IRIS Accounts Production v24.1.0.578 SC748065 director 21.10.22 31.10.23 31.10.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC7480652022-10-20SC7480652023-10-31SC7480652022-10-212023-10-31SC7480652022-10-20SC748065ns15:Scotland2022-10-212023-10-31SC748065ns14:PoundSterling2022-10-212023-10-31SC748065ns10:Director12022-10-212023-10-31SC748065ns10:PrivateLimitedCompanyLtd2022-10-212023-10-31SC748065ns10:SmallEntities2022-10-212023-10-31SC748065ns10:AuditExempt-NoAccountantsReport2022-10-212023-10-31SC748065ns10:SmallCompaniesRegimeForAccounts2022-10-212023-10-31SC748065ns10:FullAccounts2022-10-212023-10-31SC748065ns10:RegisteredOffice2022-10-212023-10-31SC748065ns5:CurrentFinancialInstruments2023-10-31SC748065ns5:ShareCapital2023-10-31SC748065ns5:RetainedEarningsAccumulatedLosses2023-10-31SC748065ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-31
REGISTERED NUMBER: SC748065 (Scotland)


















Unaudited Financial Statements

for the Period

21 October 2022 to 31 October 2023

for

Chronos Controls Limited

Chronos Controls Limited (Registered number: SC748065)






Contents of the Financial Statements
for the Period 21 October 2022 to 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Chronos Controls Limited

Company Information
for the Period 21 October 2022 to 31 October 2023







DIRECTOR: P Callaghan





REGISTERED OFFICE: 26 Waverley Avenue
Helensburgh
G84 7JU





REGISTERED NUMBER: SC748065 (Scotland)





ACCOUNTANTS: Macleod Fulton
Scottcourt House
West Princes Street
Helensburgh
Argyll & Bute
G84 8BP

Chronos Controls Limited (Registered number: SC748065)

Balance Sheet
31 October 2023

Notes £   
CURRENT ASSETS
Debtors 4 9,472
Cash at bank 383
9,855
CREDITORS
Amounts falling due within one year 5 9,780
NET CURRENT ASSETS 75
TOTAL ASSETS LESS CURRENT
LIABILITIES

75

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 74
75

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 20 September 2024 and were signed by:





P Callaghan - Director


Chronos Controls Limited (Registered number: SC748065)

Notes to the Financial Statements
for the Period 21 October 2022 to 31 October 2023

1. STATUTORY INFORMATION

Chronos Controls Limited is a private company, limited by shares , registered in Scotland. 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.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 9,472

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 8,880
Other creditors 900
9,780

6. CONTINGENT LIABILITIES

As at 31 October 2023 the company had no contingent liabilities.

Chronos Controls Limited (Registered number: SC748065)

Notes to the Financial Statements - continued
for the Period 21 October 2022 to 31 October 2023

7. CAPITAL COMMITMENTS

As at 31 October 2023 the company had no capital commitments.

8. RELATED PARTY DISCLOSURES

As at 31 October 2023 included within other debtors is a balance due from the director, amounting to £9,472. This balance has no fixed repayment date and no interest is charged thereon.