Charwill (UK) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 00244007 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

Charwill (UK) Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C T T Rodgers

W N Rodgers

SECRETARY:

W N Rodgers

REGISTERED OFFICE:

2 Wyevale Business Park

Wyevale Way

Kings Acre

Hereford

Herefordshire

HR4 7BS

REGISTERED NUMBER:

00244007 (England and Wales)

ACCOUNTANTS:

Thorne Widgery Accountancy Ltd

Chartered Accountants

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

FIXED ASSETS

Tangible assets

3

1,359,365

1,360,035

CURRENT ASSETS

Debtors

129,319

4,817

Cash at bank

79,140

196,173

208,459

200,990

CREDITORS

Amounts falling due within one year

(40,563

)

(18,335

)

NET CURRENT ASSETS

167,896

182,655

TOTAL ASSETS LESS CURRENT LIABILITIES

1,527,261

1,542,690

CAPITAL AND RESERVES

Called up share capital

23,646

Revaluation reserve

4

442,835

Capital redemption reserve

6,354

Retained earnings

1,054,426

1,069,855

SHAREHOLDERS' FUNDS

1,527,261

1,542,690

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 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 31 March 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 Board of Directors and authorised for issue on 11 September 2026 and were signed on its behalf by:

C T T Rodgers - Director

1.	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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

15% on reducing balance and Written off in year

Freehold land and buildings are not depreciated and are stated at the valuation of the directors, based on an open market value subject to the existing tenancies.

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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2025

and 31 March 2026

1,374,477

DEPRECIATION

At 1 April 2025

14,442

Charge for year

670

At 31 March 2026

15,112

NET BOOK VALUE

At 31 March 2026

1,359,365

At 31 March 2025

1,360,035

The historical cost of freehold, land, buildings and improvements is £901,046, and has since been revalued, with the most recent valuations being in 2018 and 2021.

Cost or valuation at 31 March 2026 is represented by:

Totals

£

Valuation in 2018

968,000

Valuation in 2021

390,000

Cost

16,477

1,374,477

4.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

442,835

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

C T T Rodgers

Balance outstanding at start of year

-

Amounts advanced

47,515

-

Amounts repaid

(1,500

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

46,015

-

W N Rodgers

Balance outstanding at start of year

-

Amounts advanced

47,714

-

Amounts repaid

(1,500

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

46,214

-

Interest has been recognised on overdrawn directors loan account balances at the official rate of 3.75%