Company registration number 08648773 (England and Wales)
CHEVERELLS BUSINESS SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
CHEVERELLS BUSINESS SERVICES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 7
CHEVERELLS BUSINESS SERVICES LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
200
647
Investments
4
120,000
120,000
120,200
120,647
Current assets
Debtors
5
10,282
36,672
Creditors: amounts falling due within one year
6
(108,085)
(123,345)
Net current liabilities
(97,803)
(86,673)
Total assets less current liabilities
22,397
33,974
Creditors: amounts falling due after more than one year
7
(110,818)
(114,924)
Net liabilities
(88,421)
(80,950)
Capital and reserves
Called up share capital
8
100
100
Revaluation reserve
9
28,333
28,333
Profit and loss reserves
(116,854)
(109,383)
Total equity
(88,421)
(80,950)

The notes on pages 4 to 7 form part of these financial statements.

CHEVERELLS BUSINESS SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2026
28 February 2026
- 2 -

For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 5 May 2026 and are signed on its behalf by:
Ms Fiona Rodford
Mr Michael Lennard
Director
Director
Company registration number 08648773 (England and Wales)
CHEVERELLS BUSINESS SERVICES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 3 -
Share capital
Revaluation reserve
Profit and loss reserves
Total
£
£
£
£
Balance at 1 March 2024
100
28,333
(74,609)
(46,176)
Year ended 28 February 2025:
Loss and total comprehensive income
-
-
(34,774)
(34,774)
Balance at 28 February 2025
100
28,333
(109,383)
(80,950)
Year ended 28 February 2026:
Loss and total comprehensive income
-
-
(7,471)
(7,471)
Balance at 28 February 2026
100
28,333
(116,854)
(88,421)

The notes on pages 4 to 7 form part of these financial statements.

CHEVERELLS BUSINESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 4 -
1
Accounting policies
Company information

Cheverells Business Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is .

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, and modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
33% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

CHEVERELLS BUSINESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2025 and 28 February 2026
6,217
Depreciation and impairment
At 1 March 2025
5,570
Depreciation charged in the year
447
At 28 February 2026
6,017
Carrying amount
At 28 February 2026
200
At 28 February 2025
647
4
Fixed asset investments
2026
2025
£
£
Other investments other than loans
120,000
120,000
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
10,282
36,672
CHEVERELLS BUSINESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 6 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
30,977
35,496
Corporation tax
72,758
85,154
Other taxation and social security
218
-
0
Accruals and deferred income
4,132
2,695
108,085
123,345
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
7,033
Other creditors
110,818
107,891
110,818
114,924
8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
ordinary of £1 each
100
100
100
100
9
Revaluation reserve
2026
2025
£
£
At the beginning and end of the year
28,333
28,333
10
Related party transactions
Remuneration of key management personnel

As at the Balance Sheet date, the Directors owed the company £10,282 (2025: £36,672).

The above balance has been repaid within 9 months of the year end.

 

The Directors M A Lennard and F M Rodford are Directors and Shareholders of Cheverells Property Investments Limited; as at the year end the company owed £23,137 (2025: £22,717). This balance is shown within creditors on the balance sheet.

 

The Directors M A Lennard and F M Rodford are Directors of Cheverells Property Management Limited; as at the year end the company owed £84,874 (2025: £84,873). This balance is shown within creditors on the balance sheet.

 

The Directors M A Lennard and F M Rodford are Directors of Flambourne Property Management Limited; as at the year end the company owed £2,807 (2025: £300). This balance is shown within creditors on the balance sheet

CHEVERELLS BUSINESS SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 7 -
11
Ultimate control

The company's ultimate controlling parties are the directors Mr M A Lennard and Ms F M Rodford by virtue of their shareholdings.

2026-02-282025-03-01falsefalsefalse05 May 2026CCH SoftwareCCH Accounts Production 2026.200No description of principal activityMs F M RodfordMr M A Lennard086487732025-03-012026-02-28086487732026-02-28086487732025-02-2808648773core:OtherPropertyPlantEquipment2026-02-2808648773core:OtherPropertyPlantEquipment2025-02-2808648773core:WithinOneYear2026-02-2808648773core:WithinOneYear2025-02-2808648773core:AfterOneYear2026-02-2808648773core:AfterOneYear2025-02-2808648773core:CurrentFinancialInstrumentscore:WithinOneYear2026-02-2808648773core:CurrentFinancialInstrumentscore:WithinOneYear2025-02-2808648773core:Non-currentFinancialInstrumentscore:AfterOneYear2026-02-2808648773core:Non-currentFinancialInstrumentscore:AfterOneYear2025-02-2808648773core:ShareCapital2026-02-2808648773core:ShareCapital2025-02-2808648773core:RevaluationReserve2026-02-2808648773core:RevaluationReserve2025-02-2808648773core:RetainedEarningsAccumulatedLosses2026-02-2808648773core:RetainedEarningsAccumulatedLosses2025-02-2808648773core:ShareCapital2024-02-2908648773core:RevaluationReserve2024-02-2908648773core:RetainedEarningsAccumulatedLosses2024-02-2908648773core:ShareCapitalOrdinaryShareClass12026-02-2808648773core:ShareCapitalOrdinaryShareClass12025-02-2808648773bus:Director12025-03-012026-02-2808648773bus:Director22025-03-012026-02-2808648773core:RetainedEarningsAccumulatedLosses2024-03-012025-02-28086487732024-03-012025-02-2808648773core:RetainedEarningsAccumulatedLosses2025-03-012026-02-2808648773core:ComputerEquipment2025-03-012026-02-2808648773core:OtherPropertyPlantEquipment2025-02-2808648773core:OtherPropertyPlantEquipment2025-03-012026-02-2808648773core:Non-currentFinancialInstruments2026-02-2808648773core:Non-currentFinancialInstruments2025-02-2808648773bus:OrdinaryShareClass12025-03-012026-02-2808648773bus:OrdinaryShareClass12026-02-2808648773bus:OrdinaryShareClass12025-02-2808648773bus:PrivateLimitedCompanyLtd2025-03-012026-02-2808648773bus:SmallCompaniesRegimeForAccounts2025-03-012026-02-2808648773bus:FRS1022025-03-012026-02-2808648773bus:AuditExemptWithAccountantsReport2025-03-012026-02-2808648773bus:FullAccounts2025-03-012026-02-28xbrli:purexbrli:sharesiso4217:GBP