Company Registration No. 11384083 (England and Wales)
ADVANCED CHEMICAL HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2022
31 December 2022
PAGES FOR FILING WITH REGISTRAR
PM+M Solutions for Business LLP
Chartered Accountants
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
ADVANCED CHEMICAL HOLDINGS LIMITED
COMPANY INFORMATION
Directors
Mr I J Lewis
Mr G Sidebottom
(Appointed 7 April 2022)
Company number
11384083
Registered office
Unit 5
Todd Hall Road
Haslingden
Rossendale
Lancashire
England
BB4 5LA
Accountants
PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
ADVANCED CHEMICAL HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ADVANCED CHEMICAL HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Fixed assets
Investments
3
1,026,347
252,463
Current assets
Cash at bank and in hand
42
2
Creditors: amounts falling due within one year
4
(754,599)
(252,462)
Net current liabilities
(754,557)
(252,460)
Total assets less current liabilities
271,790
3
Creditors: amounts falling due after more than one year
5
(171,875)
-
0
Net assets
99,915
3
Capital and reserves
Called up share capital
3
3
Profit and loss reserves
99,912
-
0
Total equity
99,915
3

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 13 November 2023 and are signed on its behalf by:
Mr I J Lewis
Director
Company registration number 11384083 (England and Wales)
ADVANCED CHEMICAL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
1
Accounting policies
Company information

Advanced Chemical Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 5, Todd Hall Road, Haslingden, Rossendale, Lancashire, England, BB4 5LA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Fixed asset investments

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2022
2021
Number
Number
Total
-
0
-
0
3
Fixed asset investments
2022
2021
£
£
Shares in group undertakings and participating interests
1,026,347
252,463
ADVANCED CHEMICAL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
3
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 January 2022
252,463
Additions
773,884
At 31 December 2022
1,026,347
Carrying amount
At 31 December 2022
1,026,347
At 31 December 2021
252,463
4
Creditors: amounts falling due within one year
2022
2021
£
£
Amounts owed to group undertakings
592,099
252,462
Other creditors
162,500
-
0
754,599
252,462
5
Creditors: amounts falling due after more than one year
2022
2021
£
£
Other creditors
171,875
-
0
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