0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,322 1,570 188 1,758 564 752 xbrli:pure xbrli:shares iso4217:GBP 08334131 2023-01-01 2023-12-31 08334131 2023-12-31 08334131 2022-12-31 08334131 2022-01-01 2022-12-31 08334131 2022-12-31 08334131 2021-12-31 08334131 bus:Director1 2023-01-01 2023-12-31 08334131 core:WithinOneYear 2023-12-31 08334131 core:WithinOneYear 2022-12-31 08334131 core:ShareCapital 2023-12-31 08334131 core:ShareCapital 2022-12-31 08334131 core:RetainedEarningsAccumulatedLosses 2023-12-31 08334131 core:RetainedEarningsAccumulatedLosses 2022-12-31 08334131 bus:Director1 2022-12-31 08334131 bus:Director1 2023-12-31 08334131 bus:Director1 2021-12-31 08334131 bus:Director1 2022-12-31 08334131 bus:Director1 2022-01-01 2022-12-31 08334131 bus:SmallEntities 2023-01-01 2023-12-31 08334131 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08334131 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08334131 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08334131 bus:FullAccounts 2023-01-01 2023-12-31 08334131 core:OfficeEquipment 2023-01-01 2023-12-31 08334131 core:OfficeEquipment 2023-12-31 08334131 core:OfficeEquipment 2022-12-31
COMPANY REGISTRATION NUMBER: 08334131
Chris Weston Limited
Filleted Unaudited Financial Statements
31 December 2023
Chris Weston Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
4
564
752
Current assets
Debtors
5
766
Cash at bank and in hand
20,843
8,371
--------
-------
20,843
9,137
Creditors: amounts falling due within one year
6
9,709
723
--------
-------
Net current assets
11,134
8,414
--------
-------
Total assets less current liabilities
11,698
9,166
--------
-------
Net assets
11,698
9,166
--------
-------
Capital and reserves
Called up share capital
2
2
Profit and loss account
11,696
9,164
--------
-------
Shareholders funds
11,698
9,166
--------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 30 April 2024 , and are signed on behalf of the board by:
Mr C Weston
Director
Company registration number: 08334131
Chris Weston Limited
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 51 Medina Gardens, Bicester, Oxon, OX26 2XD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% reducing balance
4. Tangible assets
Equipment
Total
£
£
Cost
At 1 January 2023 and 31 December 2023
2,322
2,322
-------
-------
Depreciation
At 1 January 2023
1,570
1,570
Charge for the year
188
188
-------
-------
At 31 December 2023
1,758
1,758
-------
-------
Carrying amount
At 31 December 2023
564
564
-------
-------
At 31 December 2022
752
752
-------
-------
5. Debtors
2023
2022
£
£
Other debtors
766
----
----
6. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
1,107
Other creditors
8,602
723
-------
----
9,709
723
-------
----
7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr C Weston
( 123)
1,223
( 9,102)
( 8,002)
----
-------
-------
-------
2022
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr C Weston
( 598)
15,475
( 15,000)
( 123)
----
--------
--------
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