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REGISTERED NUMBER: 03269909 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

CHRIS SKARPARIS & CO. LIMITED

CHRIS SKARPARIS & CO. LIMITED (REGISTERED NUMBER: 03269909)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

CHRIS SKARPARIS & CO. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: C Skarparis





SECRETARY: Mrs V Skarpari





REGISTERED OFFICE: 2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ





REGISTERED NUMBER: 03269909 (England and Wales)





ACCOUNTANTS: Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ

CHRIS SKARPARIS & CO. LIMITED (REGISTERED NUMBER: 03269909)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 800 1,200
Tangible assets 5 6,249 8,011
7,049 9,211

CURRENT ASSETS
Debtors 6 44,711 22,383
Cash at bank 161,029 161,597
205,740 183,980
CREDITORS
Amounts falling due within one year 7 99,259 94,025
NET CURRENT ASSETS 106,481 89,955
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,530

99,166

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 113,430 99,066
SHAREHOLDERS' FUNDS 113,530 99,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2023 and were signed by:





C Skarparis - Director


CHRIS SKARPARIS & CO. LIMITED (REGISTERED NUMBER: 03269909)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Chris Skarparis & Co. Limited is a private company,limited by shares, registered in England and Wales.The company 's registered number is 03269909 and registered office address is 2nd Floor, 10(B) Aldermans Hill, Palmers Green , London, N13 4PJ.

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.

Turnover
Turnover represents net invoived sales of services, exluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 and 15% on reducing balance

Revenue recognition
Amounts due under contracts-not yet invoiced (work in progress) are valued in accordance with the recoverable standard value of time charged by all personnel engaged in the provision of services. Revenue is recognised as the contracts progress to reflect the company's partial performance of the contractual obligation. The amount of revenue recognised reflects the accrual of the right for consideration as contract activity progresses by reference to the value of work performed.

Going concern
As with most businesses the Company has been affected by the ongoing impact of Covid-19, the exit from the European Union and the high level of inflation in the UK economy. These have had an impact on the operations, customers, suppliers and staff. The Company is taking all the steps it can to protect the future of the business. Although the total impact is still uncertain the director believes that it is appropriate to prepare the accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 6 ).

CHRIS SKARPARIS & CO. LIMITED (REGISTERED NUMBER: 03269909)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022
and 31 March 2023 2,000
AMORTISATION
At 1 April 2022 800
Charge for year 400
At 31 March 2023 1,200
NET BOOK VALUE
At 31 March 2023 800
At 31 March 2022 1,200

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 44,777
Additions 192
At 31 March 2023 44,969
DEPRECIATION
At 1 April 2022 36,766
Charge for year 1,954
At 31 March 2023 38,720
NET BOOK VALUE
At 31 March 2023 6,249
At 31 March 2022 8,011

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 42,411 20,383
Amounts due under contracts -
not yet invoiced 2,300 2,000
44,711 22,383

CHRIS SKARPARIS & CO. LIMITED (REGISTERED NUMBER: 03269909)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 1,290 339
Tax 25,090 22,401
Social security and other taxes 19,387 381
VAT 16,709 15,111
Net wages control a/c - 535
Pension Fund 631 518
Directors' current accounts 36,152 54,740
99,259 94,025

8. RELATED PARTY DISCLOSURES

Chris Skarparis & Co Ltd rents offices from Lord Properties Ltd, a connected company by virtue of having Mr C. Skarparis as director and shareholder in common. Rent is charged at market rates.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHRIS SKARPARIS & CO. LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chris Skarparis & Co. Limited for the year ended 31 March 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Chris Skarparis & Co. Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chris Skarparis & Co. Limited and state those matters that we have agreed to state to the director of Chris Skarparis & Co. Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chris Skarparis & Co. Limited and its director for our work or for this report.

It is your duty to ensure that Chris Skarparis & Co. Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Chris Skarparis & Co. Limited. You consider that Chris Skarparis & Co. Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Chris Skarparis & Co. Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ


19 May 2023