IRIS Accounts Production v24.2.0.383 03960346 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039603462023-03-31039603462024-03-31039603462023-04-012024-03-31039603462022-03-31039603462022-04-012023-03-31039603462023-03-3103960346ns15:EnglandWales2023-04-012024-03-3103960346ns14:PoundSterling2023-04-012024-03-3103960346ns10:Director12023-04-012024-03-3103960346ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103960346ns10:SmallEntities2023-04-012024-03-3103960346ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103960346ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103960346ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103960346ns10:AbridgedAccounts2023-04-012024-03-3103960346ns10:Director22023-04-012024-03-3103960346ns10:Director32023-04-012024-03-3103960346ns10:CompanySecretary12023-04-012024-03-3103960346ns10:RegisteredOffice2023-04-012024-03-3103960346ns5:CurrentFinancialInstruments2024-03-3103960346ns5:CurrentFinancialInstruments2023-03-3103960346ns5:ShareCapital2024-03-3103960346ns5:ShareCapital2023-03-3103960346ns5:SharePremium2024-03-3103960346ns5:SharePremium2023-03-3103960346ns5:CapitalRedemptionReserve2024-03-3103960346ns5:CapitalRedemptionReserve2023-03-3103960346ns5:RetainedEarningsAccumulatedLosses2024-03-3103960346ns5:RetainedEarningsAccumulatedLosses2023-03-3103960346ns5:ComputerEquipment2023-04-012024-03-31
REGISTERED NUMBER: 03960346 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Chandler Freight Limited

Chandler Freight Limited (Registered number: 03960346)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Chandler Freight Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr S R Nicolson
Mrs L M Wright
Mr R A Calcutt





SECRETARY: Mr L D Collins





REGISTERED OFFICE: Lyon House
Lyon Road
Romford
Essex
RM1 2BG





REGISTERED NUMBER: 03960346 (England and Wales)





ACCOUNTANTS: Burnbecks Limited
Chartered Certified Accountants
2B Haddo Street
Greenwich
London
SE10 9RN

Chandler Freight Limited (Registered number: 03960346)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,308 11,634

CURRENT ASSETS
Debtors 479,215 277,620
Cash at bank and in hand 413,099 538,736
892,314 816,356
CREDITORS
Amounts falling due within one year 406,845 323,618
NET CURRENT ASSETS 485,469 492,738
TOTAL ASSETS LESS CURRENT
LIABILITIES

494,777

504,372

PROVISIONS FOR LIABILITIES 2,327 2,908
NET ASSETS 492,450 501,464

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 3,327 3,327
Capital redemption reserve 75 75
Retained earnings 488,048 497,062
SHAREHOLDERS' FUNDS 492,450 501,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Chandler Freight Limited (Registered number: 03960346)

Abridged Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 May 2024 and were signed on its behalf by:





Mr S R Nicolson - Director


Chandler Freight Limited (Registered number: 03960346)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Chandler Freight 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.

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 represents net invoiced sales of services, excluding value added tax.


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 - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Chandler Freight Limited (Registered number: 03960346)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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.

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 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 25,559
DEPRECIATION
At 1 April 2023 13,925
Charge for year 2,326
At 31 March 2024 16,251
NET BOOK VALUE
At 31 March 2024 9,308
At 31 March 2023 11,634