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REGISTERED NUMBER: 04512553 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CHEMAGILITY LTD

CHEMAGILITY LTD (REGISTERED NUMBER: 04512553)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHEMAGILITY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2023







DIRECTORS: D R Brown
N P Mitchell





SECRETARY: D R Brown





REGISTERED OFFICE: Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX





REGISTERED NUMBER: 04512553 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

CHEMAGILITY LTD (REGISTERED NUMBER: 04512553)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,335 -

CURRENT ASSETS
Debtors 5 10,524 25,437
Cash at bank 40,254 45,791
50,778 71,228
CREDITORS
Amounts falling due within one year 6 28,720 40,825
NET CURRENT ASSETS 22,058 30,403
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,393

30,403

PROVISIONS FOR LIABILITIES 254 -
NET ASSETS 23,139 30,403

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 23,137 30,401
SHAREHOLDERS' FUNDS 23,139 30,403

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.

CHEMAGILITY LTD (REGISTERED NUMBER: 04512553)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





D R Brown - Director


CHEMAGILITY LTD (REGISTERED NUMBER: 04512553)

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


1. STATUTORY INFORMATION

Chemagility Ltd 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023 540
Additions 2,002
At 31 December 2023 2,542
DEPRECIATION
At 1 January 2023 540
Charge for year 667
At 31 December 2023 1,207
NET BOOK VALUE
At 31 December 2023 1,335
At 31 December 2022 -

CHEMAGILITY LTD (REGISTERED NUMBER: 04512553)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,899 24,943
Other debtors 625 494
10,524 25,437

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 617 493
Taxation and social security 5,212 6,883
Other creditors 22,891 33,449
28,720 40,825