REGISTERED NUMBER: 13228384 (England and Wales)

CHAMONIX PROPERTY INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTOR:

L W Bateman

REGISTERED OFFICE:

30 Station Road

Upper Poppleton

York

YO26 6PY

REGISTERED NUMBER:

13228384 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

FIXED ASSETS

Investment property

4

546,000

845,000

CURRENT ASSETS

Debtors

1,009

980

Cash at bank

52,546

2,160

53,555

3,140

CREDITORS

Amounts falling due within one year

220,566

220,437

NET CURRENT LIABILITIES

(167,011

)

(217,297

)

TOTAL ASSETS LESS CURRENT LIABILITIES

378,989

627,703

CREDITORS

Amounts falling due after more than one year

5

(371,500

)

(570,400

)

PROVISIONS FOR LIABILITIES

(20,996

)

(30,595

)

NET (LIABILITIES)/ASSETS

(13,507

)

26,708

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

7

71,872

91,785

Retained earnings

(85,380

)

(65,078

)

(13,507

)

26,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2026 and were signed by:

L W Bateman - Director

1.	STATUTORY INFORMATION

Chamonix Property Investments 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.

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 provision of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis, as the director has agreed to financially support the company by deferring the repayment of his directors' loan.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, under rental leases.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently investment properties are measured at fair value. Investment property valuations are based on and open market value. Gains and losses arising from changes in fair value of investment properties are included in the profit and loss account and non-distributable reserves in the period in which they arise.

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.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

845,000

Additions

4,200

Disposals

(305,200

)

Revaluations

2,000

At 28 February 2026

546,000

NET BOOK VALUE

At 28 February 2026

546,000

At 28 February 2025

845,000

The carrying value of the investment properties is reviewed at the end of each accounting period and adjusted, if necessary, in line with current fair values. The revaluation was based on a comparison of similar property in a similar location and condition.

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable otherwise than by instalments

Bank loans in more than 5

years

371,500

570,400

371,500

570,400

6.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

371,500

570,400

Bank loans are secured on the property to which they relate.

7.

RESERVES

The revaluation reserve consists of gains arising from changes in the fair value of investment property less deferred tax provided on those gains.