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REGISTERED NUMBER: 02169528 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

THE KNOWSLEY CHAMBER OF INDUSTRY AND
COMMERCE

THE KNOWSLEY CHAMBER OF INDUSTRY AND
COMMERCE (REGISTERED NUMBER: 02169528)

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


THE KNOWSLEY CHAMBER OF INDUSTRY AND
COMMERCE

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: The Earl of Derby
J H Davey
S R Davies
M Dow
L A J Hanlon
J Keegan
C I Kirby
L Merryweather
J Mulrooney
A J Seeley
R E Tudor
R Wah
A J Cahill
D J O'Neill


SECRETARY: L Martin-Wright


REGISTERED OFFICE: 1st Floor Huyton Library
Civic Way
Huyton
Merseyside
L36 9GD


REGISTERED NUMBER: 02169528 (England and Wales)


ACCOUNTANTS: Coburn McKenna - Chartered Accountants
81-83a Allerton Road
Liverpool
Merseyside
L18 2DA


BANKERS: HSBC Bank plc
2 Eccleston Street
Prescot
Merseyside
L34 5QF

THE KNOWSLEY CHAMBER OF INDUSTRY AND
COMMERCE (REGISTERED NUMBER: 02169528)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 2,104 -

CURRENT ASSETS
Debtors 5 27,551 19,524
Cash at bank and in hand 436,583 531,350
464,134 550,874
CREDITORS
Amounts falling due within one year 6 87,955 205,175
NET CURRENT ASSETS 376,179 345,699
TOTAL ASSETS LESS CURRENT LIABILITIES 378,283 345,699

RESERVES
Income and expenditure account 378,283 345,699
378,283 345,699

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 directors acknowledge their 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 surplus or deficit 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 Board of Directors and authorised for issue on 13 November 2023 and were signed on its behalf by:



A J Seeley - Director


THE KNOWSLEY CHAMBER OF INDUSTRY AND
COMMERCE (REGISTERED NUMBER: 02169528)

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


1. STATUTORY INFORMATION

The Knowsley Chamber Of Industry And Commerce is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost and 20% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

THE KNOWSLEY CHAMBER OF INDUSTRY AND
COMMERCE (REGISTERED NUMBER: 02169528)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2022 43,785
Additions 2,295
At 31 March 2023 46,080
DEPRECIATION
At 1 April 2022 43,785
Charge for year 191
At 31 March 2023 43,976
NET BOOK VALUE
At 31 March 2023 2,104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 12,516 18,924
Other debtors 15,035 600
27,551 19,524

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 275 82
Taxation and social security 14,713 17,756
Other creditors 72,967 187,337
87,955 205,175