Charterfield Capital Partners Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07155307 (England and Wales)

Financial Statements for the Year Ended 28 February 2024

for

Charterfield Capital Partners Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T D Edwards

D M Johns

REGISTERED OFFICE:

346a Farnham Road

Slough

Berkshire

SL2 1BT

REGISTERED NUMBER:

07155307 (England and Wales)

ACCOUNTANTS:

Grevett & Co

Certified Accountants

346a Farnham Road

Slough

Berkshire

SL2 1BT

FIXED ASSETS

Investments

4

1,861,256

1,861,256

CURRENT ASSETS

Debtors

5

855,024

485,834

Cash at bank and in hand

33

36

855,057

485,870

CREDITORS

Amounts falling due within one year

6

12,841

11,791

NET CURRENT ASSETS

842,216

474,079

TOTAL ASSETS LESS CURRENT LIABILITIES

2,703,472

2,335,335

CREDITORS

Amounts falling due after more than one year

7

3,440,107

3,293,227

NET LIABILITIES

(736,635

)

(957,892

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(736,637

)

(957,894

)

SHAREHOLDERS' FUNDS

(736,635

)

(957,892

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 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 12 June 2024 and were signed on its behalf by:

T D Edwards - Director

1.	STATUTORY INFORMATION

Charterfield Capital Partners 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.

The financial statements have been prepared on a going concern basis on the understanding that the directors will not demand repayment of their loans until all other creditors have been paid.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	FIXED ASSET INVESTMENTS

28.2.24

28.2.23

£

£

Other investments not loans

1,305,628

1,305,628

Other loans

555,628

555,628

1,861,256

1,861,256

Additional information is as follows:

Other

investments

£

COST

At 1 March 2023

and 28 February 2024

1,305,628

NET BOOK VALUE

At 28 February 2024

1,305,628

At 28 February 2023

1,305,628

Other

loans

£

At 1 March 2023

and 28 February 2024

555,628

Unlisted investments and other loans consist of investments in Beaverbrook Holdings Limited (formerly known as Longshot Cherkley Court Limited), a company incorporated in the United Kingdom, and of which TD Edwards is a director.

Loans comprise 8% redeemable partner loan notes.

All loan note interest will be received on the sale of the development, unless cash flow permits earlier payment.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.24

28.2.23

£

£

Other debtors

855,024

485,834

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.24

28.2.23

£

£

Other creditors

12,841

11,791

Other creditors include directors' current accounts £5,200 (2023 £4,200)

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.24

28.2.23

£

£

Other creditors

3,440,107

3,293,227

Other creditors comprise directors' investment loan accounts.

Interest is payable at 8% flat per annum on directors' investment loans.