REGISTERED NUMBER: 09445646 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

IAN CHATFIELD LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

52,145

46,207

Investments

5

76,828

133,193

128,973

179,400

CURRENT ASSETS

Stocks

12,775

10,525

Debtors

6

35,672

22,049

Cash at bank and in hand

47,363

34,086

95,810

66,660

CREDITORS

Amounts falling due within one year

7

41,217

28,572

NET CURRENT ASSETS

54,593

38,088

TOTAL ASSETS LESS CURRENT LIABILITIES

183,566

217,488

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

183,536

217,458

183,566

217,488

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.

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 16 October 2026 and were signed on its behalf by:

I Chatfield - Director

1.	STATUTORY INFORMATION

Ian Chatfield Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09445646

Registered office:

Unit K, The Brewery

Bells Yew Green

Tunbridge Wells

Kent

TN3 9BD

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 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.

Land and buildings

-

20% on cost

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

10,959

190,248

201,207

Additions

-

24,295

24,295

At 31 March 2026

10,959

214,543

225,502

DEPRECIATION

At 1 April 2025

10,959

144,041

155,000

Charge for year

-

18,357

18,357

At 31 March 2026

10,959

162,398

173,357

NET BOOK VALUE

At 31 March 2026

-

52,145

52,145

At 31 March 2025

-

46,207

46,207

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

133,193

Additions

83,408

Disposals

(147,725

)

Revaluations

7,952

At 31 March 2026

76,828

NET BOOK VALUE

At 31 March 2026

76,828

At 31 March 2025

133,193

Cost or valuation at 31 March 2026 is represented by:

Other

investments

£

Valuation in 2026

76,828

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

11,574

4,366

Other debtors

24,098

17,683

35,672

22,049

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

33,553

11,551

Taxation and social security

(2,248

)

7,580

Other creditors

9,912

9,441

41,217

28,572

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/26

31/3/25

£

£

Within one year

25,000

25,000

Between one and five years

18,747

43,743

43,747

68,743