REGISTERED NUMBER: 10196213 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2026

for

Chester-Davis Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr W B Chester-Davis

REGISTERED OFFICE:

Selborne House

84 Fawcett Road

Southsea

Portsmouth

Hampshire

PO4 0DN

REGISTERED NUMBER:

10196213 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Tangible assets

4

296,615

286,545

CURRENT ASSETS

Debtors

5

1,123

185

Cash at bank and in hand

6,287

12,025

7,410

12,210

CREDITORS

Amounts falling due within one year

6

80,909

79,541

NET CURRENT LIABILITIES

(73,499

)

(67,331

)

TOTAL ASSETS LESS CURRENT LIABILITIES

223,116

219,214

CREDITORS

Amounts falling due after more than one year

7

179,191

182,886

NET ASSETS

43,925

36,328

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

43,825

36,228

SHAREHOLDERS' FUNDS

43,925

36,328

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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

The financial statements were approved by the director and authorised for issue on 25 August 2026 and were signed by:

Dr W B Chester-Davis - Director

1.	STATUTORY INFORMATION

Chester-Davis Ltd 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 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.

Medical equipment

-

25% on cost

Motor vehicles

-

25% on reducing balance

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Medical

Motor

property

equipment

vehicles

Totals

£

£

£

£

COST

At 1 July 2025

286,545

4,000

-

290,545

Additions

-

-

13,427

13,427

At 30 June 2026

286,545

4,000

13,427

303,972

DEPRECIATION

At 1 July 2025

-

4,000

-

4,000

Charge for year

-

-

3,357

3,357

At 30 June 2026

-

4,000

3,357

7,357

NET BOOK VALUE

At 30 June 2026

286,545

-

10,070

296,615

At 30 June 2025

286,545

-

-

286,545

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

1,123

97

Other debtors

-

88

1,123

185

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans and overdrafts

3,000

9,780

Trade creditors

25

233

Taxation and social security

8,204

12,736

Other creditors

69,680

56,792

80,909

79,541

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Bank loans

179,191

182,886

Included within other creditors falling due after more than one year is an amount of £167,191 (2025: £173,107) in respect of liabilities which fall due for payment by instalments after more than five years from the balance sheet date.

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.6.26

30.6.25

£

£

Within one year

-

12,657

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.26

30.6.25

£

£

Mortgage

182,191

185,108

The mortgage is secured against the freehold property and also by a personal guarantee from the directors.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.26

30.6.25

value:

£

£

100

Ordinary

£1

100

100