continued)
As at 31 March 2026
Page 2

For the financial year ended 31 March 2026 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 10 July 2026 and are signed on its behalf by:
R.G. Baldwin
R.N. Albrow
Director
Director
Company Registration No. 00563409
Chestram Property Co. Ltd
Notes to the Financial Statements
For the year ended 31 March 2026
Page 3
1
Accounting policies
Company information

Chestram Property Co. Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 4 Victoria Square, St Albans, Hertfordshire, AL1 3TF.

1.1
Accounting convention

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. The principal accounting policies adopted are set out below.

1.2
Going concern

The directors have assessed whether the use of going concern is appropriate and have considered financial information for the current year to date, projections or conditions that might cast significant doubt on the ability of the company to continue as a going concern and concluded that going concern is an appropriate basis on which to draw up the accounts.true

1.3
Turnover

Turnover represents the gross proceeds from property sales arising in the year.

Rental income from properties held in stock is included in other operating income. Turnover from property sales is recognised at the date of completion. Rental income is recognised on the accruals basis.

1.4
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
10% 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.

1.5
Stock

Stock comprises properties held for re-sale.

Stock are stated at the lower of cost, which includes the costs of improvements, and net realisable value.

Net realisable value is based on the estimated selling price less further costs expected to be incurred on disposal.

Chestram Property Co. Ltd
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
Page 4
1.6
Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks.

1.7
Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other, or basic financial instruments measured at fair value.

1.8
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.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

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.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 2 (2025: 2).

Chestram Property Co. Ltd
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
Page 5
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 April 2025 and 31 March 2026
25,699
Depreciation and impairment
At 1 April 2025
24,597
Depreciation charged in the year
110
At 31 March 2026
24,707
Carrying amount
At 31 March 2026
992
At 31 March 2025
1,102
4
Stock
2026
2025
£
£
Property stock
3,718,279
3,718,279
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
2,642,428
2,656,000
Amounts falling due after one year:
Deferred tax asset
7,114
-
0
Total debtors
2,649,542
2,656,000
Chestram Property Co. Ltd
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
Page 6
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
-
0
2,057
Corporation tax
-
0
67,056
Other creditors
2,517,103
2,777,379
2,517,103
2,846,492
Other creditors include amounts due to various entities that are shown in note 9.
7
Called up share capital
2026
2025
£
£
Called up share capital
Alloted, called up and fully paid
11,000 Ordinary shares of 5p each
550
550
10,000 'A' class shares of £1 each
10,000
10,000
10,550
10,550
8
Control
In the opinion of the directors there is no one controlling party.
Chestram Property Co. Ltd
Notes to the Financial Statements (Continued)
For the year ended 31 March 2026
Page 7
9
Related party transactions
2026
2026
2025
2025
Debtors
Creditors
Debtors
Creditors
£
£
£
£
Amounts due to and from trusts in which the directors are trustees:
D.G. White Accumulation and Maintenance Trust
-
188,505
-
276,440
-
188,505
-
276,440
2026
2026
2025
2025
Debtors
Creditors
Debtors
Creditors
£
£
£
£
Amounts due to and from companies and partnerships affiliated by virtue of common control:
G.Holmes White (Properties) Limited
2,642,428
-
1,835,000
-
Bordcrest Properties Limited
-
-
-
463,600
Kim & Co
-
55,528
821,000
-
E.E. & A. Tee Limited
-
1,668,000
-
1,424,259
2,642,428
1,723,528
2,656,000
1,887,859
During the year £Nil of overheads were recharged from E. E. & A. Tee Limited (2025: £250,000) and £25,000 of overheads were recharged to G.Holmes White (Properties) Limited (2025: £125,000 recharged from).
2026-03-31 2025-04-01 false false false 14 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity R.G. Baldwin R.N. Albrow Miss S Clark 00563409 2025-04-01 2026-03-31 00563409 2026-03-31 00563409 2025-03-31 00563409 core:OtherPropertyPlantEquipment 2026-03-31 00563409 core:OtherPropertyPlantEquipment 2025-03-31 00563409 core:CurrentInventories 2026-03-31 00563409 core:CurrentInventories 2025-03-31 00563409 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 00563409 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 00563409 core:ShareCapital 2026-03-31 00563409 core:ShareCapital 2025-03-31 00563409 core:CapitalRedemptionReserve 2026-03-31 00563409 core:CapitalRedemptionReserve 2025-03-31 00563409 core:RetainedEarningsAccumulatedLosses 2026-03-31 00563409 core:RetainedEarningsAccumulatedLosses 2025-03-31 00563409 core:ShareCapitalOrdinaryShareClass1 2026-03-31 00563409 core:ShareCapitalOrdinaryShareClass1 2025-03-31 00563409 core:ShareCapitalOrdinaryShareClass2 2026-03-31 00563409 core:ShareCapitalOrdinaryShareClass2 2025-03-31 00563409 core:ShareCapitalOrdinaryShares 2026-03-31 00563409 core:ShareCapitalOrdinaryShares 2025-03-31 00563409 bus:Director1 2025-04-01 2026-03-31 00563409 bus:Director2 2025-04-01 2026-03-31 00563409 core:FurnitureFittings 2025-04-01 2026-03-31 00563409 core:OtherPropertyPlantEquipment 2025-03-31 00563409 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 00563409 core:CurrentFinancialInstruments 2026-03-31 00563409 core:CurrentFinancialInstruments 2025-03-31 00563409 core:Non-currentFinancialInstruments 2026-03-31 00563409 core:Non-currentFinancialInstruments 2025-03-31 00563409 bus:OrdinaryShareClass1 2026-03-31 00563409 bus:OrdinaryShareClass2 2026-03-31 00563409 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 00563409 bus:OrdinaryShareClass2 2025-04-01 2026-03-31 00563409 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 00563409 bus:FRS102 2025-04-01 2026-03-31 00563409 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 00563409 bus:CompanySecretary1 2025-04-01 2026-03-31 00563409 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 00563409 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP