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Registered number: 09554875
Chesters Chesterfield Ltd
Financial Statements
For The Year Ended 30 April 2026
Charles & Co.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09554875
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 43,372 46,264
Investment Properties 5 150,000 150,000
193,372 196,264
CURRENT ASSETS
Stocks 6 18,776 20,554
Debtors 7 610,467 636,669
Cash at bank and in hand 292,385 181,258
921,628 838,481
Creditors: Amounts Falling Due Within One Year 8 (144,528 ) (147,714 )
NET CURRENT ASSETS (LIABILITIES) 777,100 690,767
TOTAL ASSETS LESS CURRENT LIABILITIES 970,472 887,031
Creditors: Amounts Falling Due After More Than One Year 9 - (3,943 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,275 ) (6,275 )
NET ASSETS 964,197 876,813
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 964,097 876,713
SHAREHOLDERS' FUNDS 964,197 876,813
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Page 2
For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christakis Ioannides
Director
28/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Chesters Chesterfield Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09554875 . The registered office is 151 Sheffield Road, Chesterfield, S41 7JH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on cost
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was  28 (2025: 27)
28 27
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2025 20,000 113,932 2,991 136,923
Additions - 6,230 - 6,230
As at 30 April 2026 20,000 120,162 2,991 143,153
Depreciation
As at 1 May 2025 8,750 79,445 2,464 90,659
Provided during the period 2,812 6,046 264 9,122
As at 30 April 2026 11,562 85,491 2,728 99,781
Net Book Value
As at 30 April 2026 8,438 34,671 263 43,372
As at 1 May 2025 11,250 34,487 527 46,264
5. Investment Property
2026
£
Fair Value
As at 1 May 2025 and 30 April 2026 150,000
6. Stocks
2026 2025
£ £
Materials 18,776 20,554
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7. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 2,699 21,538
Chesters Properties Ltd 446,093 446,093
Ako Vale Ltd 119,500 119,500
Sundry loans 42,175 42,184
Director's loan account - 7,354
610,467 636,669
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 8,375 3,108
Bank loans and overdrafts 2,662 10,000
Corporation tax 58,316 73,997
Other taxes and social security 3,036 4,339
VAT 60,070 48,108
Other creditors 105 82
Accruals and deferred income 11,910 8,080
Director's loan account 54 -
144,528 147,714
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans - 3,943
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2025 Amounts advanced Amounts repaid Amounts written off As at 30 April 2026
£ £ £ £ £
Mr Christakis Ioannides 7,354 - 7,354 - -
The above loan is unsecured, interest free and repayable on demand.
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