Claremont Freehold Chigwell Limited - Limited company accounts 25.1

REGISTERED NUMBER: 05074647 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

CLAREMONT FREEHOLD CHIGWELL LIMITED

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTORS:

S Adams

J C Veness

T J C Watmough

SECRETARY:

Michael Laurie Magar Limited

REGISTERED OFFICE:

C/O Michael Laurie Magar Limited

1 The Beacons

Hatfield

Hertfordshire

AL10 8RS

REGISTERED NUMBER:

05074647 (England and Wales)

ACCOUNTANTS:

Websters

Chartered Accountants

12 Melcombe Place

London

NW1 6JJ

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

S Adams

J C Veness

T J C Watmough

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

J C Veness - Director

30 August 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Claremont Freehold Chigwell Limited for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Claremont Freehold Chigwell Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Claremont Freehold Chigwell Limited and state those matters that we have agreed to state to the Board of Directors of Claremont Freehold Chigwell Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Claremont Freehold Chigwell Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Claremont Freehold Chigwell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Claremont Freehold Chigwell Limited. You consider that Claremont Freehold Chigwell Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Claremont Freehold Chigwell Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Websters

Chartered Accountants

12 Melcombe Place

London

NW1 6JJ

30 August 2026

TURNOVER

-

OPERATING PROFIT and

PROFIT BEFORE TAXATION

-

Tax on profit

4

-

PROFIT FOR THE FINANCIAL YEAR

-

FIXED ASSETS

Tangible assets

5

96,148

CURRENT ASSETS

Debtors

6

-

6

TOTAL ASSETS LESS CURRENT
LIABILITIES

96,148

96,154

CAPITAL AND RESERVES

Called up share capital

18

Share premium

98,632

Retained earnings

(2,502

)

(2,496

)

96,148

96,154

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2026 and were signed on its behalf by:

J C Veness - Director

1.	STATUTORY INFORMATION

Claremont Freehold Chigwell 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.

These financial statements report the transactions of Claremont Freehold Chigwell Limited only and the presentation currency of the financial statements is the Pound Sterling (£).

The company's principal place of business is C/O Michael Laurie Magar Limited, 1 The Beacons, Hatfield, Hertfordshire AL10 8RS.

COMPANY PURPOSE

The company owns the freehold title of Claremont Place, 24 Brook Parade, Chigwell, Essex IG7 6PY which was purchased for £79,574 consideration.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Depreciation

No depreciation has been provided on the reversionary freehold interest as the directors are of the view that its value will not diminish. The directors consider that this accounting policy, which is a departure from the requirements of the Companies Act concerning depreciation of fixed assets, is therefore necessary to provide a true and fair view.

VAT

The company makes no taxable supplies and therefore, where relevant, all figures in the financial statements are stated inclusive of any VAT.

3.	EMPLOYEES AND DIRECTORS

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

DIRECTORS' REMUNERATION

The directors received no remuneration in respect of their services to the company for the year (2024: £Nil). This is regarded as common practice for an entity set up for the purposes set out in Note 1.

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31 August 2025 nor for the year ended 31 August 2024.

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 September 2024

and 31 August 2025

96,148

NET BOOK VALUE

At 31 August 2025

96,148

At 31 August 2024

96,148

The company owns the freehold interest in Claremont Place. In the directors' opinion the property does not qualify as an Investment Property as defined by the provisions of Section 16 of FRS102 as the property is held for administrative purposes and as no rentals are being earned.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Other debtors

-

6

7.	CONTROLLING PARTY

The company is controlled by a voting majority of its members and accordingly there is no controlling related party.