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Company Registration No. 12156370 (England and Wales)
Chrysalis Partners South Ltd Unaudited accounts for the year ended 31 August 2024
Chrysalis Partners South Ltd Unaudited accounts Contents
Page
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Chrysalis Partners South Ltd Company Information for the year ended 31 August 2024
Director
Graham Garman
Company Number
12156370 (England and Wales)
Registered Office
16 Quail Close Horsham West Sussex RH12 5ZJ United Kingdom
Accountants
DB Accountancy Ltd 15 Owlscastle Close Horsham West Sussex RH12 5YA
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Chrysalis Partners South Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
4,800 
Current assets
Debtors
572 
1,320 
Cash at bank and in hand
2,815 
13,654 
3,387 
14,974 
Creditors: amounts falling due within one year
(5,857)
(6,481)
Net current (liabilities)/assets
(2,470)
8,493 
Total assets less current liabilities
(2,470)
13,293 
Creditors: amounts falling due after more than one year
(17,072)
(31,710)
Net liabilities
(19,542)
(18,417)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(19,543)
(18,418)
Shareholders' funds
(19,542)
(18,417)
For the year ending 31 August 2024 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 21 October 2024 and were signed on its behalf by
Graham Garman Director Company Registration No. 12156370
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Chrysalis Partners South Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Chrysalis Partners South Ltd is a private company, limited by shares, registered in England and Wales, registration number 12156370. The registered office is 16 Quail Close, Horsham, West Sussex, RH12 5ZJ, United Kingdom.
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.
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
33% - Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
24,000 
At 31 August 2024
24,000 
Amortisation
At 1 September 2023
19,200 
Charge for the year
4,800 
At 31 August 2024
24,000 
Net book value
At 31 August 2024
- 
At 31 August 2023
4,800 
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Chrysalis Partners South Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
2,585 
At 31 August 2024
2,585 
Depreciation
At 1 September 2023
2,585 
At 31 August 2024
2,585 
Net book value
At 31 August 2024
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
343 
- 
Trade debtors
- 
1,320 
Accrued income and prepayments
229 
- 
572 
1,320 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,136 
4,410 
VAT
838 
989 
Trade creditors
- 
631 
Taxes and social security
9 
- 
Accruals
874 
451 
5,857 
6,481 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,531 
8,257 
Loans from directors
12,541 
23,453 
17,072 
31,710 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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