IRIS Accounts Production v23.1.0.753 11916992 director 1.4.22 31.3.23 31.3.23 false true false false false true false Ordinary Shares 1.00000 A Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure119169922022-03-31119169922023-03-31119169922022-04-012023-03-31119169922021-03-31119169922021-04-012022-03-31119169922022-03-3111916992ns16:EnglandWales2022-04-012023-03-3111916992ns15:PoundSterling2022-04-012023-03-3111916992ns11:Director12022-04-012023-03-3111916992ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3111916992ns11:SmallEntities2022-04-012023-03-3111916992ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3111916992ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111916992ns11:FullAccounts2022-04-012023-03-311191699212022-04-012023-03-3111916992ns11:OrdinaryShareClass12022-04-012023-03-3111916992ns11:OrdinaryShareClass22022-04-012023-03-3111916992ns11:RegisteredOffice2022-04-012023-03-3111916992ns6:CurrentFinancialInstruments2023-03-3111916992ns6:CurrentFinancialInstruments2022-03-3111916992ns6:Non-currentFinancialInstruments2023-03-3111916992ns6:Non-currentFinancialInstruments2022-03-3111916992ns6:ShareCapital2023-03-3111916992ns6:ShareCapital2022-03-3111916992ns6:RetainedEarningsAccumulatedLosses2023-03-3111916992ns6:RetainedEarningsAccumulatedLosses2022-03-3111916992ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111916992ns6:ComputerSoftware2022-04-012023-03-3111916992ns6:PlantMachinery2022-04-012023-03-3111916992ns6:IntangibleAssetsOtherThanGoodwill2023-03-3111916992ns6:PlantMachinery2022-03-3111916992ns6:PlantMachinery2023-03-3111916992ns6:PlantMachinery2022-03-3111916992ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3111916992ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111916992ns11:OrdinaryShareClass12023-03-3111916992ns11:OrdinaryShareClass22023-03-3111916992ns11:Director112022-03-3111916992ns11:Director112021-03-3111916992ns11:Director112022-04-012023-03-3111916992ns11:Director112021-04-012022-03-3111916992ns11:Director112023-03-3111916992ns11:Director112022-03-31
REGISTERED NUMBER: 11916992 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

CHELSEA PERSONNEL LIMITED

CHELSEA PERSONNEL LIMITED (REGISTERED NUMBER: 11916992)

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


CHELSEA PERSONNEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: J W Vine





REGISTERED OFFICE: Giant Personnel Ltd 21 Investment House
Queens Road
Weybridge
KT13 9UT





REGISTERED NUMBER: 11916992 (England and Wales)





ACCOUNTANTS: GWAS Limited
Unit 4, Jardine House
1C Claremont Road
Teddington
Middlesex
TW11 8DH

CHELSEA PERSONNEL LIMITED (REGISTERED NUMBER: 11916992)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,562 -
Tangible assets 5 19,360 6,899
50,922 6,899

CURRENT ASSETS
Debtors 6 50,769 63,985
Cash at bank 69,340 441
120,109 64,426
CREDITORS
Amounts falling due within one year 7 135,031 40,552
NET CURRENT (LIABILITIES)/ASSETS (14,922 ) 23,874
TOTAL ASSETS LESS CURRENT LIABILITIES 36,000 30,773

CREDITORS
Amounts falling due after more than one year 8 30,199 30,199
NET ASSETS 5,801 574

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 5,601 374
SHAREHOLDERS' FUNDS 5,801 574

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 his 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.

CHELSEA PERSONNEL LIMITED (REGISTERED NUMBER: 11916992)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2023 and were signed by:





J W Vine - Director


CHELSEA PERSONNEL LIMITED (REGISTERED NUMBER: 11916992)

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


1. STATUTORY INFORMATION

Chelsea Personnel 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.

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 four 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 - 33% on cost, 25% on cost and 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

CHELSEA PERSONNEL LIMITED (REGISTERED NUMBER: 11916992)

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


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 42,083
At 31 March 2023 42,083
AMORTISATION
Charge for year 10,521
At 31 March 2023 10,521
NET BOOK VALUE
At 31 March 2023 31,562

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 15,251
Additions 21,944
At 31 March 2023 37,195
DEPRECIATION
At 1 April 2022 8,352
Charge for year 9,483
At 31 March 2023 17,835
NET BOOK VALUE
At 31 March 2023 19,360
At 31 March 2022 6,899

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 21,825 -
Other debtors 28,944 63,985
50,769 63,985

CHELSEA PERSONNEL LIMITED (REGISTERED NUMBER: 11916992)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 7,740 7,740
Trade creditors - 533
Taxation and social security 125,150 32,278
Other creditors 2,141 1
135,031 40,552

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 30,199 30,199

9. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary Shares £1 100 100
100 A Ordinary shares £1 100 100
200 200

10. 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
£    £   
J W Vine
Balance outstanding at start of year 48,291 34,425
Amounts advanced 82,427 13,866
Amounts repaid (131,009 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (291 ) 48,291