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
Chancery Limited
Company Information
for the year ended 31 December 2023
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
Chancery Limited
Statement of financial position
as at 31 December 2023
Tangible assets
9,423
3,319
Investments
240,039
240,039
Cash at bank and in hand
-
43,623
Creditors: amounts falling due within one year
(415,250)
(324,157)
Net current liabilities
(204,421)
(230,564)
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
Chancery Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
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
At 31 December 2023
7,744
3,333
1,098
12,175
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
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
Chancery Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
31,151
35,144
Accrued income and prepayments
2,753
1,105
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
158,838
196,358
Trade creditors
61,393
103,799
Taxes and social security
53,931
-
Other creditors
9,785
13,688
Loans from directors
-
(141,996)
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).