Charlbury Investments Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02783150 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

CHARLBURY INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D G Taylor Rea

REGISTERED OFFICE:

10 John Street

London

WC1N 2EB

REGISTERED NUMBER:

02783150 (England and Wales)

ACCOUNTANTS:

Oury Clark Chartered Accountants

Herschel House

58 Herschel Street

Slough

Berkshire

SL1 1PG

FIXED ASSETS

Tangible assets

4

-

250,132

CURRENT ASSETS

Debtors

5

78,084

16,085

Cash in hand

890

1,118,660

78,974

1,134,745

CREDITORS

Amounts falling due within one year

6

1,395,519

2,759,443

NET CURRENT LIABILITIES

(1,316,545

)

(1,624,698

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,316,545

)

(1,374,566

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(1,316,645

)

(1,374,666

)

SHAREHOLDERS' FUNDS

(1,316,545

)

(1,374,566

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 September 2023 and were signed by:

D G Taylor Rea - Director

1.	STATUTORY INFORMATION

Charlbury Investments 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

Going concern

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.

The accounts are prepared on the basis of a going concern as the company receives financial support from its parent undertaking, as necessary, and which financial support has been confirmed for a period of at least 12 months from the date of approval of the accounts.

Turnover

Turnover represents rent receivable on the investment properties, the disposal proceeds of listed investments and dividends receivable on listed investments.

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 etc

-

Straight line over 4 years

Financial instruments

Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other financial instruments as covered by Section 12 of FRS102.

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.

Fixed asset investments

Following the adoption of FRS102 the director has adopted the cost model for fixed asset investments.

Investment properties are shown at the deemed cost under the cost model less any impairment. Any impairment will be recognised in the profit and loss account for the year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2022

250,132

8,056

258,188

Disposals

(250,132

)

(8,056

)

(258,188

)

At 30 June 2023

-

-

-

DEPRECIATION

At 1 July 2022

-

8,056

8,056

Eliminated on disposal

-

(8,056

)

(8,056

)

At 30 June 2023

-

-

-

NET BOOK VALUE

At 30 June 2023

-

-

-

At 30 June 2022

250,132

-

250,132

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

30.6.22

£

£

Amounts owed by group undertakings

61,999

-

Other debtors

16,085

16,085

78,084

16,085

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

30.6.22

£

£

Amounts owed to group undertakings

1,395,519

2,727,299

Other creditors & accruals

-

32,144

1,395,519

2,759,443

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.23

30.6.22

value:

£

£

100

Ordinary Shares

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 July 2022

(1,374,666

)

Profit for the year

58,021

At 30 June 2023

(1,316,645

)

9.	RELATED PARTY DISCLOSURES

At 30 June 2023 included in creditors falling due within one year is an amount of £1,395,519 (2022: £2,715,298) owed to Charlbury Holdings Limited, the ultimate holding company. During the year, the company paid management fees of £4,680 (2022: £Nil) to Charlbury Holdings Limited.

At 30 June 2023 included in debtors is an amount of £61,999 (2022: £(12,001)) owed by Stellawell Limited, an associated company.