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REGISTERED NUMBER: 09075139















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

FOR

CHASEMAN GLOBAL LTD

CHASEMAN GLOBAL LTD (REGISTERED NUMBER: 09075139)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHASEMAN GLOBAL LTD

COMPANY INFORMATION
for the Year Ended 31st March 2021







DIRECTOR: Mr R J Connolly





SECRETARY: Mr R J Connolly





REGISTERED OFFICE: 1 City Road East
Mancheser
M15 4PN





REGISTERED NUMBER: 09075139





ACCOUNTANTS: KJG
1 City Road East
Manchester
M15 4PN

CHASEMAN GLOBAL LTD (REGISTERED NUMBER: 09075139)

BALANCE SHEET
31st March 2021

2021 2020
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,465 10,339

CURRENT ASSETS
Debtors 5 450,057 361,731
Cash at bank 124,053 6,277
574,110 368,008
CREDITORS
Amounts falling due within one year 6 (512,470 ) (318,443 )
NET CURRENT ASSETS 61,640 49,565
TOTAL ASSETS LESS CURRENT LIABILITIES 68,105 59,904

CREDITORS
Amounts falling due after more than one year 7 (97,948 ) (96,151 )
NET LIABILITIES (29,843 ) (36,247 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (29,943 ) (36,347 )
SHAREHOLDERS' FUNDS (29,843 ) (36,247 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CHASEMAN GLOBAL LTD (REGISTERED NUMBER: 09075139)

BALANCE SHEET - continued
31st March 2021


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19th August 2022 and were signed by:





Mr R J Connolly - Director


CHASEMAN GLOBAL LTD (REGISTERED NUMBER: 09075139)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2021


1. STATUTORY INFORMATION

Chaseman Global Limited is a private company, limited by shares, registered in England and Wales, registration number 09075139. The address of the registered office is 1 City Road East, Manchester, M15 4PN. The principal place of business is 78A King Street, Knutsford, Cheshire, WA16 6ED.

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.

At the reporting date, the company's liabilities exceed its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of approval of these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover principally consists of income from recruitment consultancy fees.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Fixtures and fittings- 25% straight line basis

At each balance sheet date, the Company reviews the carrying amounts of its fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.


CHASEMAN GLOBAL LTD (REGISTERED NUMBER: 09075139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2021


2. ACCOUNTING POLICIES - continued
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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand,

Government Grants
Government grants are recognised on the accrual model and are measured at fair value of the asset receivable. Grants are classified as relating either to other income or to assets. Grants related to other income are recognised in profit or loss over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2020 - 10 ) .

CHASEMAN GLOBAL LTD (REGISTERED NUMBER: 09075139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2021


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st April 2020 31,637
Additions 4,927
At 31st March 2021 36,564
DEPRECIATION
At 1st April 2020 21,298
Charge for year 8,801
At 31st March 2021 30,099
NET BOOK VALUE
At 31st March 2021 6,465
At 31st March 2020 10,339

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 199,973 61,496
Other debtors 250,084 300,235
450,057 361,731

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 9,506 -
Trade creditors 122,475 107,627
Taxation and social security 317,395 152,652
Other creditors 63,094 58,164
512,470 318,443

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans 40,493 -
Other creditors 57,455 96,151
97,948 96,151

CHASEMAN GLOBAL LTD (REGISTERED NUMBER: 09075139)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2021


8. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
90 Ordinary £1 90 90
10 Ordinary A 1 10 10
100 100