Registered number
08391283
ARCHITECTS CHL LIMITED
Unaudited Filleted Accounts
31 March 2023
ARCHITECTS CHL LIMITED
Registered number: 08391283
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 4,000 4,120
4,001 4,121
Current assets
Debtors 5 69,600 6,790
Cash at bank and in hand 59,534 22,916
129,134 29,706
Creditors: amounts falling due within one year 6 (48,244) (30,708)
Net current assets/(liabilities) 80,890 (1,002)
Total assets less current liabilities 84,891 3,119
Provisions for liabilities (760) (783)
Net assets 84,131 2,336
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 83,131 1,336
Shareholder's funds 84,131 2,336
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A CARRICK
Director
Approved by the board on 13 November 2023
ARCHITECTS CHL LIMITED
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services and the incidental supply of materials. Turnover from the rendering of services is recognised by reference to the agreed stage of the contract when the value of the service rendered is invoiced.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulated amortisation and any accumulated impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures and fittings 20% on book values
Work in progress
Work in progress has no value until a billing stage is reached when an invoice is rendered.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2022 50,000
At 31 March 2023 50,000
Amortisation
At 1 April 2022 49,999
At 31 March 2023 49,999
Net book value
At 31 March 2023 1
At 31 March 2022 1
Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 April 2022 14,496
Additions 640
At 31 March 2023 15,136
Depreciation
At 1 April 2022 10,376
Charge for the year 760
At 31 March 2023 11,136
Net book value
At 31 March 2023 4,000
At 31 March 2022 4,120
5 Debtors 2023 2022
£ £
Trade debtors 69,600 6,790
6 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 30,671 7,435
Director's loan account 15,373 21,173
Accruals 2,200 2,100
48,244 30,708
7 Related party transactions
Dividends amounting to £20,000 (2022 - £30,000) were paid to the director during the year.
8 Controlling party
Throughout this and the previous period the company was under the control of Mr A Carrick, a director and shareholder.
9 Other information
ARCHITECTS CHL LIMITED is a private company limited by shares and incorporated in England. Its registered office is Dawes Court House, Dawes Court, High Street, Esher, KT10 9QD.
ARCHITECTS CHL LIMITED 08391283 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 release 2 A CARRICK No description of principal activity 08391283 2021-04-01 2022-03-31 08391283 core:WithinOneYear 2022-03-31 08391283 core:ShareCapital 2022-03-31 08391283 core:RetainedEarningsAccumulatedLosses 2022-03-31 08391283 2022-04-01 2023-03-31 08391283 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08391283 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08391283 bus:Director40 2022-04-01 2023-03-31 08391283 1 2022-04-01 2023-03-31 08391283 2 2022-04-01 2023-03-31 08391283 core:PlantMachinery 2022-04-01 2023-03-31 08391283 countries:England 2022-04-01 2023-03-31 08391283 bus:FRS102 2022-04-01 2023-03-31 08391283 bus:FullAccounts 2022-04-01 2023-03-31 08391283 2023-03-31 08391283 core:WithinOneYear 2023-03-31 08391283 core:ShareCapital 2023-03-31 08391283 core:RetainedEarningsAccumulatedLosses 2023-03-31 08391283 core:Goodwill 2023-03-31 08391283 core:PlantMachinery 2023-03-31 08391283 2022-03-31 08391283 core:Goodwill 2022-03-31 08391283 core:PlantMachinery 2022-03-31 iso4217:GBP xbrli:pure