REGISTERED NUMBER: 06101083 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

Chestnut Construction (East Midlands)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

Mrs M Stickley

Mr M Stickley

SECRETARY:

Mrs M Stickley

REGISTERED OFFICE:

1 Swan Street

Wilmslow

Cheshire

SK9 1HF

REGISTERED NUMBER:

06101083 (England and Wales)

ACCOUNTANTS:

Langricks Limited

1 Swan Street

Wilmslow

Cheshire

SK9 1HF

FIXED ASSETS

Tangible assets

4

171,713

76,793

Investment property

5

277,419

277,419

449,132

354,212

CURRENT ASSETS

Debtors

6

424,686

580,069

Cash at bank and in hand

166,258

30,177

590,944

610,246

CREDITORS

Amounts falling due within one year

7

(398,301

)

(217,169

)

NET CURRENT ASSETS

192,643

393,077

TOTAL ASSETS LESS CURRENT LIABILITIES

641,775

747,289

CREDITORS

Amounts falling due after more than one year

8

(304,992

)

(438,718

)

PROVISIONS FOR LIABILITIES

(42,928

)

(19,198

)

NET ASSETS

293,855

289,373

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

293,755

289,273

293,855

289,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 18 November 2025 and were signed on its behalf by:

Mr M Stickley - Director

1.	STATUTORY INFORMATION

Chestnut Construction (East Midlands) 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.

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.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2024

47,072

2,050

100,457

7,966

157,545

Additions

5,045

124

118,750

766

124,685

At 28 February 2025

52,117

2,174

219,207

8,732

282,230

DEPRECIATION

At 1 March 2024

23,335

1,048

49,628

6,741

80,752

Charge for year

3,875

166

25,077

647

29,765

At 28 February 2025

27,210

1,214

74,705

7,388

110,517

NET BOOK VALUE

At 28 February 2025

24,907

960

144,502

1,344

171,713

At 29 February 2024

23,737

1,002

50,829

1,225

76,793

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

and 28 February 2025

277,419

NET BOOK VALUE

At 28 February 2025

277,419

At 29 February 2024

277,419

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

146,787

152,902

Amounts owed by group undertakings

223,797

-

Other debtors

54,102

427,167

424,686

580,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

41,020

58,886

Hire purchase contracts (see note 9)

14,825

8,101

Trade creditors

30,853

44,866

Taxation and social security

106,055

85,786

Other creditors

205,548

19,530

398,301

217,169

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

211,259

438,718

Hire purchase contracts (see note 9)

93,733

-

304,992

438,718

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

28.2.25

29.2.24

£

£

Net obligations repayable:

Within one year

14,825

8,101

Between one and five years

93,733

-

108,558

8,101

Non-cancellable

operating leases

28.2.25

29.2.24

£

£

Within one year

5,600

-

10.	RELATED PARTY DISCLOSURES

Chestnut Homes (East Midlands) Limited is wholly controlled by Mr M Stickley and owed Chestnut Construction (East Midlands) Limited £223,024 (2024: £356,452) at 28 February 2025.

Chestnut Holdings (East Midlands) Limited is jointly controlled by Mr and Mrs M Stickley and owed Chestnut Construction (East Midlands) Limited £772 (2024: £NIL) at 28 February 2025.

Cocoa Mint East Midlands Limited is wholly controlled by Mrs M Stickley and owed Chestnut Construction (East Midlands) Limited £NIL (2024: £8,382) at 28 February 2025.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chestnut Construction (East Midlands) Limited for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Chestnut Construction (East Midlands) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chestnut Construction (East Midlands) Limited and state those matters that we have agreed to state to the Board of Directors of Chestnut Construction (East Midlands) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chestnut Construction (East Midlands) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chestnut Construction (East Midlands) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Chestnut Construction (East Midlands) Limited. You consider that Chestnut Construction (East Midlands) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Chestnut Construction (East Midlands) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Langricks Limited

1 Swan Street

Wilmslow

Cheshire

SK9 1HF

18 November 2025