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REGISTERED NUMBER: 06989033 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Chetham House Limited

Chetham House Limited (Registered number: 06989033)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Chetham House Limited

Company Information
for the Year Ended 31 December 2023







Directors: Mr R J Hardstaff
Mrs S A Lewin





Registered office: Unit 13 Bamford Business Park
Hibbert Street
Stockport
Cheshire
SK4 1PL





Registered number: 06989033 (England and Wales)





Accountants: Allen Mills Howard & Co
Chartered Certified Accountants
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Chetham House 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 Chetham House Limited for the year ended 31 December 2023 which comprise the Statement of Income and Retained Earnings, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Chetham House 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 Chetham House Limited and state those matters that we have agreed to state to the Board of Directors of Chetham House Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chetham House 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 Chetham House Limited. You consider that Chetham House 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 Chetham House 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.






Allen Mills Howard & Co
Chartered Certified Accountants
Library Chambers
48 Union Street
Hyde
Cheshire
SK14 1ND


31 July 2024

Chetham House Limited (Registered number: 06989033)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 115,498 145,628
Tangible assets 5 589,282 722,757
Investments 6 100 100
704,880 868,485

Current assets
Stocks 318,800 340,000
Debtors 7 1,193,470 869,949
Cash at bank and in hand 523,999 433,096
2,036,269 1,643,045
Creditors
Amounts falling due within one year 8 1,616,756 1,442,518
Net current assets 419,513 200,527
Total assets less current liabilities 1,124,393 1,069,012

Creditors
Amounts falling due after more than one
year

9

(610,584

)

(758,401

)

Provisions for liabilities (145,187 ) (137,324 )
Net assets 368,622 173,287

Capital and reserves
Called up share capital 10 2,750 2,750
Retained earnings 365,872 170,537
Shareholders' funds 368,622 173,287

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Chetham House Limited (Registered number: 06989033)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





Mr R J Hardstaff - Director


Chetham House Limited (Registered number: 06989033)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

Chetham House Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of two years.

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the
Company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 33% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


Chetham House Limited (Registered number: 06989033)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 55 (2022 - 56 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 January 2023
and 31 December 2023 175,650
Amortisation
At 1 January 2023 30,022
Charge for year 30,130
At 31 December 2023 60,152
Net book value
At 31 December 2023 115,498
At 31 December 2022 145,628

Chetham House Limited (Registered number: 06989033)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. Tangible fixed assets
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 January 2023 32,953 1,415,670 38,258 66,722 1,553,603
Additions - 94,209 - 13,831 108,040
Disposals - (30,653 ) - - (30,653 )
At 31 December 2023 32,953 1,479,226 38,258 80,553 1,630,990
Depreciation
At 1 January 2023 15,732 725,370 30,544 59,200 830,846
Charge for year 8,687 226,282 2,326 4,220 241,515
Eliminated on disposal - (30,653 ) - - (30,653 )
At 31 December 2023 24,419 920,999 32,870 63,420 1,041,708
Net book value
At 31 December 2023 8,534 558,227 5,388 17,133 589,282
At 31 December 2022 17,221 690,300 7,714 7,522 722,757

6. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 January 2023
and 31 December 2023 100
Net book value
At 31 December 2023 100
At 31 December 2022 100

7. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 970,011 732,353
Other debtors 223,459 137,596
1,193,470 869,949

Chetham House Limited (Registered number: 06989033)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. Creditors: amounts falling due within one year
2023 2022
£    £   
Hire purchase contracts 194,690 166,618
Trade creditors 686,562 698,991
Taxation and social security 593,422 425,356
Other creditors 142,082 151,553
1,616,756 1,442,518

9. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Hire purchase contracts 430,155 541,306
Other creditors 180,429 217,095
610,584 758,401

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2,750 Ordinary shares 1 2,750 2,750

11. Controlling party

The controlling party is SFT Group Ltd (10976603).

The ultimate controlling party is S F Taylor Holdings Ltd (13957643).