Chyverton Estate Company Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Chyverton Estate Company Limited

Balance Sheet

31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	430,183	444,589
Current assets
Stocks	5	4,258	3,905
Debtors	6	8,710	450
Cash at bank and in hand		102,875	281,589
		115,843	285,944
Creditors: Amounts falling due within one year	7	(25,568)	(36,870)
Net current assets		90,275	249,074
Total assets less current liabilities		520,458	693,663
Creditors: Amounts falling due after more than one year	7	(18,450)	(19,109)
Net assets		502,008	674,554
Capital and reserves
Called up share capital	8	16,634	16,634
Capital redemption reserve		15,366	15,366
Profit and loss account		470,008	642,554
Shareholders' funds		502,008	674,554

Chyverton Estate Company Limited

Balance Sheet

31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 19 August 2026 and signed on its behalf by:
 

......................................... Mr N E T Holman Director

Company Registration Number: 00403953

Chyverton Estate Company Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Chyverton House
Zelah
Truro
Cornwall
TR4 9HD

These financial statements were authorised for issue by the Board on 19 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Chyverton Estate Company Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and equipment	10% on written down value

Stocks

Stock is valued at the lower of cost and net realisable value.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Chyverton Estate Company Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

4	Tangible assets

	Land and buildings £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	352,245	332,681	684,926
Disposals	-	(10,750)	(10,750)
At 31 March 2026	352,245	321,931	674,176
Depreciation
At 1 April 2025	-	240,337	240,337
Charge for the year	-	9,265	9,265
Eliminated on disposal	-	(5,609)	(5,609)
At 31 March 2026	-	243,993	243,993
Carrying amount
At 31 March 2026	352,245	77,938	430,183
At 31 March 2025	352,245	92,344	444,589

Included within the net book value of land and buildings above is £352,245 (2025 - £352,245) in respect of freehold land and buildings.

5

Stocks

	2026 £	2025 £
Other inventories	4,258	3,905

6

Debtors

	2026 £	2025 £
Trade debtors	5,391	450
Other debtors	3,319	-
	8,710	450

Chyverton Estate Company Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	517	2,711
Taxation and social security	2,259	10,046
Accruals and deferred income	2,869	2,869
Other creditors	19,923	21,244
	25,568	36,870

Creditors: amounts falling due after more than one year

	2026 £	2025 £
Due after one year
Deferred income	18,450	19,109

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	16,634	16,634	16,634	16,634