1 January 2023 false No description of principal activity Taxfiler 2024.5 10464824business:PrivateLimitedCompanyLtd2023-01-012023-12-31 104648242022-12-31 104648242023-01-012023-12-31 10464824business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 10464824business:FilletedAccounts2023-01-012023-12-31 104648242023-12-31 10464824business:Director12023-01-012023-12-31 10464824business:RegisteredOffice2023-01-012023-12-31 104648242022-12-31 10464824core:WithinOneYear2023-12-31 10464824core:WithinOneYear2022-12-31 10464824core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10464824core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10464824core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10464824core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10464824core:PreviouslyStatedAmount2023-12-31 10464824core:PreviouslyStatedAmount2022-12-31 10464824business:SmallEntities2023-01-012023-12-31 10464824countries:EnglandWales2023-01-012023-12-31 10464824core:LandBuildings2022-12-31 10464824core:PlantMachinery2022-12-31 10464824core:ComputerEquipment2022-12-31 10464824core:LandBuildings2023-01-012023-12-31 10464824core:PlantMachinery2023-01-012023-12-31 10464824core:ComputerEquipment2023-01-012023-12-31 10464824core:LandBuildings2023-12-31 10464824core:PlantMachinery2023-12-31 10464824core:ComputerEquipment2023-12-31 10464824core:AfterOneYear2023-12-31 10464824core:AfterOneYear2022-12-31 104648242022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10464824 (England and Wales)
Chancery Limited Amended Unaudited accounts for the year ended 31 December 2023
Chancery Limited Amended Unaudited accounts Contents
Page
- 2 -
Chancery Limited Company Information for the year ended 31 December 2023
Director
Sean Martin
Company Number
10464824 (England and Wales)
Registered Office
C/O The Pregnant Man 40 Chancery Lane London WC2A 1JA
Accountants
Addition Financial Limited Addition at 1 Lyric Square Hammersmith London W6 0NB
- 3 -
Chancery Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,423 
3,319 
Investments
240,039 
240,039 
249,462 
243,358 
Current assets
Inventories
15,888 
13,721 
Debtors
194,941 
36,249 
Cash at bank and in hand
- 
43,623 
210,829 
93,593 
Creditors: amounts falling due within one year
(415,250)
(324,157)
Net current liabilities
(204,421)
(230,564)
Net assets
45,041 
12,794 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
45,040 
12,793 
Shareholders' funds
45,041 
12,794 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2024 and were signed on its behalf by
Sean Martin Director Company Registration No. 10464824
- 4 -
Chancery Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Chancery Limited is a private company, limited by shares, registered in England and Wales, registration number 10464824. The registered office is C/O The Pregnant Man , 40 Chancery Lane, London, WC2A 1JA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard. These accounts replace the original accounts submitted and are now the Statutory Documents.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
- 
3,500 
1,098 
4,598 
Additions
7,744 
- 
- 
7,744 
Disposals
- 
(167)
- 
(167)
At 31 December 2023
7,744 
3,333 
1,098 
12,175 
Depreciation
At 1 January 2023
- 
1,004 
275 
1,279 
Charge for the year
999 
200 
274 
1,473 
At 31 December 2023
999 
1,204 
549 
2,752 
Net book value
At 31 December 2023
6,745 
2,129 
549 
9,423 
At 31 December 2022
- 
2,496 
823 
3,319 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
240,039 
Valuation at 31 December 2023
240,039 
- 5 -
Chancery Limited Notes to the Accounts for the year ended 31 December 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,151 
35,144 
Accrued income and prepayments
2,753 
1,105 
33,904 
36,249 
Amounts falling due after more than one year
Other debtors
161,037 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
158,838 
196,358 
VAT
38,080 
39,078 
Trade creditors
61,393 
103,799 
Taxes and social security
53,931 
- 
Other creditors
9,785 
13,688 
Loans from directors
- 
(141,996)
Accruals
93,223 
113,230 
415,250 
324,157 
8
Transactions with related parties
The amount of £161,037 has been included in other debtors in the form of a Directors loan
9
Average number of employees
During the year the average number of employees was 15 (2022: 15).
- 6 -