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REGISTERED NUMBER: 00107641 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2018

for

Charmark Properties Limited

Charmark Properties Limited (Registered number: 00107641)

Contents of the Financial Statements
For The Year Ended 31 March 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Charmark Properties Limited

Company Information
For The Year Ended 31 March 2018







DIRECTORS: G B Lewis
C B Lewis
Mrs J M Lewis
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 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,375 1,258
Investment property 5 473,200 473,200
475,575 474,458

CURRENT ASSETS
Debtors 6 221 919
Investments 7 312,636 -
Cash at bank 63,472 386,380
376,329 387,299
CREDITORS
Amounts falling due within one year 8 16,571 18,431
NET CURRENT ASSETS 359,758 368,868
TOTAL ASSETS LESS CURRENT
LIABILITIES

835,333

843,326

CAPITAL AND RESERVES
Called up share capital 4,000 4,000
Revaluation reserve 9 412,978 412,978
Retained earnings 418,355 426,348
835,333 843,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 28 September 2018 and were signed on its behalf
by:





G B Lewis - Director


Charmark Properties Limited (Registered number: 00107641)

Notes to the Financial Statements
For The Year Ended 31 March 2018


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.

Turnover
Turnover consists of rental income and is recognised on an accruals basis.

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 most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors,

Investments are a form of basic financial instrument and are initially recognised at their transaction value and are
subsequently measured at their fair value as at balance sheet date using closing market value.Gains and losses
arising on disposals and revaluations throughout the year are included in profit and loss accounts.

All gains and losses are taken to profit and loss account as they arise. Realised gains and losses on investments
are calculated as the difference between sales proceeds and their opening carrying value or their purchase
value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as
the difference between the fair value at the year end and their carrying value.

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.

Investment income
Investment income is recognised in the year in which it is receivable.

Charmark Properties Limited (Registered number: 00107641)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2018


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2017 30,251
Additions 1,908
At 31 March 2018 32,159
DEPRECIATION
At 1 April 2017 28,993
Charge for year 791
At 31 March 2018 29,784
NET BOOK VALUE
At 31 March 2018 2,375
At 31 March 2017 1,258

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2017
and 31 March 2018 473,200
NET BOOK VALUE
At 31 March 2018 473,200
At 31 March 2017 473,200

Fair value at 31 March 2018 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:

2018 2017
£    £   
Cost 60,222 60,222

Investment property was valued on investment basis on 31 March 2017 by the directors .

6. DEBTORS
2018 2017
£    £   
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 2018


6. DEBTORS - continued
2018 2017
£    £   
Amounts falling due after more than one year:
Other debtors 221 -

Aggregate amounts 221 919

7. CURRENT ASSET INVESTMENTS
2018 2017
£    £   
Listed investments 312,636 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 719 188
Taxation and social security 2,769 5,441
Other creditors 13,083 12,802
16,571 18,431

9. RESERVES
Revaluation
reserve
£   
At 1 April 2017
and 31 March 2018 412,978