Central Chambers (Boston) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01582674 (England and Wales)

CENTRAL CHAMBERS (BOSTON) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTOR:

Mrs C A Baxter

SECRETARY:

R A Baxter

REGISTERED OFFICE:

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

REGISTERED NUMBER:

01582674 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

FIXED ASSETS

Tangible assets

4

303

444

Investment property

5

300,000

300,303

300,444

CURRENT ASSETS

Debtors

6

172,325

171,855

Cash at bank

4,410

392

176,735

172,247

CREDITORS

Amounts falling due within one year

7

8,358

7,894

NET CURRENT ASSETS

168,377

164,353

TOTAL ASSETS LESS CURRENT LIABILITIES

468,680

464,797

CREDITORS

Amounts falling due after more than one year

8

(14,022

)

(16,162

)

PROVISIONS FOR LIABILITIES

(14,234

)

(14,234

)

NET ASSETS

440,424

434,401

CAPITAL AND RESERVES

Called up share capital

10

1,000

Revaluation reserve

11

127,342

Retained earnings

11

312,082

306,059

SHAREHOLDERS' FUNDS

440,424

434,401

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2026 and were signed by:

Mrs C A Baxter - Director

1.	STATUTORY INFORMATION

Central Chambers (Boston) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The company's place of business is 37 Priory Road, Ruskington, Lincolnshire NG34 9DJ.

2.	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 represents amounts received by the company in respect of property sales and for rent and service charges receivable.

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 etc

-

33% on cost and 15% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has chosen to adopt the FRS 102A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

885

DEPRECIATION

At 1 January 2025

441

Charge for year

141

At 31 December 2025

582

NET BOOK VALUE

At 31 December 2025

303

At 31 December 2024

444

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

300,000

NET BOOK VALUE

At 31 December 2025

300,000

At 31 December 2024

300,000

Included in fair value of investment property is freehold land of £ 71,827 (2024 - £ 71,827 ) which is not depreciated.

Fair value at 31 December 2025 is represented by:

£

Valuation in 2017

300,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

158,769

Aggregate depreciation

(38,236

)

(38,236

)

The investment properties were valued on an open market basis on 31 December 2017 by the director .

6.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Other debtors

137,338

136,887

Amounts falling due after more than one year:

Other debtors

34,987

34,968

Aggregate amounts

172,325

171,855

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

2,186

1,578

Other creditors

6,172

6,316

8,358

7,894

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Other creditors

14,022

16,162

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5 years

2,495

5,946

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Other loans

16,159

18,017

The loan is secured on the investment properties held by the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,000

Ordinary

£1

1,000

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 January 2025

306,059

127,342

433,401

Profit for the year

6,023

-

6,023

At 31 December 2025

312,082

127,342

439,424