| Charter Walk Limited |
| Registered number: |
09036271 |
| Balance Sheet |
| as at 30 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
383,912 |
|
|
383,912 |
|
| Current assets |
| Debtors |
4 |
|
4,283 |
|
|
6,777 |
| Cash at bank and in hand |
|
|
103,849 |
|
|
59,442 |
|
|
|
108,132 |
|
|
66,219 |
|
| Creditors: amounts falling due within one year |
5 |
|
(196,039) |
|
|
(182,594) |
|
| Net current liabilities |
|
|
|
(87,907) |
|
|
(116,375) |
|
| Net assets |
|
|
|
296,005 |
|
|
267,537 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Capital redemtion reserve |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
295,999 |
|
|
267,531 |
|
| Shareholders' funds |
|
|
|
296,005 |
|
|
267,537 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr S P Weir |
| Director |
| Approved by the board on 9 September 2026 |
|
| Charter Walk Limited |
| Notes to the Accounts |
| for the year ended 30 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention as modified by the restatement of investment property at fair value and in accordance with law and FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover comprises the rental income and service charges from investment property held and arises wholly in United Kingdom. Where rental income is received from tenants in advance, the amounts are recorded as deferred income and included as part of creditors due within one year. Property rental income are accounted for on accrual basis and recognised on a straight line basis over the lease term. Turnover excludes value added tax. |
|
|
Investment property |
|
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by either professionally qualified external valuers or by the directors. The evidence to support these valuation is based on comparable market transactions, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss. |
|
|
Cash and cash equivalent |
|
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company (including directors) |
|
|
|
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Investment Property |
| £ |
|
Cost |
|
At 31 December 2024 |
383,912 |
|
At 30 December 2025 |
383,912 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 December 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 December 2025 |
383,912 |
|
At 30 December 2024 |
383,912 |
|
|
|
|
|
|
|
|
|
|
|
Land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
362,672 |
|
362,672 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
362,672 |
|
362,672 |
|
Investment property was revalued by an independent external valuer in 2023, using an open market value basis. The directors consider that there has been no material change in the carrying values of these assets since that valuation. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
2,811 |
|
5,625 |
|
Other debtors |
1,472 |
|
1,152 |
|
|
|
|
|
|
4,283 |
|
6,777 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Non-equity preference shares |
1 |
|
1 |
|
Trade creditors |
1,180 |
|
249 |
|
Taxation and social security costs |
10,507 |
|
8,943 |
|
Other creditors |
184,351 |
|
173,401 |
|
|
|
|
|
|
196,039 |
|
182,594 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Charter Walk Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Haslemere Clinic |
|
Hindhead Road |
|
Haslemere |
|
Surrey |
|
GU27 1LH |