Company Registration No. 12169179 (England and Wales)
CHESS ENGLAND LIMITED
Unaudited accounts
for the year ended 31 August 2024
CHESS ENGLAND LIMITED
Unaudited accounts
Contents
CHESS ENGLAND LIMITED
Company Information
for the year ended 31 August 2024
Directors
Adam Raoof
Joann Durrant
Company Number
12169179 (England and Wales)
Registered Office
328 Watford Way
Hendon
London
NW4 4UY
United Kingdom
Accountants
Merry Accountancy Services Ltd
6 Downing Drive
Great Barton
Bury St Edmunds
Suffolk
IP31 2RP
CHESS ENGLAND LIMITED
Statement of financial position
as at 31 August 2024
Intangible assets
16,000
18,000
Cash at bank and in hand
2,363
8,313
Creditors: amounts falling due within one year
(6,660)
(14,601)
Net current liabilities
(4,297)
(6,288)
Called up share capital
100
100
Profit and loss account
14,255
11,781
Shareholders' funds
14,355
11,881
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 directors acknowledge their 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 of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by
Adam Raoof
Director
Company Registration No. 12169179
CHESS ENGLAND LIMITED
Notes to the Accounts
for the year ended 31 August 2024
CHESS ENGLAND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12169179. The registered office is 328 Watford Way, Hendon, London, NW4 4UY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
25% Reducing Balance
4
Intangible fixed assets
Goodwill
At 1 September 2023
24,000
CHESS ENGLAND LIMITED
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
-
177
177
At 31 August 2024
2,376
726
3,102
Charge for the year
328
114
442
At 31 August 2024
328
122
450
At 31 August 2024
2,048
604
2,652
At 31 August 2023
-
169
169
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,337
2,019
Loans from directors
548
10,074
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).