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Company Registration No. 12156370 (England and Wales)
Chrysalis Partners South Ltd Unaudited accounts for the year ended 31 August 2023
Chrysalis Partners South Ltd Unaudited accounts Contents
Page
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Chrysalis Partners South Ltd Company Information for the year ended 31 August 2023
Director
Graham Garman
Company Number
12156370 (England and Wales)
Registered Office
16 Quail Close Horsham West Sussex RH12 5ZJ United Kingdom
Accountants
DB Accountancy Ltd 15 Owlscastle Close Horsham West Sussex RH12 5YA
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Chrysalis Partners South Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,800 
9,600 
Tangible assets
- 
205 
4,800 
9,805 
Current assets
Debtors
1,320 
8,756 
Cash at bank and in hand
13,654 
9,784 
14,974 
18,540 
Creditors: amounts falling due within one year
(6,481)
(5,686)
Net current assets
8,493 
12,854 
Total assets less current liabilities
13,293 
22,659 
Creditors: amounts falling due after more than one year
(31,710)
(46,179)
Net liabilities
(18,417)
(23,520)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,418)
(23,521)
Shareholders' funds
(18,417)
(23,520)
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 October 2023 and were signed on its behalf by
Graham Garman Director Company Registration No. 12156370
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Chrysalis Partners South Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Chrysalis Partners South Ltd is a private company, limited by shares, registered in England and Wales, registration number 12156370. The registered office is 16 Quail Close, Horsham, West Sussex, RH12 5ZJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% - Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2022
24,000 
At 31 August 2023
24,000 
Amortisation
At 1 September 2022
14,400 
Charge for the year
4,800 
At 31 August 2023
19,200 
Net book value
At 31 August 2023
4,800 
At 31 August 2022
9,600 
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Chrysalis Partners South Ltd Notes to the Accounts for the year ended 31 August 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2022
2,585 
At 31 August 2023
2,585 
Depreciation
At 1 September 2022
2,380 
Charge for the year
205 
At 31 August 2023
2,585 
Net book value
At 31 August 2023
- 
At 31 August 2022
205 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,320 
8,508 
Other debtors
- 
248 
1,320 
8,756 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,410 
4,440 
VAT
989 
588 
Trade creditors
631 
118 
Accruals
451 
540 
6,481 
5,686 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,257 
12,227 
Loans from directors
23,453 
33,952 
31,710 
46,179 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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