1 July 2022 false No description of principal activity Taxfiler 2023.14 11922080business:PrivateLimitedCompanyLtd2022-07-012023-06-30 119220802022-06-30 119220802022-07-012023-06-30 11922080business:AuditExemptWithAccountantsReport2022-07-012023-06-30 11922080business:FilletedAccounts2022-07-012023-06-30 119220802023-06-30 11922080business:Director12022-07-012023-06-30 11922080business:Director22022-07-012023-06-30 11922080business:Director32022-07-012023-06-30 11922080business:RegisteredOffice2022-07-012023-06-30 119220802022-06-30 11922080core:WithinOneYear2023-06-30 11922080core:WithinOneYear2022-06-30 11922080core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 11922080core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 11922080core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 11922080core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 11922080core:PreviouslyStatedAmount2023-06-30 11922080core:PreviouslyStatedAmount2022-06-30 11922080business:SmallEntities2022-07-012023-06-30 11922080countries:EnglandWales2022-07-012023-06-30 11922080core:FurnitureFittings2022-07-012023-06-30 11922080core:ComputerEquipment2022-07-012023-06-30 11922080core:Goodwill2022-06-30 11922080core:Goodwill2023-06-30 11922080core:Goodwill2022-07-012023-06-30 11922080core:FurnitureFittings2022-06-30 11922080core:ComputerEquipment2022-06-30 11922080core:FurnitureFittings2023-06-30 11922080core:ComputerEquipment2023-06-30 119220802021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 11922080 (England and Wales)
Chapel Investments Ltd Unaudited accounts for the year ended 30 June 2023
Chapel Investments Ltd Unaudited accounts Contents
Page
- 2 -
Chapel Investments Ltd Company Information for the year ended 30 June 2023
Directors
Sam Carpenter Philip Carpenter Deborah Carpenter
Company Number
11922080 (England and Wales)
Registered Office
2b Chapel Street Petersfield Hampshire GU32 3DP
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
- 3 -
Chapel Investments Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,013,265 
1,182,141 
Tangible assets
3,971 
14,168 
1,017,236 
1,196,309 
Current assets
Debtors
62,112 
53,034 
Cash at bank and in hand
140,311 
203,370 
202,423 
256,404 
Creditors: amounts falling due within one year
(340,392)
(792,280)
Net current liabilities
(137,969)
(535,876)
Net assets
879,267 
660,433 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
878,967 
660,133 
Shareholders' funds
879,267 
660,433 
For the year ending 30 June 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 31 December 2023 and were signed on its behalf by
Sam Carpenter Director Company Registration No. 11922080
- 4 -
Chapel Investments Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Chapel Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11922080. The registered office is 2b Chapel Street, Petersfield, Hampshire, GU32 3DP.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is at 10% straight line
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
25% Straight Line
Computer equipment
25% Straight Line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
1,688,769 
At 30 June 2023
1,688,769 
Amortisation
At 1 July 2022
506,628 
Charge for the year
168,876 
At 30 June 2023
675,504 
Net book value
At 30 June 2023
1,013,265 
At 30 June 2022
1,182,141 
- 5 -
Chapel Investments Ltd Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
31,721 
16,712 
48,433 
Additions
925 
1,624 
2,549 
At 30 June 2023
32,646 
18,336 
50,982 
Depreciation
At 1 July 2022
23,115 
11,150 
34,265 
Charge for the year
8,162 
4,584 
12,746 
At 30 June 2023
31,277 
15,734 
47,011 
Net book value
At 30 June 2023
1,369 
2,602 
3,971 
At 30 June 2022
8,606 
5,562 
14,168 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
56,112 
47,034 
Other debtors
6,000 
6,000 
62,112 
53,034 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
19,868 
21,772 
Taxes and social security
128,645 
100,314 
Loans from directors
190,229 
668,544 
Accruals
1,650 
1,650 
340,392 
792,280 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -