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REGISTERED NUMBER: 00107641 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2017

for

Charmark Properties Limited

Charmark Properties Limited (Registered number: 00107641)

Contents of the Financial Statements
For The Year Ended 31 March 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Charmark Properties Limited

Company Information
For The Year Ended 31 March 2017







DIRECTORS: Mr G B Lewis
Mr C B Lewis
Mrs J M Lewis
Mr M B Lewis





SECRETARY: Mrs J M Lewis





REGISTERED OFFICE: Brooke House
2 Poplars Farm Close
Hannington
Northampton
Northamptonshire
NN6 9GL





REGISTERED NUMBER: 00107641 (England and Wales)





ACCOUNTANTS: Harris & Clarke LLP
7 Billing Road
Northampton
Northamptonshire
NN1 5AN

Charmark Properties Limited (Registered number: 00107641)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,258 1,677
Investment property 5 473,200 1,000,000
474,458 1,001,677

CURRENT ASSETS
Debtors 6 919 1,818
Cash at bank 386,380 24,371
387,299 26,189
CREDITORS
Amounts falling due within one year 7 18,431 102,285
NET CURRENT ASSETS/(LIABILITIES) 368,868 (76,096 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

843,326

925,581

CREDITORS
Amounts falling due after more than one
year

8

-

80,732
NET ASSETS 843,326 844,849

Charmark Properties Limited (Registered number: 00107641)

Balance Sheet - continued
31 March 2017

2017 2016
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 4,000 4,000
Revaluation reserve 10 412,978 872,735
Retained earnings 426,348 (31,886 )
SHAREHOLDERS' FUNDS 843,326 844,849

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 4 October 2017 and were signed on its behalf by:





Mr G B Lewis - Director


Charmark Properties Limited (Registered number: 00107641)

Notes to the Financial Statements
For The Year Ended 31 March 2017


1. STATUTORY INFORMATION

Charmark Properties 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 - 25% on reducing balance

Investment property
Investment property is shown at open market value. Any surplus or deficit arising from changes in market value
is transferred to a revaluation reserve unless a deficit, or its reversal, on an individual investment property is
expected to be permanent, in which case it is recognised in the profit and loss account for the year.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

Charmark Properties Limited (Registered number: 00107641)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2017


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2016
and 31 March 2017 30,251
DEPRECIATION
At 1 April 2016 28,574
Charge for year 419
At 31 March 2017 28,993
NET BOOK VALUE
At 31 March 2017 1,258
At 31 March 2016 1,677

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2016 1,000,000
Disposals (526,800 )
At 31 March 2017 473,200
NET BOOK VALUE
At 31 March 2017 473,200
At 31 March 2016 1,000,000

Cost or valuation at 31 March 2017 is represented by:

£   
Valuation in 2017 473,200

If investment property had not been revalued it would have been included at the following historical cost:

2017 2016
£    £   
Cost 60,222 127,265

Investment property was valued on an open market basis on 31 March 2017 by the directors .

6. DEBTORS
2017 2016
£    £   
Amounts falling due within one year:
Other debtors 919 -

Charmark Properties Limited (Registered number: 00107641)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2017


6. DEBTORS - continued
2017 2016
£    £   
Amounts falling due after more than one year:
Trade debtors - 1,818

Aggregate amounts 919 1,818

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts - 10,653
Trade creditors 188 1,323
Taxation and social security 5,441 15,838
Other creditors 12,802 74,471
18,431 102,285

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Bank loans - 80,732

The bank loan is repayable after more than 5 years.

9. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Bank loans - 91,385

The company's bank overdraft and loans are secured by a mortgage charge over the company's freehold
properties.

10. RESERVES
Revaluation
reserve
£   
At 1 April 2016 872,735
Revaluation of investment prop (459,757 )

At 31 March 2017 412,978

Charmark Properties Limited (Registered number: 00107641)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2017


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and
31 March 2016:

2017 2016
£    £   
Mr G B Lewis
Balance outstanding at start of year - -
Amounts advanced 919 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 919 -