Chesterfield Resources PLC announced its final results for the year ended 31 December 2025, highlighting a profit before tax of £419,371, a significant improvement from the previous years loss of £836,836. This turnaround is primarily attributed to the successful one-off realization of the Groups entire shareholding in Sterling Metals. The companys cash position strengthened to £1,156,568, up from £68,361 in 2024, following a successful equity raise and the realization of the remaining holding in Sterling Metals.
The Board remains focused on disciplined and selective growth, actively reviewing potential transactions to secure future opportunities. Despite no transactions being concluded in the year, the pipeline has strengthened, and the company is well-positioned with no immediate funding requirements. Cost discipline remains a core focus, and the company is committed to evaluating opportunities in both existing and new sectors.
The company also emphasized its commitment to corporate responsibility, including environmental stewardship, health and safety, and diversity, though it acknowledges the need to improve gender diversity on its board. The financial statements were prepared in accordance with UK-adopted international accounting standards, and the auditors, PKF Littlejohn LLP, provided an unqualified opinion. The companys strategic approach continues to focus on creating value through the discovery and development of economic mineral deposits, with a strong emphasis on financial and operational discipline.
| Financial Metric | 2024 | 2025 | Change |
|---|---|---|---|
| Profit/(Loss) Before Tax (£) | (836,836) | 419,371 | +1,256,207 |
| Cash and Cash Equivalents (£) | 68,361 | 1,156,568 | +1,088,207 |
| Total Equity (£) | 114,837 | 1,032,064 | +917,227 |
| Total Directors and Employee Pay (£) | 196,605 | 180,000 | -16,605 |
| Net Gain/(Loss) on Disposal of Quoted Investments (£) | (53,017) | 858,608 | +911,625 |
| Debt (£) | 0 | 0 | 0 |