2022-10-30 03273848 2023-10-29 03273848 2022-10-30 2023-10-29 03273848 2022-10-29 03273848 2021-10-30 2022-10-29 03273848 uk-core:WithinOneYear 2022-10-29 03273848 uk-core:WithinOneYear 2023-10-29 03273848 uk-core:ShareCapital 2023-10-29 03273848 uk-core:ShareCapital 2022-10-29 03273848 uk-core:RetainedEarningsAccumulatedLosses 2023-10-29 03273848 uk-core:RetainedEarningsAccumulatedLosses 2022-10-29 03273848 uk-bus:Director1 2022-10-30 2023-10-29 03273848 uk-core:OfficeEquipment 2022-10-30 2023-10-29 03273848 uk-core:OfficeEquipment 2022-10-29 03273848 uk-core:MotorVehicles 2022-10-29 03273848 uk-core:Buildings 2022-10-29 03273848 uk-core:MotorVehicles 2022-10-30 2023-10-29 03273848 uk-core:Buildings 2022-10-30 2023-10-29 03273848 uk-core:Buildings 2023-10-29 03273848 uk-core:MotorVehicles 2023-10-29 03273848 uk-core:OfficeEquipment 2023-10-29 iso4217:GBP xbrli:pure 03273848 uk-bus:AuditExemptWithAccountantsReport 2022-10-30 2023-10-29 03273848 uk-bus:FRS102 2022-10-30 2023-10-29 03273848 uk-bus:FilletedAccounts 2022-10-30 2023-10-29 03273848 uk-bus:PrivateLimitedCompanyLtd 2022-10-30 2023-10-29
CHAINBOX TECHNOLOGY LTD
Registered Number:03273848
For the year ended 29 October 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 29 October 2023
CHAINBOX TECHNOLOGY LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03273848
As at 29 October 2023
CHAINBOX TECHNOLOGY LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
487,456
495,768
2
487,456
495,768
Current assets
Trade and other receivables
1,455,497
1,775,767
3
1,877,916
Cash and cash equivalents
1,782,759
3,558,526
3,333,413
Trade and other payables: amounts falling due within one
year
(645,787)
(805,192)
4
2,687,626
2,753,334
Net current assets
Total assets less current liabilities
3,240,790
3,183,394
3,240,790
Net assets
3,183,394
Capital and reserves
Called up share capital
12
12
Retained earnings
3,240,778
3,183,382
3,240,790
3,183,394
Shareholders' funds
For the year ended 29 October 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 of its financial statements for the year ended 29 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Terry Frank Joel Spurling Director
These financial statements were approved and authorised for issue by the Board on 21 October 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 29 October 2023
CHAINBOX TECHNOLOGY LTD
Notes to the Financial Statements
Statutory Information
CHAINBOX TECHNOLOGY LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03273848.
Registered address:
Unit 9, 97/101 Peregrine Road
Hainault Business Park
Essex
IG6 3XH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20 Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Land and
buildings
£
£
£
£
Cost or
valuation
At 30 October 2022
508,118
12,399
84,640
411,079
-
(8,300)
-
Disposals
(8,300)
At 29 October 2023
411,079
76,340
12,399
499,818
Provision for depreciation and impairment
At 30 October 2022
12,350
12,350
-
-
Charge for year
12
12
-
-
At 29 October 2023
12,362
12,362
-
-
At 29 October 2023
Net book value
411,079
76,340
37
487,456
At 29 October 2022
411,079
84,640
49
495,768
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5
For the year ended 29 October 2023
CHAINBOX TECHNOLOGY LTD
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Other debtors
1,775,767
1,455,497
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
331,145
241,796
Taxation and social security
412,761
393,991
Other creditors
61,286
10,000
805,192
645,787
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
3 of 3