Company registration number 5217250 (England and Wales)
CHASEVIEW ESTATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
CHASEVIEW ESTATES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
CHASEVIEW ESTATES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
6,982,800
6,982,800
Current assets
Debtors
5
104,158
104,100
Cash at bank and in hand
100
100
104,258
104,200
Creditors: amounts falling due within one year
6
(5,092,779)
(4,920,118)
Net current liabilities
(4,988,521)
(4,815,918)
Total assets less current liabilities
1,994,279
2,166,882
Creditors: amounts falling due after more than one year
7
(1,174,100)
(1,304,100)
Net assets
820,179
862,782
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
820,079
862,682
Total equity
820,179
862,782
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 28 April 2026
Andrew Elias
Director
Company Registration No. 5217250
CHASEVIEW ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information
CHASEVIEW ESTATES LIMITED is a private company limited by shares incorporated in England and Wales. The registered office is 1 Queens Parade, Brownlow Road, London, N11 2DN.
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 amounts 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.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
1.2
Fixed asset investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
1.3
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ 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.
2
Employees
The average monthly number of persons employed by the company during the year was:
2025
2024
Number
Number
Total
0
0
CHASEVIEW ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
6,982,800
6,982,800
In the director's opinion the value of the investments are fairly stated.
4
Subsidiaries
Details of the company's subsidiaries at 31 December 2025 are as follows:
Name of undertaking
Registered
Nature of business
Class of
% Held
office key
shares held
Direct
Chaseview Estates (London) Limited
England
Dormant
Ordinary £1
100.00
Chaseview Hotels Limited
England
Property investments
Deferred/US$1
100.00
Workflair Limited
England
Rental Income from residential property lettings to local authorities
Deferred/US$1
100.00
Registered office addresses (all UK unless otherwise indicated):
1
1 Queens Parade, Brownlow Road, London, N11 2DN
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking
Profit/(Loss)
Capital and Reserves
£
£
Chaseview Estates (London) Limited
100
Chaseview Hotels Limited
106,073
9,725,226
Workflair Limited
2,527,472
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
104,158
104,100
Other debtors represents an amount of £104,158 (2024: £104,100) due by Pragma Fortune Limited, a company in which Andrew Elias is a director.
CHASEVIEW ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts due to group undertakings
4,992,028
4,820,665
Director's current account
99,251
97,953
Other creditors
1,500
1,500
5,092,779
4,920,118
7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Director's loan account
1,174,100
1,304,100
8
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
100 ordinary shares of £1 each
100
100
9
Controlling party
The company was controlled throughout the current and previous years by the director by virtue of the fact that he owns 100% of the issued share capital.
10
Related party transactions
During the year, the director received a dividend of £41,000 (2024: £41,000) from the company.