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
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
Chapel Investments Ltd
Statement of financial position
as at 30 June 2023
Intangible assets
1,013,265
1,182,141
Tangible assets
3,971
14,168
Cash at bank and in hand
140,311
203,370
Creditors: amounts falling due within one year
(340,392)
(792,280)
Net current liabilities
(137,969)
(535,876)
Net assets
879,267
660,433
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
Chapel Investments Ltd
Notes to the Accounts
for the year ended 30 June 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Charge for the year
168,876
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
At 30 June 2023
32,646
18,336
50,982
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
At 30 June 2023
1,369
2,602
3,971
At 30 June 2022
8,606
5,562
14,168
Amounts falling due within one year
Trade debtors
56,112
47,034
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
128,645
100,314
Loans from directors
190,229
668,544
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).