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REGISTERED NUMBER: 03764357 (England and Wales)















CHESS MAGAZINE HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023






CHESS MAGAZINE HOLDINGS LIMITED (REGISTERED NUMBER: 03764357)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


CHESS MAGAZINE HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr S J Lowe
Mr S M Taulbut





REGISTERED OFFICE: Fryern House
125 Winchester Road
Chandlers Ford
Hampshire
SO53 2DR





REGISTERED NUMBER: 03764357 (England and Wales)





ACCOUNTANTS: Rothmans CF Limited
Fryern House
125 Winchester Road
Chandlers Ford
Hampshire
SO53 2DR

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHESS MAGAZINE HOLDINGS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chess Magazine Holdings Limited for the year ended 31 October 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Chess Magazine Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chess Magazine Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Chess Magazine Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chess Magazine Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chess Magazine Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Chess Magazine Holdings Limited. You consider that Chess Magazine Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Chess Magazine Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans CF Limited
Fryern House
125 Winchester Road
Chandlers Ford
Hampshire
SO53 2DR


16 July 2024

CHESS MAGAZINE HOLDINGS LIMITED (REGISTERED NUMBER: 03764357)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £ £
CURRENT ASSETS
Cash at bank 203 203

CREDITORS
Amounts falling due within one year 5 135,447 135,447
NET CURRENT LIABILITIES (135,244 ) (135,244 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(135,244

)

(135,244

)

CAPITAL AND RESERVES
Called up share capital 71,110 71,110
Share premium 78,890 78,890
Capital redemption reserve 80,001 80,001
Retained earnings (365,245 ) (365,245 )
SHAREHOLDERS' FUNDS (135,244 ) (135,244 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2024 and were signed on its behalf by:





Mr S M Taulbut - Director


CHESS MAGAZINE HOLDINGS LIMITED (REGISTERED NUMBER: 03764357)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Chess Magazine Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03764357 and its registered office address is Fryern House, 125 Winchester Road, Chandlers Ford, Eastleigh, Hampshire, SO53 2DR.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is £ Sterling.

The company was dormant throughout the current year and previous year.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investments
Investments are included at cost less amounts written off. Profits or losses arising from disposals of fixed asset investments are treated as part of the result from ordinary activities.

Going concern
As the company has liabilities that exceed their assets, the company has required the financial support of its directors and fellow group companies to continue operating as a going concern through out the period. The directors have given their assurance that this support will continue into the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 November 2022
and 31 October 2023 240,121
PROVISIONS
At 1 November 2022
and 31 October 2023 240,121
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

CHESS MAGAZINE HOLDINGS LIMITED (REGISTERED NUMBER: 03764357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 1,893 1,893
Other creditors 72,054 72,054
Directors' current accounts 61,500 61,500
135,447 135,447

6. ULTIMATE CONTROLLING PARTY

The directors do not consider there to be an ultimate controlling party.