CHASING THREADS LTD

Company Registration Number:
11137705 (England and Wales)

Unaudited micro entity accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

CHASING THREADS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

CHASING THREADS LTD

Company Information

for the Period Ended 31 January 2023




Director: Emma Royston
Registered office: The Cottage
Speldhurst Hill
Speldhurst
Tunbridge Wells
England
TN3 0NL
Company Registration Number: 11137705 (England and Wales)

CHASING THREADS LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Emma Royston

This report was approved by the board of directors on 21 November 2023
And Signed On Behalf Of The Board By:

Name: Emma Royston
Status: Director

CHASING THREADS LTD

Profit and Loss Account

for the Period Ended 31 January 2023


2023
£

2022
£
Turnover 147,615 158,113
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 96,415 ) ( 99,378 )
Staff Costs ( 26,734 ) ( 13,733 )
Depreciation and Writeoffs ( 2,329 ) ( 18,510 )
Other charges ( 36,119 ) ( 25,479 )
Tax on Profit 25 ( 238 )
Profit or (Loss) for Period ( 13,957 ) 775

CHASING THREADS LTD

Balance sheet

As at 31 January 2023


2023
£

2022
£
Called up share capital not paid: 0 0
Fixed Assets: 0 0
Current assets: 80,249 109,121
Creditors: amounts falling due within one year: ( 9,411 ) ( 12,182 )
Net current assets (liabilities): 70,838 96,939
Total assets less current liabilities: 70,838 96,939
Creditors: amounts falling due after more than one year: ( 17,014 ) ( 22,338 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 218 )
Total net assets (liabilities): 53,824 74,383
Capital and reserves: 53,824 74,383

CHASING THREADS LTD

Balance sheet continued

For the year ending 31 January 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 21 November 2023
And Signed On Behalf Of The Board By:

Name: Emma Royston
Status: Director

The notes form part of these financial statements

CHASING THREADS LTD

Footnotes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Employee Information

    Average number of employees: 1

CHASING THREADS LTD

Footnotes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Off balance sheet disclosure

    No

CHASING THREADS LTD

Footnotes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Advances and credits

    During the prior year, the company made interest-free advances to a director amounting to £6,603. This amount was fully written off during the current year.