CHASE FIBRE LTD

Company Registration Number:
13893134 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 03 February 2022

End date: 28 February 2023

CHASE FIBRE LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

CHASE FIBRE LTD

Company Information

for the Period Ended 28 February 2023




Registered office: Unit 8
33 Barry Road
Oldland Common
Bristol
England
BS30 6QX
Company Registration Number: 13893134 (England and Wales)

CHASE FIBRE LTD

Balance sheet

As at 28 February 2023


Notes
13 months to
28 Feb 2023
£
Fixed assets
Tangible assets: 4 148,033
Total fixed assets: 148,033
Current assets
Debtors: 5 247,245
Cash at bank and in hand: 103,007
Total current assets: 350,252
Prepayments and accrued income: 10,510
Creditors: amounts falling due within one year: 6 ( 213,143 )
Net current assets (liabilities): 147,619
Total assets less current liabilities: 295,652
Total net assets (liabilities): 295,652

The notes form part of these financial statements

CHASE FIBRE LTD

Balance sheet continued

As at 28 February 2023


Notes
13 months to
28 Feb 2023
£
Capital and reserves
Called up share capital: 100
Profit and loss account: 295,552
Shareholders funds: 295,652

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 2 November 2023
And Signed On Behalf Of The Board By:

Name: Andrew Weeks
Status: Director

The notes form part of these financial statements

CHASE FIBRE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for services net of VAT and trade discounts

CHASE FIBRE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    13 months to
    28 Feb 2023
    Average number of employees during the period 2

CHASE FIBRE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

CHASE FIBRE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
Additions 83,204 109,648 4,527 197,379
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 28 February 2023 83,204 109,648 4,527 197,379
Depreciation
Charge for year 20,801 27,412 1,133 49,346
On disposals - - - -
Other adjustments - - - -
At 28 February 2023 20,801 27,412 1,133 49,346
Net book value
At 28 February 2023 62,403 82,236 3,394 148,033

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:
Plant & machinery - 25% Reducing Balance
Motor vehicles - 25% Reducing Balance
Computer equipment - 25% Reducing Balance

CHASE FIBRE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors

13 months to
28 Feb 2023
£
Trade debtors 84,134
Other debtors 163,111
Total 247,245

CHASE FIBRE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note

13 months to
28 Feb 2023
£
Trade creditors 4,952
Taxation and social security 29,536
Accruals and deferred income 88,722
Other creditors 89,933
Total 213,143