Charterglobe Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Charterglobe Ltd

Company Information

Director

Miss Lucy Del Pattinson

Registered office

Lion House 400 Durham Road Birtley Co Durham DH3 1LS

Accountants

Chuhan and Singh Partnership Limited Chartered Accountants81 Borough Road Middlesbrough TS1 3AA

Charterglobe Ltd

(Registration number: 07035581)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	300	899
Investment property	5	1,510,995	2,741,417
		1,511,295	2,742,316
Current assets
Debtors	6	19,497	24,248
Cash at bank and in hand		58,421	19,633
		77,918	43,881
Creditors: Amounts falling due within one year	7	(1,340,457)	(1,447,923)
Net current liabilities		(1,262,539)	(1,404,042)
Total assets less current liabilities		248,756	1,338,274
Creditors: Amounts falling due after more than one year	7	-	(839,832)
Provisions for liabilities		(57)	(171)
Net assets		248,699	498,271
Capital and reserves
Called up share capital		100	100
Retained earnings		248,599	498,171
Shareholders' funds		248,699	498,271

Charterglobe Ltd

(Registration number: 07035581)
Balance Sheet as at 31 January 2026 (continued)

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

Director's responsibilities:

•	The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 October 2026
 

......................................... Miss Lucy Del Pattinson Director

Charterglobe Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 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:
Lion House
400 Durham Road
Birtley
Co Durham
DH3 1LS

These financial statements were authorised for issue by the director on 30 October 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland'.

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents rental income. Rental income is recognised on an accruals basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Charterglobe Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

2	Accounting policies (continued)

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
Fixtures and fittings	20% straight line
Computer equipment	50% straight line

Investment properties

Investment properties are shown at cost. The director does not believe that the market value is materially different to the value shown in the accounts.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Charterglobe Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 February 2025	8,482	6,441	14,923
At 31 January 2026	8,482	6,441	14,923
Depreciation
At 1 February 2025	8,482	5,541	14,023
Charge for the year	-	600	600
At 31 January 2026	8,482	6,141	14,623
Carrying amount
At 31 January 2026	-	300	300
At 31 January 2025	-	899	899

5	Investment properties

	2026 £
At 1 February 2025	2,741,417
Disposals	(1,230,422)
At 31 January 2026	1,510,995

Investment properties are shown at cost. The director does not believe that the market value is materially different to the value shown in the accounts.

A loss of £290,024 was made on the disposal of an investment property

Charterglobe Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

6

Debtors

Current	Note	2026 £	2025 £
Trade debtors		2,909	5,470
Amounts owed by related parties	8	10,000	10,000
Prepayments		6,588	8,778
		19,497	24,248

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings		-	61,303
Trade creditors		2,064	3,398
Taxation and social security		9,666	7,927
Accruals and deferred income		1,468	9,673
Other creditors		1,327,259	1,365,622
		1,340,457	1,447,923

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		-	839,832

Included within creditors due within one year and due within more than one year is a secured
bank loan of £Nil (2025: £901,135).

This bank loan was secured by way of a mortgage debenture over the investment properties of the
company and was fully repaid during the year.

Charterglobe Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

7	Creditors (continued)

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	839,832

8	Related party transactions

Included in debtors is £10,000 (2025: £10,000) owed by a company in which the director, or her close family members, have an interest.

Included in creditors due within one year is £1,327,259(2025: £1,365,622) owed to the company director and her close family members.