1 January 2023 false Taxfiler 2024.5 10506349business:PrivateLimitedCompanyLtd2023-01-012023-12-31 105063492022-12-31 105063492023-01-012023-12-31 10506349business:AuditExemptWithAccountantsReport2023-01-012023-12-31 10506349business:FilletedAccounts2023-01-012023-12-31 105063492023-12-31 10506349business:Director12023-01-012023-12-31 10506349business:CompanySecretary12023-01-012023-12-31 10506349business:RegisteredOffice2023-01-012023-12-31 105063492022-12-31 10506349core:WithinOneYear2023-12-31 10506349core:WithinOneYear2022-12-31 10506349core:AfterOneYear2023-12-31 10506349core:AfterOneYear2022-12-31 10506349core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10506349core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10506349core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10506349core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10506349core:PreviouslyStatedAmount2023-12-31 10506349core:PreviouslyStatedAmount2022-12-31 10506349business:SmallEntities2023-01-012023-12-31 10506349countries:EnglandWales2023-01-012023-12-31 10506349business:OrdinaryShareClass12023-01-012023-12-31 10506349business:OrdinaryShareClass12022-01-012022-12-31 105063492022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10506349 (England and Wales)
CHESS SUBSEA ENGINEERING EUROPE LTD Unaudited accounts for the year ended 31 December 2023
CHESS SUBSEA ENGINEERING EUROPE LTD Unaudited accounts Contents
Page
- 2 -
CHESS SUBSEA ENGINEERING EUROPE LTD Company Information for the year ended 31 December 2023
Director
Tamsira Jane Nwitua
Secretary
Nad Martin Nwitua
Company Number
10506349 (England and Wales)
Registered Office
International House 24 Holborn Viaduct London City Of London EC1A 2BN United Kingdom
Accountants
Aidhan and Partners Simply Accountants Ltd 8 Devonshire Square London EC2M 4PL
- 3 -
CHESS SUBSEA ENGINEERING EUROPE LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
3,426 
- 
Cash at bank and in hand
75,712 
88,573 
79,138 
88,573 
Creditors: amounts falling due within one year
(27,809)
(31,851)
Net current assets
51,329 
56,722 
Total assets less current liabilities
51,329 
56,722 
Creditors: amounts falling due after more than one year
(1,633)
(3,898)
Net assets
49,696 
52,824 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
49,596 
52,724 
Shareholders' funds
49,696 
52,824 
For the year ending 31 December 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 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 7 November 2024 and were signed on its behalf by
Tamsira Jane Nwitua Director Company Registration No. 10506349
- 4 -
CHESS SUBSEA ENGINEERING EUROPE LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
CHESS SUBSEA ENGINEERING EUROPE LTD is a private company, limited by shares, registered in England and Wales, registration number 10506349. The registered office is International House, 24 Holborn Viaduct, London, City Of London, EC1A 2BN, 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.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
3,426 
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,289 
- 
Taxes and social security
26,520 
7,253 
Other creditors
- 
20,002 
Loans from directors
- 
4,596 
27,809 
31,851 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,633 
3,898 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
- 5 -
CHESS SUBSEA ENGINEERING EUROPE LTD Notes to the Accounts for the year ended 31 December 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -