REGISTERED NUMBER: 01953443 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

CHARTER OFFICE EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Jenkins

M A Jenkins

SECRETARY:

M A Jenkins

REGISTERED OFFICE:

Charter House

161 Newhall Street

Birmingham

West Midlands

B3 1SW

REGISTERED NUMBER:

01953443 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Tangible assets

4

620,605

622,330

Investments

5

445,818

411,667

1,066,423

1,033,997

CURRENT ASSETS

Stocks

21,671

31,626

Debtors

6

116,710

118,564

Cash at bank and in hand

2,692,682

2,744,492

2,831,063

2,894,682

CREDITORS

Amounts falling due within one year

7

169,880

254,580

NET CURRENT ASSETS

2,661,183

2,640,102

TOTAL ASSETS LESS CURRENT LIABILITIES

3,727,606

3,674,099

PROVISIONS FOR LIABILITIES

8

38,647

24,704

NET ASSETS

3,688,959

3,649,395

CAPITAL AND RESERVES

Called up share capital

14,000

14,000

Capital redemption reserve

9

6,000

6,000

Fair value reserve

9

96,981

68,699

Retained earnings

9

3,571,978

3,560,696

SHAREHOLDERS' FUNDS

3,688,959

3,649,395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 4 August 2026 and were signed on its behalf by:

D Jenkins - Director

1.	STATUTORY INFORMATION

Charter Office Equipment 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 presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 (FRS 102) 1A "The Financial Reporting Standard applicable in the UK and Republic of Ireland - Small Entities", issued by the Financial Reporting Council and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, where required by FRS 102.

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.

Freehold property

-

2% on cost

Fixtures and fittings

-

15% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

989,149

57,423

52,423

1,098,995

Additions

-

-

24,256

24,256

Disposals

-

-

(15,204

)

(15,204

)

At 31 December 2025

989,149

57,423

61,475

1,108,047

DEPRECIATION

At 1 January 2025

379,333

53,067

44,265

476,665

Charge for year

19,783

653

2,047

22,483

Eliminated on disposal

-

-

(11,706

)

(11,706

)

At 31 December 2025

399,116

53,720

34,606

487,442

NET BOOK VALUE

At 31 December 2025

590,033

3,703

26,869

620,605

At 31 December 2024

609,816

4,356

8,158

622,330

5.	FIXED ASSET INVESTMENTS

Other investments

£

COST OR VALUATION

At 1 January 2025

411,667

Additions

37,590

Disposals

(48,369

)

Revaluations

44,930

At 31 December 2025

445,818

NET BOOK VALUE

At 31 December 2025

445,818

At 31 December 2024

411,667

Listed investments represent investments in non-puttable ordinary shares. The fair value of listed investments was determined with reference to the quoted market price at the reporting date. The cost of shares on acquisition was £317,842 (2024 - £321,401).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

105,631

109,968

Other debtors

11,079

8,596

116,710

118,564

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

72,701

102,657

Taxation and social security

17,961

46,006

Other creditors

79,218

105,917

169,880

254,580

8.	PROVISIONS FOR LIABILITIES

Included within provisions for liabilities and charges is a deferred tax liability of £31,004 (2024 - £21,576) in respect of tax on unrealised gains and losses on the Company's listed investments. All other deferred tax is in respect of accelerated capital allowances.

9.

RESERVES

The company's reserves are as follows:

The retained earnings reserve represents the cumulative profits and losses, net of dividends.

The capital redemption reserve represents the cumulative value of share capital redeemed by the company.

The non-distributable reserve represents unrealised gains and losses in respect of other investments, net of deferred tax.