IRIS Accounts Production v24.3.0.553 03515285 Board of Directors 1.3.23 29.2.24 29.2.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035152852023-02-28035152852024-02-29035152852023-03-012024-02-29035152852022-02-28035152852022-03-012023-02-28035152852023-02-2803515285ns15:EnglandWales2023-03-012024-02-2903515285ns14:PoundSterling2023-03-012024-02-2903515285ns10:Director12023-03-012024-02-2903515285ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2903515285ns10:SmallEntities2023-03-012024-02-2903515285ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2903515285ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2903515285ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2903515285ns10:FullAccounts2023-03-012024-02-2903515285ns10:Director22023-03-012024-02-2903515285ns10:CompanySecretary12023-03-012024-02-2903515285ns10:RegisteredOffice2023-03-012024-02-2903515285ns5:CurrentFinancialInstruments2024-02-2903515285ns5:CurrentFinancialInstruments2023-02-2803515285ns5:ShareCapital2024-02-2903515285ns5:ShareCapital2023-02-2803515285ns5:RetainedEarningsAccumulatedLosses2024-02-2903515285ns5:RetainedEarningsAccumulatedLosses2023-02-2803515285ns5:PlantMachinery2023-03-012024-02-2903515285ns5:ComputerEquipment2023-03-012024-02-2903515285ns5:PlantMachinery2023-02-2803515285ns5:ComputerEquipment2023-02-2803515285ns5:PlantMachinery2024-02-2903515285ns5:ComputerEquipment2024-02-2903515285ns5:PlantMachinery2023-02-2803515285ns5:ComputerEquipment2023-02-2803515285ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2903515285ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28035152851ns10:Director12023-02-28035152851ns10:Director12022-02-28035152851ns10:Director12023-03-012024-02-29035152851ns10:Director12022-03-012023-02-28035152851ns10:Director12024-02-29035152851ns10:Director12023-02-28
REGISTERED NUMBER: 03515285 (England and Wales)












Chris Needham Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024






Chris Needham Limited (Registered number: 03515285)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Chris Needham Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: C Needham
J Needham





SECRETARY: J Needham





REGISTERED OFFICE: 8a Wingbury Courtyard
Business Village
Leighton Road
Wingrave
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: 03515285 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Chris Needham Limited (Registered number: 03515285)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,611 327

CURRENT ASSETS
Debtors 5 28,395 20,233
Cash at bank 2,160 9,610
30,555 29,843
CREDITORS
Amounts falling due within one year 6 32,126 18,134
NET CURRENT (LIABILITIES)/ASSETS (1,571 ) 11,709
TOTAL ASSETS LESS CURRENT
LIABILITIES

40

12,036

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 38 12,034
SHAREHOLDERS' FUNDS 40 12,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Chris Needham Limited (Registered number: 03515285)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by:





C Needham - Director


Chris Needham Limited (Registered number: 03515285)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Chris Needham Limited is a private company, limited by shares , registered in England and Wales. 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 represents net invoiced sales of services excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33.33% straight line
Computer equipment - 33.33% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

Pension costs and other post-retirement benefits
The pension costs charged in the financial statements represent the contributions payable by the company for the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Chris Needham Limited (Registered number: 03515285)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2023 2,715 14,072 16,787
Additions - 2,416 2,416
At 29 February 2024 2,715 16,488 19,203
DEPRECIATION
At 1 March 2023 2,715 13,745 16,460
Charge for year - 1,132 1,132
At 29 February 2024 2,715 14,877 17,592
NET BOOK VALUE
At 29 February 2024 - 1,611 1,611
At 28 February 2023 - 327 327

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,015 12,480
Other debtors 13,380 7,753
28,395 20,233

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 31,636 17,672
Other creditors 490 462
32,126 18,134

Chris Needham Limited (Registered number: 03515285)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
C Needham
Balance outstanding at start of year 4,282 6,911
Amounts advanced 5,761 -
Amounts repaid - (2,629 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,043 4,282