Company Registration No. 13480880 (England and Wales)
Chase Hospitality Limited
Unaudited accounts
for the year ended 31 March 2024
Chase Hospitality Limited
Unaudited accounts
Contents
Chase Hospitality Limited
Company Information
for the year ended 31 March 2024
Directors
Mr Paul Michael Chase
Mrs Sylvia Debra Chase
Company Number
13480880 (England and Wales)
Registered Office
3 HASLEMERE WAY
BANBURY
OX16 5TY
ENGLAND
Chase Hospitality Limited
Statement of financial position
as at 31 March 2024
Tangible assets
1,417
1,325
Cash at bank and in hand
2,188
12,879
Creditors: amounts falling due within one year
(15,547)
(10,001)
Net current assets
2,125
7,607
Total assets less current liabilities
3,542
8,932
Provisions for liabilities
Profit and loss account
3,174
8,581
Shareholders' funds
3,274
8,681
For the year ending 31 March 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 2 August 2024 and were signed on its behalf by
Mr Paul Michael Chase
Director
Company Registration No. 13480880
Chase Hospitality Limited
Notes to the Accounts
for the year ended 31 March 2024
Chase Hospitality Limited is a private company, limited by shares, registered in England and Wales, registration number 13480880. The registered office is 3 HASLEMERE WAY, BANBURY, OX16 5TY, ENGLAND.
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.
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:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,022
726
1,748
At 31 March 2024
1,121
966
2,087
At 1 April 2023
284
139
423
Charge for the year
123
124
247
At 31 March 2024
407
263
670
At 31 March 2024
714
703
1,417
At 31 March 2023
738
587
1,325
Chase Hospitality Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
15,040
4,301
Accrued income and prepayments
444
395
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,668
6,083
Loans from directors
334
(46)
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Average number of employees
During the year the average number of employees was 7 (2023: 7).