2023-03-31-accounts

Trust document Chambercombe Trust January 2024

278794

Trustees: Angela Powell, Steven Johnson, Julie Mogg

Chambercombe Trust is a small self financing charity managing Chambercombe Manor and its grounds for the benefit of visitors to the area and the local community. Income was generated from visitors to the Manor and grounds, holiday cottages and rental income from Buzzacott Manor.

Over the last few years it has become difficult to finance Chambercombe due to the construction of the building, costs of maintenance and compliance with regulations. We therefore had no option but to sell the property, which was a complex process that was completed in December. The trust will continue to operate and manage Buzzacott Manor, maintaining the grounds for wildlife and conservation. We intend to donate money to local charities (as per our constitution) and encourage schools to visit.

COMPANY REGISTEL4TION NUIVtBER. 03040175 CHAMBERCOMBE TRADt¥G LIMtTED LTNALTDITED FINILNCIAL STATENIENTS 31 MARCH 2023 DYER & CO Chartered Accountants Onega House 112 Main Road Sidcup Kent DA14 61qE

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 COIYTENTS PAGE Drectols report Chartered accountants report to the (lirector on the preparation of the unauthted stamtory fjnanciai statements Income statement Statement of fjnatscial posilion Notes to the fmanctai statements The follo)Tring pages do not forni part of the fllkninciai statements Detaded mcome statement Notes to the det&kd itkcome statement

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED DIRECTOR'S REPORT YEAR ENDED 31 MARCH 2023 The dwector presents report and the unaudrted financ￿ statements of the company for the year ended 31 March 2023. DIRECTOR The dwector who served the company dunDg tbe year was as follows". Mrs A S Powell DtvtDEF4DS Any profit the company makes is (kne to the Chambercombe Trust by way of chantable donation. SMALL COMPAIYY PROVISIONS This report has been prep￿ed in accordance the provisions apphcable to companies ellt￿ed to the small companies exemptso This report was approved by the board of directors on beha]f of the board by and swied on Mrs A S Powell Director Regstered office.. Onega House 112Mam Road Sidcup Kent United KllEdom DA14 6

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED CHARTERED ACCOUNTAFITS REPORT TO THE DIRECTOR ON TItE PREPARATION OF THE UNAUDfiED STATUTORY FllYAIYCIAL STAIEMENIS OF CHAMBERCOMBE TRADING LtWTED YEAR ENDED 31 MARCH 2(123 order to assist you to your duts.es uoder the CorDpat]ies Act 2006. we have prepared for your approval the fjnancd staterllents of Chatnbercombe Tracbng Lllnrted for the year ended 31 M￿ch 2023. wlllch con)ptise the mcome staten￿. statement of fmancial positson and the related notes from the cornparky's acco* recor& atsd from r&orniation and explanations you have gven us. As a pracbsmg member fitTn of tbe Inst￿Jte of Chartered Accoutthts ￿ Fngjand and Wales OCAEvn. we are subject to its ethical other professional requrements wfrA'ch ￿e detsjled at wvrw.icaew cotnIe￿rneMber$kn"PIre￿jlattOnS-st3nd￿dS-and-gUjdance Thi"s report ￿ made solety to the drector of Chambercombe Tra(bng lamtted Jn accordance with the tern]s of our engagement letter dated 21 Decentser 2022. Our work has been undertaken solefy to prepare For your approval the financ￿ statements of Chambercornbe TradNg knllted and state those matters tI￿t we have weed t& state to you in ttrlls report in aCCord￿ce ICAEW Teckttucal Rele￿e 07116 as detajled vrKw.Icaew. cotnlcompjlatt'on To the fi￿est extent perniitted by law. we do not accept or assume responsibAty to anyone other than Chambercombe TTadDE 12mrted and tts dwector for our work or for thi.s report. tt is your duty to ensure that Chambercombe Trad￿ IAtYllted has kept adequate accoithig records and to prepare statutory statements that gtve a true and fajr Flew of the assets. habth'tses. fmancial position loss of Chambercombe Tra&E Lin)ited. You consider that Chambercombe Trathg I￿￿￿ed Js exempt frotn the statstory au&"t requrement for the year. We have not been instsucted to cany out an audtt or a review of the f￿anCIal statenMts of Ch&mbercombe Trad￿g Lurllted. For ttll"s reaso￿ we have not venfied the accuracy or completeness of the accountmg recoids QT r&orn]atson and explajiatsons you have gven to us and we do not, therefore, express any oprtton on the statutory financ￿ statements . DYER & CO Ch&rtered Accountants Onega House 112 Majn Road Sidcup Kent DA14 61

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED INCOME sTATE￿￿￿T YEAR ENDED 31 MARCH 2023 2023 2022 Note TURIYOVER 113.032 127.584 Cost of sales 2,840 GROSS PROFIT 106.655 124.744 AdmJrll.Strat￿e expenses Other operaknjg income OPERATING (LoSSI￿ROFI[ 138,974 145,255 26,249 5,738 (32.319) Cpther interest receivable and stt])Jlar Jncome tnterest payable and Sllndar expenses 61 18 210 (LOSS)nROFIT BEFORE TAXATION (32.902) 5.546 on Oossyprofit (LOss)￿RoFIT FOR THE FllYANCIAL YEAR (32.9 5.546 All the activities of the Co1￿3￿Y are fr¢)m contin￿]g operations. The company has no other recogrttsed Jtems of Jncome and expenses other than the results for the year as set out above. The notes on pages 6 to 12 forni part of these fmancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED STATEMENT OF FINANCIAL POSITION 31 MARCH 2023 2023 2022 Note Debtors Cash at bamk and in hand 7,962 21.293 8,141 59.079 29,255 67,220 CREDITORS: anwunts fal]ing due iyithin one year IYET CURREIYT LL4BtLITIES 389.235 384.294 359.980 317.074 TOTAL ASSETS LESS CURRE￿ MABItITIES (359,980) (317,074) CREDITORS: aMounts fal]mg due aftermore than one year io 15.946 25.950 IYET LLIBtLITIES (375.926) (343.024) The statement Of fthancial position conlmues on the followDg page The notes on pages 6 to 12 fonn part of these fjnancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED SIATEMENT OF FllYANCIAL POSITION I 31 MARCH 2023 2023 2022 Note CAPITAL AF4D RESERVES Cajled up share capttal Profit and loss account (375.928) (343.026) SHAREHOLDERS DEFICIT (375,926) (343.024) These fjnancial statements have been prepared Jo accordarLce with the prowsions apphcable to COMp￿￿eS subject tr) the small companies, regllne and th accordance with Sectr'on IA of FRS 102 'The Financial Reportttjg Standard apphcable ta the UK and Repubbc of Ireland, For the year endmg 31 March 2023 the company was entsded to exerr￿￿"0n from audtt under sectton 477 of the Cornparnes Act 2006 relatrjg to smajl compaJ)ies . Director's re5ponsibth"ttes'. The members have not iequred the company to obtsllL an audrt ofrts &wicial statements for the year in questton n accordance T￿th sectson 476. The drector acknowledges hs responnbthts.es for complymg wrth the reqwements of the Act wrth respect to accoitsikng recor& attd the preparation of kncial statements . These financial statements were approved by the board of drectors and authoiised for issue . and are signed on behalE of the board by. Mrs A S Powell Director Company regstratton number .' 03040275 The notes on pages 6 to 12 forni part of these fmancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOIES TO THE FINANCIAL sTATE￿IENTs YEAR ENDED 31 MARCH 2023 GEFIERAL D4FORNIATION The company Js a pnvate company hrnrted by shares. retsered In England and Wales. The address of the regstered office is Onega House. 112 Mam Road. Sidcup. Kent. DA14 6NE, Unrted kngdom . ACCOUNTING POLICIES Basis of preparation The 6t)ancial statements have been prepared on the lllstoncai cost basts. as modthed by the revaluatton of certain financial assets aad knabJ]th'es and tovestment properties measured at fair value ttrough profit orloss. The 6nancial statements are prepared m steth& which is the fijncts.onal currency of the entsty Judgements and key s0￿ceS of estimation wicertainty The preparats.on of the fInallC￿ statements requres management to make judgements, esi]mates and assumptsons that 3ffect the amout)ts reported These estjmates judgements are contjnually rewewed and are based on expenence and other Eactors, inciudttjg expectatsons of events that are beheved to be reasonable under the cjrcumstances. Revenue recognition Turnover is measured at the fatr vakn of the consideration received or receivable for goods supphed and seDnces iendered, net of d￿CoUntS and Value Added Tax. Revenue from the sale of goods is recogllsed TAthen the swllficant risks and rewards of ownerskllp have tra￿ferred to the buyer (usuajly on despatch of the goods). the amount of revenue can be measured rehably. it is probable tlrt the associated econon)ic benefits WAI flow to tbe enbty. and the costs ncurred or to be ￿￿U[red In respect of the transactsons can be measured rehably. IThtan￿1e assds JntaD8ble assets are mthally recorded at co¢ and are subsequently stated at cost less any accumulated amortisalion and Jmpajnnent losses. Any JntangLble assets camed at revajued amounts. recorded at the far v3h)e at the date of revajuation. as determined by reference to an active m&ket. less any subsequent accurllulated amorts"sats"oL and subsequent accutnulated impamnent losses.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 ACCOUNTllYG POLICIES ((•WtiRwl Intan￿le assets Int8￿ble assets acqwed as p&t of a busti]ess combination are only recog)ised separatefy from goodThryll Twhen they anse from cOntrac￿al or other legal nghts. are separable, the expected fithtye econonttc benefits are probable and the cost or value cart be me￿Ured rehabfy Amortisation Amortisation is calculated so as to write off the cost of ao asset. less its estjmated residual value. over the usefid hEe of that asset as follows.. Teashop ICi)/o sttagbt htLe If there is all inthation that there has been a SI￿￿ficant change tn aM0￿satIon rate. usefijl ]Jfe or residual vahje of an •le asset. the amotsatson is resised prospectt'vely to reflect the new estamates. Tangljie assds Tanglble assets are llxtsally recorded at cos¢ and subsequendy stated at cost less any accumulated depreciation and llnpairmerrt losses. Any tangble assets canied at revalued amounts are recorded at tbe Fa￿ value at the date of revaluats.on less any subsequent accumulated dePre￿￿"On and subsequent accumulated llnparment losses. An increase in the carrylljg amount of an asset as a result of a revthation. is recogmsed Jn other ComprehenS￿e mcome and accumulated n eqwty, except to the extent it reverses a revaluatton decrease of the same asset previously recogmsed in profit or loss. A decrease m the Calryll￿ amouDt of an asset as a result OE Tevaluats"otL is iecogmsed In other comprehensive income to the extent of any previously recogmsed revaluation increase accumulatrd in eqwty in respect of that asset Where a revaluth.on decrease exceeds the accumulated revaluation gatns accumuknd iti equity in respect of that asset. the excess shall be recogDLqed m profft orloss. Depreciation Depreciation is cakulated so as to write the cost or valuatson of an asset. less its re￿dUal value. over the usefjjl economic ]Jfe of that asset as follows." and fitt￿g$ Equipment 25Yo stra1￿t lffte strajgtrtt Ill

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 ACCOUNTllYG POLICIES ((•WtiRwl IMpa]rn￿lt of r￿ed assets A review for inth'cators of impainnent ts carried out at each repotting date. with the recoverable amount bell￿ estjmated T&here such nth"catoTs c￿st. Ivhere the canyll value exceeds the recoverable artsount. the asset ts llnpajred accor&ngfy. Pfior llTwairnents ajso reviewed for possibk ievusaj at each reportsng date. For the purposes of JmpallTuert tests￿ when tt is not POs￿￿1e to esljmate the recoverable arno￿t of an inthw'dual asset. an esfjmate is made of the recoverable amount of the cash-generatsng ut]tt to W￿"Ch the asset beloDgs. The cash-generahng ut)rt is the smallest identtfiable ￿0Up OE assets that includes the asset and generates cash Jnfiows that largely mdependent of the cash mdows from other assets or groups of assets. Ftsr Jttoairment testsDg of goodrf the goodwjll acqutred in a busjness combjnation is, from the acquisth.on date. allocated to each of the cash-generatsng utllts that expected to benefit from the sYner￿eS of the combjnats.oo llrespectsye of whether other assets or abjhtrs of the company are assjglled to those urtsts. Government grants Government grants are recogmsed at the far value of the asset reCC￿ed or reCe￿able. Grants are not reco￿ed unbl there is reasonable assurance that the company wll compfy with the condth.ons attachthg to them atsd the ￿allts wfjl be received. Government ￿t$ are recowed USll￿ the accnjal model atsd the perforntsnce model. iTnder the accDJal model. govement relakng to revenue are fecogmsed on a systemats"c ba￿S over the p*iods m wlll.ch the company Tecogmses the related costs for wtrll.ch the ￿allt is intended to compensate. Grajts that are receivable as compensation for expenses or losses alrea&y Incurred or for tbe pury)ose of ￿￿]ng jmmeth.ate fjnancial support to the enw with no Sjkne rejated costs are recognLsed m income in the period in W￿"Ch tt becomes receivable. Grartts relakng to assets are recogllsed in iticome on a systematic basis over the expected usefijl hfe of the asset. Where p￿ of a grant TelatsDg to an asset is deferred. tt is recogDised as defured Income and not deducted from the carryjng amount of the asset. TJnder the perf0m￿lCe mo&1. where the ￿ant does not impose specjfied fjjtt￿e perforn]ance-related condth.ons on the recjpmt, it ￿ reCog￿sed In Jnc¢)rne TRhen the ant proceeds are received or receNable. Where the ￿ant does impose speafied fjjtt￿e perfotTnance-related condth.ons on the TecFient. tt ￿ recogllsed n income onty vihen the petfomiance-related con&'tt'ons have been met. Where ￿antS received ￿e prior to sattsfyiDg the revenue recoglltton Crrte￿ they are recO￿5ed as a h"abth"ty.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 ACCOUNTllYG POLICIES ((•WtiRwl Financial Instn￿ents A fll]ancial asset or a fjnancial habthty is reCO￿Lsed onty when the company becomes a party to the contracts]al piowLons OE the instiijrnent Basic fJnaLcd instDJments are trlltsally recogllsed at the tr￿s￿¢tiOn price. unless the attangement conststtjtes a fmanctt]g transactson. where tt is recogtmsed at the present value of the 6Jture payments d￿coUnted at a market rate of llrterest for a sjmjlar debt instnllnent. Debt mstsijments subsequendy measured at amorttsed cost. Where mvestments in non-convertsble preference shares atLd non-puttable ordinary Sh￿e$ or preference shares are publLcty traded or their far vabje can otherwjse be measured rehably. the Mvestll￿t ts subsequendy measured at Far value VI￿th changes In vabje recogllsed in profit or loss. All other such investsnents are subsequently measured at cost less LmpaitTnent Other fjnancd Instruments, mcbjth￿ denvthes, ate jmts.ally reCo￿lSea at fajr value, unLess payment for an asset ts deferred beyond nom]aJ business tern]s QT fjnanced at a rate of mterest that is not a market rate, m wkll.ch case the asset ts measured at the present value of the Sjttre payments dtscouttted at a market rate of interest for a sjmjlar debt instnllrtetst. Other fjnatscjal instDJments are subsequendy theasured at fajr r￿Ue, with w cknEes recogwsed in profft or Ioss. Twrth the exception of hedgng lnstnune￿S in a acsw)ated hedgng rel*onsknp Financd assets that are measured at cost or amotsed cost are reviewed for objectsve eRdence of Jmpajrynent at the end of each reportsng date. If there is objective evLdence of JmpainnenL an impajrmertt loss is recogt)Lqed m profit or loss Jmmeth"ately. For all eq￿ty mstnm]ents regardless OE S￿D￿canCe. and other finanual assets that are irtdividually swuficant. these ate assessed mdMth￿llY for JmpaJnLerrt. Other fjnancial assets arc either assessed ￿&.￿dUallY or grouped on the baw of sllrnlar cre&"t nsk cbaractenstscs. Any reversals Qf impairment are recogmsed in profit or loss inrnediately. to the extent that the reversal does not result m a catTyJDg amount of the fjnaaual asset that exceeds what the canythg amount would have been had the irtipairment not previously been recogn￿ed.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 The average number of persons employed by tbe company the year amounted to 6 (2022. 6) 20 2022 Interest on cash and cash eqU￿alents 61 18 ¥TEREST PAYABLE AF4D St￿([LAR EXPENSES li 2023 2022 Interest on banks loans and overdrafts 210 YTAIYGIBLE ASSETS Developme nt costs Cost At l April 2012 and 31 March 2023 AmortAsation At l Apiil 2022 and 31 March 2023 Carrying amount At 31 March 2023 6.500 6.500 At 31 March 2022 io

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 TANGIBLE ASSETS Fjxbres and fithngs Eqimpment Total Cost At l Apiii 2022 and 31 Marrh 2023 Depreciation At l Apiil 2022 and 31 Marrh 2023 Carrying amount At 31 March 2023 3,276 485 3,761 3,276 485 3,761 At 31 March 2022 DEBTORS 2023 2022 Other debtors 7.962 8.141 CREDITORS: amounts falbng due within one year 2023 2022 Badc loans and overdrafts Co￿ora￿on tax Other credtors 6,389 2,130 382.846 382.158 389.235 384.294 10. CREDITORS: amounts falling due after more than one year 2023 2022 Bank loans and overdrafis 15.946 25.950 11. GOVERNMEIYT GRANTS The aMo￿ts recogllsed in the fmancial statements fcpr government grants are as follows.. 2013 2022 Recogrnsed m other operatsDg ncome" Government ￿antS recogknsed drectly in income 26.249 li

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 12. DIRECTOR'S ADVANCES, CREDrtS ATrID GuARA1￿s the year the &ector &"d not enter mto any advances, credrts or guarantees v the company.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED mANAGE￿￿￿T INFOR￿L￿TIoN YEAR ENDED 31 MARCH 2023 The follojving pages do not form part of the f￿ancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED DETAILED INCON￿ STATEMENT YEAR ENDED 31 MARCH 2023 2023 2022 TURIYOVER 113.032 127.584 COST OF SALES Tea shop expenses 2.840 GROSS PROFIT 106,655 124,744 OVERHEADS AdmJm"stratsve expenses 138.974 145.255 OTHER OPERATING INCOME 26,249 OPERATllYG (IOSSIIPROFrt (32.319) 5.738 Other interest receivable and sJrnI￿ Jnconie tnterest payable and Sll￿lar expenses 61 (644) 18 (210) (LOSS)nROFll BEFORE TAXATION (32.902) 5.546 14

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES TO DETAILED ￿[COME sTATE1￿￿￿T YEAR ENDED 31 MARCH 2023 2023 2022 li PERSOThL COSIS WAges and sakn.es 65.324 54.913 ESTAELISHMEIVT EXPEIYSES Rates and water L4ght and heat Insurance Buddts]g matenals and tradesmen Waste 5,359 10.234 7.046 24.429 1,257 3,218 10.439 7.073 45.116 1,523 48.325 67.429 GENERAL EXPENSES Motor expenses Travel and subsistence TelephL)ne Computer consumables PrintrE. stattonery. postage and a&￿tt$ll)g Sundry expenses Laundry Advertisll]g Legal and professional fee$ Accountancy fees 928 50 4.207 235 309 30 2.782 861 11,618 2.108 4,052 3.636 43 3.221 7,625 2.160 23.128 20,797 FINANCIAL COSTS Bank charges 2,197 2,116 138.974 145.255 OTItER OPERATING INCON Government grant Income 26.249 OTItER INTEREST RECETVABLE AND st￿[[EAR INCOME li Tnterest on cash and cash eqwvaients 61 18 INTEREST PAYABLE AND SINItLAR EXPENSES toterest on batts loans and overdrafts 210

Virtual Cabinet Portal Digital Signatures

Digital Signature Verification

You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:

https://www.virtualcabinetportal.com/VerifySignedDocument

Signature Dates and Times

All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:

http://www.virtualcabinetportal.com/WhatIsUTC

Signature 1

Signed by Angela Powell using authentication code eXh4L3Q4YzVneUEs at IP address 208.127.199.137, on 2023/12/15 15:07:23 Z.

Angela Powell's e-mail address is: [e-mail].

COMPANY REGISTEL4TION NUIVtBER. 03040175 CHAMBERCOMBE TRADt¥G LIMtTED LTNALTDITED FINILNCIAL STATENIENTS 31 MARCH 2023 DYER & CO Chartered Accountants Onega House 112 Main Road Sidcup Kent DA14 61qE

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 COIYTENTS PAGE Drectols report Chartered accountants report to the (lirector on the preparation of the unauthted stamtory fjnanciai statements Income statement Statement of fjnatscial posilion Notes to the fmanctai statements The follo)Tring pages do not forni part of the fllkninciai statements Detaded mcome statement Notes to the det&kd itkcome statement

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED DIRECTOR'S REPORT YEAR ENDED 31 MARCH 2023 The dwector presents report and the unaudrted financ￿ statements of the company for the year ended 31 March 2023. DIRECTOR The dwector who served the company dunDg tbe year was as follows". Mrs A S Powell DtvtDEF4DS Any profit the company makes is (kne to the Chambercombe Trust by way of chantable donation. SMALL COMPAIYY PROVISIONS This report has been prep￿ed in accordance the provisions apphcable to companies ellt￿ed to the small companies exemptso This report was approved by the board of directors on beha]f of the board by and swied on Mrs A S Powell Director Regstered office.. Onega House 112Mam Road Sidcup Kent United KllEdom DA14 6

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED CHARTERED ACCOUNTAFITS REPORT TO THE DIRECTOR ON TItE PREPARATION OF THE UNAUDfiED STATUTORY FllYAIYCIAL STAIEMENIS OF CHAMBERCOMBE TRADING LtWTED YEAR ENDED 31 MARCH 2(123 order to assist you to your duts.es uoder the CorDpat]ies Act 2006. we have prepared for your approval the fjnancd staterllents of Chatnbercombe Tracbng Lllnrted for the year ended 31 M￿ch 2023. wlllch con)ptise the mcome staten￿. statement of fmancial positson and the related notes from the cornparky's acco* recor& atsd from r&orniation and explanations you have gven us. As a pracbsmg member fitTn of tbe Inst￿Jte of Chartered Accoutthts ￿ Fngjand and Wales OCAEvn. we are subject to its ethical other professional requrements wfrA'ch ￿e detsjled at wvrw.icaew cotnIe￿rneMber$kn"PIre￿jlattOnS-st3nd￿dS-and-gUjdance Thi"s report ￿ made solety to the drector of Chambercombe Tra(bng lamtted Jn accordance with the tern]s of our engagement letter dated 21 Decentser 2022. Our work has been undertaken solefy to prepare For your approval the financ￿ statements of Chambercornbe TradNg knllted and state those matters tI￿t we have weed t& state to you in ttrlls report in aCCord￿ce ICAEW Teckttucal Rele￿e 07116 as detajled vrKw.Icaew. cotnlcompjlatt'on To the fi￿est extent perniitted by law. we do not accept or assume responsibAty to anyone other than Chambercombe TTadDE 12mrted and tts dwector for our work or for thi.s report. tt is your duty to ensure that Chambercombe Trad￿ IAtYllted has kept adequate accoithig records and to prepare statutory statements that gtve a true and fajr Flew of the assets. habth'tses. fmancial position loss of Chambercombe Tra&E Lin)ited. You consider that Chambercombe Trathg I￿￿￿ed Js exempt frotn the statstory au&"t requrement for the year. We have not been instsucted to cany out an audtt or a review of the f￿anCIal statenMts of Ch&mbercombe Trad￿g Lurllted. For ttll"s reaso￿ we have not venfied the accuracy or completeness of the accountmg recoids QT r&orn]atson and explajiatsons you have gven to us and we do not, therefore, express any oprtton on the statutory financ￿ statements . DYER & CO Ch&rtered Accountants Onega House 112 Majn Road Sidcup Kent DA14 61

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED INCOME sTATE￿￿￿T YEAR ENDED 31 MARCH 2023 2023 2022 Note TURIYOVER 113.032 127.584 Cost of sales 2,840 GROSS PROFIT 106.655 124.744 AdmJrll.Strat￿e expenses Other operaknjg income OPERATING (LoSSI￿ROFI[ 138,974 145,255 26,249 5,738 (32.319) Cpther interest receivable and stt])Jlar Jncome tnterest payable and Sllndar expenses 61 18 210 (LOSS)nROFIT BEFORE TAXATION (32.902) 5.546 on Oossyprofit (LOss)￿RoFIT FOR THE FllYANCIAL YEAR (32.9 5.546 All the activities of the Co1￿3￿Y are fr¢)m contin￿]g operations. The company has no other recogrttsed Jtems of Jncome and expenses other than the results for the year as set out above. The notes on pages 6 to 12 forni part of these fmancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED STATEMENT OF FINANCIAL POSITION 31 MARCH 2023 2023 2022 Note Debtors Cash at bamk and in hand 7,962 21.293 8,141 59.079 29,255 67,220 CREDITORS: anwunts fal]ing due iyithin one year IYET CURREIYT LL4BtLITIES 389.235 384.294 359.980 317.074 TOTAL ASSETS LESS CURRE￿ MABItITIES (359,980) (317,074) CREDITORS: aMounts fal]mg due aftermore than one year io 15.946 25.950 IYET LLIBtLITIES (375.926) (343.024) The statement Of fthancial position conlmues on the followDg page The notes on pages 6 to 12 fonn part of these fjnancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED SIATEMENT OF FllYANCIAL POSITION I 31 MARCH 2023 2023 2022 Note CAPITAL AF4D RESERVES Cajled up share capttal Profit and loss account (375.928) (343.026) SHAREHOLDERS DEFICIT (375,926) (343.024) These fjnancial statements have been prepared Jo accordarLce with the prowsions apphcable to COMp￿￿eS subject tr) the small companies, regllne and th accordance with Sectr'on IA of FRS 102 'The Financial Reportttjg Standard apphcable ta the UK and Repubbc of Ireland, For the year endmg 31 March 2023 the company was entsded to exerr￿￿"0n from audtt under sectton 477 of the Cornparnes Act 2006 relatrjg to smajl compaJ)ies . Director's re5ponsibth"ttes'. The members have not iequred the company to obtsllL an audrt ofrts &wicial statements for the year in questton n accordance T￿th sectson 476. The drector acknowledges hs responnbthts.es for complymg wrth the reqwements of the Act wrth respect to accoitsikng recor& attd the preparation of kncial statements . These financial statements were approved by the board of drectors and authoiised for issue . and are signed on behalE of the board by. Mrs A S Powell Director Company regstratton number .' 03040275 The notes on pages 6 to 12 forni part of these fmancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOIES TO THE FINANCIAL sTATE￿IENTs YEAR ENDED 31 MARCH 2023 GEFIERAL D4FORNIATION The company Js a pnvate company hrnrted by shares. retsered In England and Wales. The address of the regstered office is Onega House. 112 Mam Road. Sidcup. Kent. DA14 6NE, Unrted kngdom . ACCOUNTING POLICIES Basis of preparation The 6t)ancial statements have been prepared on the lllstoncai cost basts. as modthed by the revaluatton of certain financial assets aad knabJ]th'es and tovestment properties measured at fair value ttrough profit orloss. The 6nancial statements are prepared m steth& which is the fijncts.onal currency of the entsty Judgements and key s0￿ceS of estimation wicertainty The preparats.on of the fInallC￿ statements requres management to make judgements, esi]mates and assumptsons that 3ffect the amout)ts reported These estjmates judgements are contjnually rewewed and are based on expenence and other Eactors, inciudttjg expectatsons of events that are beheved to be reasonable under the cjrcumstances. Revenue recognition Turnover is measured at the fatr vakn of the consideration received or receivable for goods supphed and seDnces iendered, net of d￿CoUntS and Value Added Tax. Revenue from the sale of goods is recogllsed TAthen the swllficant risks and rewards of ownerskllp have tra￿ferred to the buyer (usuajly on despatch of the goods). the amount of revenue can be measured rehably. it is probable tlrt the associated econon)ic benefits WAI flow to tbe enbty. and the costs ncurred or to be ￿￿U[red In respect of the transactsons can be measured rehably. IThtan￿1e assds JntaD8ble assets are mthally recorded at co¢ and are subsequently stated at cost less any accumulated amortisalion and Jmpajnnent losses. Any JntangLble assets camed at revajued amounts. recorded at the far v3h)e at the date of revajuation. as determined by reference to an active m&ket. less any subsequent accurllulated amorts"sats"oL and subsequent accutnulated impamnent losses.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 ACCOUNTllYG POLICIES ((•WtiRwl Intan￿le assets Int8￿ble assets acqwed as p&t of a busti]ess combination are only recog)ised separatefy from goodThryll Twhen they anse from cOntrac￿al or other legal nghts. are separable, the expected fithtye econonttc benefits are probable and the cost or value cart be me￿Ured rehabfy Amortisation Amortisation is calculated so as to write off the cost of ao asset. less its estjmated residual value. over the usefid hEe of that asset as follows.. Teashop ICi)/o sttagbt htLe If there is all inthation that there has been a SI￿￿ficant change tn aM0￿satIon rate. usefijl ]Jfe or residual vahje of an •le asset. the amotsatson is resised prospectt'vely to reflect the new estamates. Tangljie assds Tanglble assets are llxtsally recorded at cos¢ and subsequendy stated at cost less any accumulated depreciation and llnpairmerrt losses. Any tangble assets canied at revalued amounts are recorded at tbe Fa￿ value at the date of revaluats.on less any subsequent accumulated dePre￿￿"On and subsequent accumulated llnparment losses. An increase in the carrylljg amount of an asset as a result of a revthation. is recogmsed Jn other ComprehenS￿e mcome and accumulated n eqwty, except to the extent it reverses a revaluatton decrease of the same asset previously recogmsed in profit or loss. A decrease m the Calryll￿ amouDt of an asset as a result OE Tevaluats"otL is iecogmsed In other comprehensive income to the extent of any previously recogmsed revaluation increase accumulatrd in eqwty in respect of that asset Where a revaluth.on decrease exceeds the accumulated revaluation gatns accumuknd iti equity in respect of that asset. the excess shall be recogDLqed m profft orloss. Depreciation Depreciation is cakulated so as to write the cost or valuatson of an asset. less its re￿dUal value. over the usefjjl economic ]Jfe of that asset as follows." and fitt￿g$ Equipment 25Yo stra1￿t lffte strajgtrtt Ill

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 ACCOUNTllYG POLICIES ((•WtiRwl IMpa]rn￿lt of r￿ed assets A review for inth'cators of impainnent ts carried out at each repotting date. with the recoverable amount bell￿ estjmated T&here such nth"catoTs c￿st. Ivhere the canyll value exceeds the recoverable artsount. the asset ts llnpajred accor&ngfy. Pfior llTwairnents ajso reviewed for possibk ievusaj at each reportsng date. For the purposes of JmpallTuert tests￿ when tt is not POs￿￿1e to esljmate the recoverable arno￿t of an inthw'dual asset. an esfjmate is made of the recoverable amount of the cash-generatsng ut]tt to W￿"Ch the asset beloDgs. The cash-generahng ut)rt is the smallest identtfiable ￿0Up OE assets that includes the asset and generates cash Jnfiows that largely mdependent of the cash mdows from other assets or groups of assets. Ftsr Jttoairment testsDg of goodrf the goodwjll acqutred in a busjness combjnation is, from the acquisth.on date. allocated to each of the cash-generatsng utllts that expected to benefit from the sYner￿eS of the combjnats.oo llrespectsye of whether other assets or abjhtrs of the company are assjglled to those urtsts. Government grants Government grants are recogmsed at the far value of the asset reCC￿ed or reCe￿able. Grants are not reco￿ed unbl there is reasonable assurance that the company wll compfy with the condth.ons attachthg to them atsd the ￿allts wfjl be received. Government ￿t$ are recowed USll￿ the accnjal model atsd the perforntsnce model. iTnder the accDJal model. govement relakng to revenue are fecogmsed on a systemats"c ba￿S over the p*iods m wlll.ch the company Tecogmses the related costs for wtrll.ch the ￿allt is intended to compensate. Grajts that are receivable as compensation for expenses or losses alrea&y Incurred or for tbe pury)ose of ￿￿]ng jmmeth.ate fjnancial support to the enw with no Sjkne rejated costs are recognLsed m income in the period in W￿"Ch tt becomes receivable. Grartts relakng to assets are recogllsed in iticome on a systematic basis over the expected usefijl hfe of the asset. Where p￿ of a grant TelatsDg to an asset is deferred. tt is recogDised as defured Income and not deducted from the carryjng amount of the asset. TJnder the perf0m￿lCe mo&1. where the ￿ant does not impose specjfied fjjtt￿e perforn]ance-related condth.ons on the recjpmt, it ￿ reCog￿sed In Jnc¢)rne TRhen the ant proceeds are received or receNable. Where the ￿ant does impose speafied fjjtt￿e perfotTnance-related condth.ons on the TecFient. tt ￿ recogllsed n income onty vihen the petfomiance-related con&'tt'ons have been met. Where ￿antS received ￿e prior to sattsfyiDg the revenue recoglltton Crrte￿ they are recO￿5ed as a h"abth"ty.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 ACCOUNTllYG POLICIES ((•WtiRwl Financial Instn￿ents A fll]ancial asset or a fjnancial habthty is reCO￿Lsed onty when the company becomes a party to the contracts]al piowLons OE the instiijrnent Basic fJnaLcd instDJments are trlltsally recogllsed at the tr￿s￿¢tiOn price. unless the attangement conststtjtes a fmanctt]g transactson. where tt is recogtmsed at the present value of the 6Jture payments d￿coUnted at a market rate of llrterest for a sjmjlar debt instnllnent. Debt mstsijments subsequendy measured at amorttsed cost. Where mvestments in non-convertsble preference shares atLd non-puttable ordinary Sh￿e$ or preference shares are publLcty traded or their far vabje can otherwjse be measured rehably. the Mvestll￿t ts subsequendy measured at Far value VI￿th changes In vabje recogllsed in profit or loss. All other such investsnents are subsequently measured at cost less LmpaitTnent Other fjnancd Instruments, mcbjth￿ denvthes, ate jmts.ally reCo￿lSea at fajr value, unLess payment for an asset ts deferred beyond nom]aJ business tern]s QT fjnanced at a rate of mterest that is not a market rate, m wkll.ch case the asset ts measured at the present value of the Sjttre payments dtscouttted at a market rate of interest for a sjmjlar debt instnllrtetst. Other fjnatscjal instDJments are subsequendy theasured at fajr r￿Ue, with w cknEes recogwsed in profft or Ioss. Twrth the exception of hedgng lnstnune￿S in a acsw)ated hedgng rel*onsknp Financd assets that are measured at cost or amotsed cost are reviewed for objectsve eRdence of Jmpajrynent at the end of each reportsng date. If there is objective evLdence of JmpainnenL an impajrmertt loss is recogt)Lqed m profit or loss Jmmeth"ately. For all eq￿ty mstnm]ents regardless OE S￿D￿canCe. and other finanual assets that are irtdividually swuficant. these ate assessed mdMth￿llY for JmpaJnLerrt. Other fjnancial assets arc either assessed ￿&.￿dUallY or grouped on the baw of sllrnlar cre&"t nsk cbaractenstscs. Any reversals Qf impairment are recogmsed in profit or loss inrnediately. to the extent that the reversal does not result m a catTyJDg amount of the fjnaaual asset that exceeds what the canythg amount would have been had the irtipairment not previously been recogn￿ed.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 The average number of persons employed by tbe company the year amounted to 6 (2022. 6) 20 2022 Interest on cash and cash eqU￿alents 61 18 ¥TEREST PAYABLE AF4D St￿([LAR EXPENSES li 2023 2022 Interest on banks loans and overdrafts 210 YTAIYGIBLE ASSETS Developme nt costs Cost At l April 2012 and 31 March 2023 AmortAsation At l Apiil 2022 and 31 March 2023 Carrying amount At 31 March 2023 6.500 6.500 At 31 March 2022 io

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 TANGIBLE ASSETS Fjxbres and fithngs Eqimpment Total Cost At l Apiii 2022 and 31 Marrh 2023 Depreciation At l Apiil 2022 and 31 Marrh 2023 Carrying amount At 31 March 2023 3,276 485 3,761 3,276 485 3,761 At 31 March 2022 DEBTORS 2023 2022 Other debtors 7.962 8.141 CREDITORS: amounts falbng due within one year 2023 2022 Badc loans and overdrafts Co￿ora￿on tax Other credtors 6,389 2,130 382.846 382.158 389.235 384.294 10. CREDITORS: amounts falling due after more than one year 2023 2022 Bank loans and overdrafis 15.946 25.950 11. GOVERNMEIYT GRANTS The aMo￿ts recogllsed in the fmancial statements fcpr government grants are as follows.. 2013 2022 Recogrnsed m other operatsDg ncome" Government ￿antS recogknsed drectly in income 26.249 li

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES IO THE FINANCIAL STATE1￿￿lIs YEAR ENDED 31 MARCH 2023 12. DIRECTOR'S ADVANCES, CREDrtS ATrID GuARA1￿s the year the &ector &"d not enter mto any advances, credrts or guarantees v the company.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED mANAGE￿￿￿T INFOR￿L￿TIoN YEAR ENDED 31 MARCH 2023 The follojving pages do not form part of the f￿ancial statements.

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED DETAILED INCON￿ STATEMENT YEAR ENDED 31 MARCH 2023 2023 2022 TURIYOVER 113.032 127.584 COST OF SALES Tea shop expenses 2.840 GROSS PROFIT 106,655 124,744 OVERHEADS AdmJm"stratsve expenses 138.974 145.255 OTHER OPERATING INCOME 26,249 OPERATllYG (IOSSIIPROFrt (32.319) 5.738 Other interest receivable and sJrnI￿ Jnconie tnterest payable and Sll￿lar expenses 61 (644) 18 (210) (LOSS)nROFll BEFORE TAXATION (32.902) 5.546 14

CHA￿[BERCo1￿[BE TIL4DING ￿￿ItTED NOTES TO DETAILED ￿[COME sTATE1￿￿￿T YEAR ENDED 31 MARCH 2023 2023 2022 li PERSOThL COSIS WAges and sakn.es 65.324 54.913 ESTAELISHMEIVT EXPEIYSES Rates and water L4ght and heat Insurance Buddts]g matenals and tradesmen Waste 5,359 10.234 7.046 24.429 1,257 3,218 10.439 7.073 45.116 1,523 48.325 67.429 GENERAL EXPENSES Motor expenses Travel and subsistence TelephL)ne Computer consumables PrintrE. stattonery. postage and a&￿tt$ll)g Sundry expenses Laundry Advertisll]g Legal and professional fee$ Accountancy fees 928 50 4.207 235 309 30 2.782 861 11,618 2.108 4,052 3.636 43 3.221 7,625 2.160 23.128 20,797 FINANCIAL COSTS Bank charges 2,197 2,116 138.974 145.255 OTItER OPERATING INCON Government grant Income 26.249 OTItER INTEREST RECETVABLE AND st￿[[EAR INCOME li Tnterest on cash and cash eqwvaients 61 18 INTEREST PAYABLE AND SINItLAR EXPENSES toterest on batts loans and overdrafts 210

Virtual Cabinet Portal Digital Signatures

Digital Signature Verification

You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page:

https://www.virtualcabinetportal.com/VerifySignedDocument

Signature Dates and Times

All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC), which is generally equivalent to GMT. You can find out more about UTC at the following web page:

http://www.virtualcabinetportal.com/WhatIsUTC

Signature 1

Signed by Angela Powell using authentication code eXh4L3Q4YzVneUEs at IP address 208.127.199.137, on 2023/12/15 15:07:23 Z.

Angela Powell's e-mail address is: [e-mail].