Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-09-01falseInvestment Company44truefalse 543171 2022-09-01 2023-08-31 543171 2021-09-01 2022-08-31 543171 2023-08-31 543171 2022-08-31 543171 c:Director2 2022-09-01 2023-08-31 543171 d:OfficeEquipment 2022-09-01 2023-08-31 543171 d:OfficeEquipment 2023-08-31 543171 d:OfficeEquipment 2022-08-31 543171 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 543171 d:CurrentFinancialInstruments 2023-08-31 543171 d:CurrentFinancialInstruments 2022-08-31 543171 d:Non-currentFinancialInstruments 2023-08-31 543171 d:Non-currentFinancialInstruments 2022-08-31 543171 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 543171 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 543171 d:ShareCapital 2023-08-31 543171 d:ShareCapital 2022-08-31 543171 d:RetainedEarningsAccumulatedLosses 2023-08-31 543171 d:RetainedEarningsAccumulatedLosses 2022-08-31 543171 c:FRS102 2022-09-01 2023-08-31 543171 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 543171 c:FullAccounts 2022-09-01 2023-08-31 543171 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 543171 2 2022-09-01 2023-08-31 543171 e:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 543171









C.CHASNEY LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
C.CHASNEY LIMITED
REGISTERED NUMBER: 543171

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,022
1,297

Current assets
  

Debtors: amounts falling due after more than one year
 5 
1,214,213
861,501

Debtors: amounts falling due within one year
 5 
1,308,435
1,284,068

Cash at bank and in hand
 6 
814,650
1,088,331

  
3,337,298
3,233,900

Creditors: amounts falling due within one year
 7 
(64,281)
(62,325)

Net current assets
  
 
 
3,273,017
 
 
3,171,575

  

Net assets
  
3,275,039
3,172,872


Capital and reserves
  

Called up share capital 
  
5,000
5,000

Profit and loss account
  
3,270,039
3,167,872

  
3,275,039
3,172,872


Page 1

 
C.CHASNEY LIMITED
REGISTERED NUMBER: 543171
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 March 2024.






Mr M Pettifer
Director

Page 2

 
C.CHASNEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

C.Chasney Limited is a company limited by shares, incorporated in England, United Kingdom. The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The principal activity was that of an investment company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
C.CHASNEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Furniture and equipment
-
10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance Sheet when the company becomes party to the contractual provisions of the instrument.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 4

 
C.CHASNEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Tangible fixed assets





Furniture and equipment

£



Cost or valuation


At 1 September 2022
2,367


Additions
949



At 31 August 2023

3,316



Depreciation


At 1 September 2022
1,070


Charge for the year on owned assets
224



At 31 August 2023

1,294



Net book value



At 31 August 2023
2,022



At 31 August 2022
1,297

Page 5

 
C.CHASNEY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Debtors

2023
2022
£
£

Due after more than one year

Other debtors
1,214,213
861,501


2023
2022
£
£

Due within one year

Other debtors
1,306,271
1,284,048

Prepayments and accrued income
2,164
20

1,308,435
1,284,068


Other debtors are secured against the assets for which the loans are given. Interest is charged on the loans and they are repayable over a fixed term. 


6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
814,650
1,088,331



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
60,605
51,038

Other taxation and social security
660
2,407

Other creditors
765
4,890

Accruals and deferred income
2,251
3,990

64,281
62,325


 
Page 6