Registration number: 16291501

Chariot Way PP Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Chariot Way PP Limited

(Registration number: 16291501)
Balance Sheet as at 31 March 2026

	Note	2026 £
Fixed assets
Tangible assets	4	583,816
Current assets
Debtors	5	1,374
Cash at bank and in hand		1,206
		2,580
Creditors: Amounts falling due within one year	6	(238,394)
Net current liabilities		(235,814)
Total assets less current liabilities		348,002
Creditors: Amounts falling due after more than one year	6	(343,206)
Provisions for liabilities		(8,022)
Net liabilities		(3,226)
Capital and reserves
Called up share capital		100
Retained earnings		(3,326)
Shareholders' deficit		(3,226)

For the financial period 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 period 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 provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

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

......................................... Mr B C Kirkland Director

Chariot Way PP Limited

Notes to the Unaudited Financial Statements for the Period from 4 March 2025 to 31 March 2026

1	General information

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

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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 sales/value added tax, returns, rebates and discounts.

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.

Chariot Way PP Limited

Notes to the Unaudited Financial Statements for the Period from 4 March 2025 to 31 March 2026

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
Freehold Property	No depreciation
Fixtures & fittings	3 year straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

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

Chariot Way PP Limited

Notes to the Unaudited Financial Statements for the Period from 4 March 2025 to 31 March 2026

4	Tangible assets

	Land and buildings £	Fixtures & fittings £	Total £
Cost or valuation
Revaluations	42,222	-	42,222
Additions	534,711	10,325	545,036
At 31 March 2026	576,933	10,325	587,258
Depreciation
Charge for the period	-	3,442	3,442
At 31 March 2026	-	3,442	3,442
Carrying amount
At 31 March 2026	576,933	6,883	583,816

Included within the net book value of land and buildings above is £576,933 in respect of freehold land and buildings.
 

Land and buildings are measured at fair value. A revaluation has been performed by an independent valuer as of 31 March 2026 to ensure the carrying value is not materially different from the fair value.

The net revaluation increase for the year, amounting to £34,200 (net of deferred tax), has been credited/debited to the Profit and Loss.

5

Debtors

Current	2026 £
Prepayments	1,274
Other debtors	100
	1,374

Chariot Way PP Limited

Notes to the Unaudited Financial Statements for the Period from 4 March 2025 to 31 March 2026

6

Creditors

Creditors: amounts falling due within one year

		2026 £
Due within one year
Trade creditors		719
Amounts owed to related parties		2,979
Accruals and deferred income		2,296
Other creditors		232,400
		238,394

Creditors: amounts falling due after more than one year

		2026 £
Due after one year
Loans and borrowings		343,206