REGISTERED NUMBER: 02871178 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Chadwick Park Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr N Chadwick

R A Chadwick

SECRETARY:

Dr N Chadwick

REGISTERED OFFICE:

Highcombe

Hurtis Hill

Crowborough

East Sussex

TN6 3BL

REGISTERED NUMBER:

02871178 (England and Wales)

ACCOUNTANTS:

RAA Ward Mackenzie Ltd

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

Fixed assets

Tangible assets

4

7,509

9,109

Current assets

Stocks

5

90,421

273,105

Debtors

6

10,000

3,242

Cash at bank and in hand

183,575

22,660

283,996

299,007

Creditors

Amounts falling due within one year

7

(42,495

)

(179,168

)

Net current assets

241,501

119,839

Total assets less current liabilities

249,010

128,948

Capital and reserves

Called up share capital

3

3

Retained earnings

8

249,007

128,945

Shareholders' funds

249,010

128,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 May 2026 and were signed on its behalf by:

Dr N Chadwick - Director

1.	STATUTORY INFORMATION

Chadwick Park Limited 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.

The principal activity of the company in the year under review was that of the development of property and land.

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.

TURNOVER

Turnover 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

DEFERRED TAX

Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as this is considered immaterial.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 December 2024

18,500

3,573

3,900

25,973

Additions

-

799

-

799

At 30 November 2025

18,500

4,372

3,900

26,772

DEPRECIATION

At 1 December 2024

10,262

3,103

3,499

16,864

Charge for year

2,059

240

100

2,399

At 30 November 2025

12,321

3,343

3,599

19,263

NET BOOK VALUE

At 30 November 2025

6,179

1,029

301

7,509

At 30 November 2024

8,238

470

401

9,109

5.

STOCKS

2025

2024

£

£

Work in process

90,421

273,105

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Debtors

9,060

-

VAT

-

1,791

Prepayments

940

1,451

10,000

3,242

The directors consider the carrying value of trade and other receivables approximate to their fair values.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,447

5,925

Corporation tax

38,763

13,934

Social security and other tax

538

182

VAT

448

-

Directors' current accounts

299

158,219

Accrued expenses

1,000

908

42,495

179,168

The directors consider the carrying amounts of current liabilities approximate to their fair values.

8.

RESERVES

Retained

earnings

£

At 1 December 2024

128,945

Profit for the year

120,062

At 30 November 2025

249,007

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

Dr N Chadwick

Balance outstanding at start of year

(5,600

)

(3,460

)

Amounts advanced

15,301

-

Amounts repaid

(10,000

)

(2,140

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(299

)

(5,600

)

R A Chadwick

Balance outstanding at start of year

(152,619

)

(201,852

)

Amounts advanced

152,619

120,233

Amounts repaid

-

(71,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(152,619

)

10.	RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors are amounts due to the director N Chadwick of £299 (2024 - £5,600). This loan is interest free and repayable on demand.

As at the balance sheet date, included in creditors are amounts due to the director R A Chadwick of Nil (2024 - £152,619). This loan is interest free and repayable on demand.