Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity87truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04891726 2023-01-01 2023-12-31 04891726 2022-01-01 2022-12-31 04891726 2023-12-31 04891726 2022-12-31 04891726 c:Director1 2023-01-01 2023-12-31 04891726 d:PlantMachinery 2023-01-01 2023-12-31 04891726 d:PlantMachinery 2023-12-31 04891726 d:PlantMachinery 2022-12-31 04891726 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04891726 d:MotorVehicles 2023-01-01 2023-12-31 04891726 d:MotorVehicles 2023-12-31 04891726 d:MotorVehicles 2022-12-31 04891726 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04891726 d:FurnitureFittings 2023-01-01 2023-12-31 04891726 d:FurnitureFittings 2023-12-31 04891726 d:FurnitureFittings 2022-12-31 04891726 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04891726 d:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 04891726 d:OtherPropertyPlantEquipment 2023-12-31 04891726 d:OtherPropertyPlantEquipment 2022-12-31 04891726 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04891726 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04891726 d:Goodwill 2023-12-31 04891726 d:Goodwill 2022-12-31 04891726 d:CurrentFinancialInstruments 2023-12-31 04891726 d:CurrentFinancialInstruments 2022-12-31 04891726 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04891726 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04891726 d:ShareCapital 2023-12-31 04891726 d:ShareCapital 2022-12-31 04891726 d:RetainedEarningsAccumulatedLosses 2023-12-31 04891726 d:RetainedEarningsAccumulatedLosses 2022-12-31 04891726 c:FRS102 2023-01-01 2023-12-31 04891726 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04891726 c:FullAccounts 2023-01-01 2023-12-31 04891726 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04891726 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 04891726







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED






































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CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED
REGISTERED NUMBER:04891726



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
32,409
41,515

  
32,409
41,515

Current assets
  

Debtors: amounts falling due within one year
 6 
164,804
272,517

Cash at bank and in hand
  
259,397
265,008

  
424,201
537,525

Creditors: amounts falling due within one year
 7 
(63,640)
(182,130)

Net current assets
  
 
 
360,561
 
 
355,395

Total assets less current liabilities
  
392,970
396,910

  

Net assets
  
392,970
396,910


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
391,970
395,910

  
392,970
396,910


Page 1

 


CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED
REGISTERED NUMBER:04891726


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 income and retained earnings 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 1 August 2024.




D J Murray
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED
 


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

1.


General information

Chandlers Independent Estate Agents 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

 
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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED
 


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

2.Accounting policies (continued)

 
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 reporting date in the countries where the Company operates and generates income.

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25% on cost and 15% on cost

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.

 
2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2022 - 7).

Page 4

 


CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED
 


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

4.


Intangible assets




Goodwill

£



Cost


At 1 January 2023
324,879



At 31 December 2023

324,879



Amortisation


At 1 January 2023
324,879



At 31 December 2023

324,879



Net book value



At 31 December 2023
-



At 31 December 2022
-



Page 5

 


CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED
 


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

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Other fixed assets
Total

£
£
£
£
£



Cost or valuation


At 1 January 2023
70,951
61,802
21,659
441
154,853


Additions
-
-
5,517
-
5,517



At 31 December 2023

70,951
61,802
27,176
441
160,370



Depreciation


At 1 January 2023
70,134
24,954
18,250
-
113,338


Charge for the year on owned assets
817
12,634
1,172
-
14,623



At 31 December 2023

70,951
37,588
19,422
-
127,961



Net book value



At 31 December 2023
-
24,214
7,754
441
32,409



At 31 December 2022
817
36,848
3,409
441
41,515


6.


Debtors

2023
2022
£
£


Trade debtors
63,476
169,501

Amounts owed by connected undertakings
101,328
101,328

Other debtors
-
1,688

164,804
272,517


Page 6

 


CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED
 


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

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
7,195
26,173

Corporation tax
17,217
39,366

Other taxation and social security
20,152
17,283

Other creditors
16,076
97,308

Accruals and deferred income
3,000
2,000

63,640
182,130



8.


Related party transactions

Included within creditors amounts falling due within one year is an amount of £16,076 (2022: £97,058) payable to the director of the company. This balance is free of interest and repayable on demand.

 
Page 7