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REGISTERED NUMBER: 11138788 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Chirple Limited

Chirple Limited (Registered number: 11138788)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Chirple Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs A Williams





REGISTERED OFFICE: Barnston House
Beacon Lane
Heswall
Wirral
CH60 0EE





REGISTERED NUMBER: 11138788 (England and Wales)





ACCOUNTANTS: Dufton Kellner Limited
Chartered Accountants
Barnston House
Beacon Lane
Heswall
Wirral
Merseyside
CH60 0EE

Chirple Limited (Registered number: 11138788)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 128,189 76,434
Tangible assets 5 14,061 968
142,250 77,402

CURRENT ASSETS
Debtors 6 834,761 866,224
Cash at bank 214,824 92,366
1,049,585 958,590
CREDITORS
Amounts falling due within one year 7 638,044 537,181
NET CURRENT ASSETS 411,541 421,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

553,791

498,811

CREDITORS
Amounts falling due after more than one
year

8

53,042

75,758
NET ASSETS 500,749 423,053

CAPITAL AND RESERVES
Called up share capital 270 300
Capital redemption reserve 30 -
Retained earnings 500,449 422,753
SHAREHOLDERS' FUNDS 500,749 423,053

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 her 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.

Chirple Limited (Registered number: 11138788)

Balance Sheet - continued
31 March 2023


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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 November 2023 and were signed by:





Mrs A Williams - Director


Chirple Limited (Registered number: 11138788)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Chirple Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

Computer software is being amortised evenly over its estimated useful life of five 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 - 50% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 25 (2022 - 11 ) .

Chirple Limited (Registered number: 11138788)

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 104,761
Additions 90,885
At 31 March 2023 195,646
AMORTISATION
At 1 April 2022 28,327
Charge for year 39,130
At 31 March 2023 67,457
NET BOOK VALUE
At 31 March 2023 128,189
At 31 March 2022 76,434

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 16,589
Additions 18,062
At 31 March 2023 34,651
DEPRECIATION
At 1 April 2022 15,621
Charge for year 4,969
At 31 March 2023 20,590
NET BOOK VALUE
At 31 March 2023 14,061
At 31 March 2022 968

6. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Trade debtors 666,386 465,564
Other debtors 126,176 302,959
792,562 768,523

Chirple Limited (Registered number: 11138788)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS - continued
31.3.23 31.3.22
£    £   
Amounts falling due after more than one year:
Other debtors 42,199 97,701

Aggregate amounts 834,761 866,224

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 295,897 129,222
Trade creditors 48,454 49,841
Taxation and social security 269,796 348,828
Other creditors 23,897 9,290
638,044 537,181

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 53,042 75,758

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 348,939 204,980
Factoring 273,170 106,495
622,109 311,475

The factoring creditor is secured on the book debts of the company.

10. OTHER FINANCIAL COMMITMENTS

The company has entered into a five year lease for the office premises which completes in September 2027 but does have a break clause after thirty months. The annual rent due is £49,124 (2022- £16,200) and the total remaining under the lease amounts to £98,248 (2022- £40,500).

The company has vehicle lease agreements which complete in twelve and eighteen months respectively. The total lease payments due amount to £13,706 (2022 - £nil).

Chirple Limited (Registered number: 11138788)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
Mrs A Williams
Balance outstanding at start of year 219,173 106,121
Amounts advanced 7,873 117,052
Amounts repaid (141,177 ) (4,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 85,869 219,173

The director's loan is unsecured, interest free and repayable on demand.

12. SHAREHOLDER LOAN

At the year-end the company was owed by Mrs R Gildert, a shareholder, £25,213 (2022 - £81,446) . Amounts advanced during the year totalled £2,590 (2022 - £48,310) and amounts repaid in the year totalled £58,824 (2022 - £2,000).

The loan is interest free, unsecured, and repayable on demand.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Chirple 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 Chirple Limited for the year ended 31 March 2023 which comprise the Profit and loss account, Balance Sheet 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 Chirple Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chirple Limited and state those matters that we have agreed to state to the director of Chirple 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 Chirple Limited and its director for our work or for this report.

It is your duty to ensure that Chirple 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 Chirple Limited. You consider that Chirple 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 Chirple 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.






Dufton Kellner Limited
Chartered Accountants
Barnston House
Beacon Lane
Heswall
Wirral
Merseyside
CH60 0EE


17 November 2023