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Company Registration No. 10888905 (England and Wales)
Chrysalis Partners Limited Unaudited accounts for the year ended 31 December 2023
Chrysalis Partners Limited Unaudited accounts Contents
Page
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Chrysalis Partners Limited Company Information for the year ended 31 December 2023
Directors
Mr David Watts Mr Clive Mallard Mr Jonathan Macfie Mr Martin Strzelecki
Company Number
10888905 (England and Wales)
Registered Office
Chrysalis House Kings Court Harwood Road Horsham RH13 5UR
Accountants
DB Accountancy Ltd 15 Owlscastle Close Horsham West Sussex RH12 5YA
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Chrysalis Partners Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
222,635 
130,000 
Tangible assets
1,319 
2,294 
223,954 
132,294 
Current assets
Debtors
4,071 
12,996 
Cash at bank and in hand
- 
21,678 
4,071 
34,674 
Creditors: amounts falling due within one year
(24,166)
(20,073)
Net current (liabilities)/assets
(20,095)
14,601 
Total assets less current liabilities
203,859 
146,895 
Creditors: amounts falling due after more than one year
(166,308)
(224,350)
Net assets/(liabilities)
37,551 
(77,455)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
92,635 
- 
Profit and loss account
(55,085)
(77,456)
Shareholders' funds
37,551 
(77,455)
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2024 and were signed on its behalf by
Mr David Watts Director Company Registration No. 10888905
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Chrysalis Partners Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Chrysalis Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 10888905. The registered office is Chrysalis House, Kings Court, Harwood Road, Horsham, RH13 5UR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on cost
Computer equipment
33% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
130,000 
Revaluations
92,635 
At 31 December 2023
222,635 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
222,635 
At 31 December 2022
130,000 
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Chrysalis Partners Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
2,363 
1,522 
3,885 
At 31 December 2023
2,363 
1,522 
3,885 
Depreciation
At 1 January 2023
1,089 
502 
1,591 
Charge for the year
473 
502 
975 
At 31 December 2023
1,562 
1,004 
2,566 
Net book value
At 31 December 2023
801 
518 
1,319 
At 31 December 2022
1,274 
1,020 
2,294 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
4,071 
12,996 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
17,057 
7,200 
VAT
1,482 
8,181 
Trade creditors
5,439 
3,780 
Accruals
188 
912 
24,166 
20,073 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
38,857 
42,279 
Loans from directors
127,451 
182,071 
166,308 
224,350 
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).
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