Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13878548 Miss N C Tennant iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13878548 2023-01-31 13878548 2024-01-31 13878548 2023-02-01 2024-01-31 13878548 frs-core:CurrentFinancialInstruments 2024-01-31 13878548 frs-core:PlantMachinery 2024-01-31 13878548 frs-core:PlantMachinery 2023-02-01 2024-01-31 13878548 frs-core:PlantMachinery 2023-01-31 13878548 frs-core:ShareCapital 2024-01-31 13878548 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13878548 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13878548 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13878548 frs-bus:SmallEntities 2023-02-01 2024-01-31 13878548 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13878548 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13878548 frs-bus:Director1 2023-02-01 2024-01-31 13878548 frs-countries:EnglandWales 2023-02-01 2024-01-31 13878548 2022-01-31 13878548 2023-01-31 13878548 2022-02-01 2023-01-31 13878548 frs-core:CurrentFinancialInstruments 2023-01-31 13878548 frs-core:ShareCapital 2023-01-31 13878548 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13878548
Chance Projects UK Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13878548
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,019 539
1,019 539
CURRENT ASSETS
Debtors 5 12,947 13,000
Cash at bank and in hand 41,934 4,954
54,881 17,954
Creditors: Amounts Falling Due Within One Year 6 (31,829 ) (25,634 )
NET CURRENT ASSETS (LIABILITIES) 23,052 (7,680 )
TOTAL ASSETS LESS CURRENT LIABILITIES 24,071 (7,141 )
NET ASSETS/(LIABILITIES) 24,071 (7,141 )
CAPITAL AND RESERVES
Called up share capital 1 1
Income Statement 24,070 (7,142 )
SHAREHOLDERS' FUNDS 24,071 (7,141)
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Miss N C Tennant
Director
30/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Chance Projects UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13878548 . The registered office is Office M-05, Millharbour Court, 6 Watergate Walk, London, E14 9XH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office equipment 25% straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Office equipment
£
Cost
As at 1 February 2023 581
Additions 705
As at 31 January 2024 1,286
Depreciation
As at 1 February 2023 42
Provided during the period 225
As at 31 January 2024 267
Net Book Value
As at 31 January 2024 1,019
As at 1 February 2023 539
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,900 10,500
Other debtors 3,047 2,500
12,947 13,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 26,463 25,634
Taxation and social security 5,366 -
31,829 25,634
Page 4