IRIS Accounts Production v24.3.2.46 09010997 director 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090109972023-03-31090109972024-03-31090109972023-04-012024-03-31090109972022-03-31090109972022-04-012023-03-31090109972023-03-3109010997ns15:EnglandWales2023-04-012024-03-3109010997ns14:PoundSterling2023-04-012024-03-3109010997ns10:Director12023-04-012024-03-3109010997ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109010997ns10:SmallEntities2023-04-012024-03-3109010997ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109010997ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109010997ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109010997ns10:FullAccounts2023-04-012024-03-310901099712023-04-012024-03-3109010997ns10:RegisteredOffice2023-04-012024-03-3109010997ns5:CurrentFinancialInstruments2024-03-3109010997ns5:CurrentFinancialInstruments2023-03-3109010997ns5:Non-currentFinancialInstruments2024-03-3109010997ns5:Non-currentFinancialInstruments2023-03-3109010997ns5:ShareCapital2024-03-3109010997ns5:ShareCapital2023-03-3109010997ns5:RetainedEarningsAccumulatedLosses2024-03-3109010997ns5:RetainedEarningsAccumulatedLosses2023-03-3109010997ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3109010997ns5:ComputerSoftware2023-04-012024-03-3109010997ns5:PlantMachinery2023-04-012024-03-3109010997ns5:IntangibleAssetsOtherThanGoodwill2023-03-3109010997ns5:IntangibleAssetsOtherThanGoodwill2024-03-3109010997ns5:IntangibleAssetsOtherThanGoodwill2023-03-3109010997ns5:PlantMachinery2023-03-3109010997ns5:PlantMachinery2024-03-3109010997ns5:PlantMachinery2023-03-3109010997ns5:CostValuation2023-03-3109010997ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109010997ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 09010997 (England and Wales)









CHAPMAN TATE ASSOCIATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CHAPMAN TATE ASSOCIATES LIMITED (REGISTERED NUMBER: 09010997)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHAPMAN TATE ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: A Shields





REGISTERED OFFICE: 9-11 Vittoria Street
Birmingham
West Midlands
B1 3ND





REGISTERED NUMBER: 09010997 (England and Wales)





ACCOUNTANTS: UHY Hacker Young (Bham) LLP
9-11 Vittoria Street
Birmingham
B1 3ND

CHAPMAN TATE ASSOCIATES LIMITED (REGISTERED NUMBER: 09010997)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 229 287
Tangible assets 5 44,814 59,438
Investments 6 16,000 16,000
61,043 75,725

CURRENT ASSETS
Debtors 7 254,131 178,129
Cash at bank - 50,393
254,131 228,522
CREDITORS
Amounts falling due within one year 8 261,703 157,518
NET CURRENT (LIABILITIES)/ASSETS (7,572 ) 71,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,471

146,729

CREDITORS
Amounts falling due after more than
one year

9

83,245

140,179
NET (LIABILITIES)/ASSETS (29,774 ) 6,550

CHAPMAN TATE ASSOCIATES LIMITED (REGISTERED NUMBER: 09010997)

BALANCE SHEET - continued
31 MARCH 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings (29,878 ) 6,446
SHAREHOLDERS' FUNDS (29,774 ) 6,550

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





A Shields - Director


CHAPMAN TATE ASSOCIATES LIMITED (REGISTERED NUMBER: 09010997)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Chapman Tate Associates 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.

The presentational and functional currency of these financial statements is sterling. All amounts in the financial statements have been rounded to the nearest £1.

Measurement convention
The financial statements are prepared on the historical cost basis except in the instance where assets and liabilities are stated at their fair value.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they have adopted the going concern basis of accounting in preparing these financial statements.

Basic financial instruments

Trade and other debtors / creditors

Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of instrument for a similar debt instrument.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances and call deposits.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

CHAPMAN TATE ASSOCIATES LIMITED (REGISTERED NUMBER: 09010997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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 etc - 33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Taxation
Tax on the profit or loss for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or other income, in which case it is recognised directly in equity or other income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date.

Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.

Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet date.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that is it probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 12 ) .

CHAPMAN TATE ASSOCIATES LIMITED (REGISTERED NUMBER: 09010997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 3,500
AMORTISATION
At 1 April 2023 3,213
Charge for year 58
At 31 March 2024 3,271
NET BOOK VALUE
At 31 March 2024 229
At 31 March 2023 287

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 105,037
Additions 527
At 31 March 2024 105,564
DEPRECIATION
At 1 April 2023 45,599
Charge for year 15,151
At 31 March 2024 60,750
NET BOOK VALUE
At 31 March 2024 44,814
At 31 March 2023 59,438

CHAPMAN TATE ASSOCIATES LIMITED (REGISTERED NUMBER: 09010997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 16,000
NET BOOK VALUE
At 31 March 2024 16,000
At 31 March 2023 16,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 196,575 130,330
Other debtors 57,556 47,799
254,131 178,129

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,527 -
Hire purchase contracts 8,435 8,435
Trade creditors 92,505 48,527
Taxation and social security 69,717 42,260
Other creditors 87,519 58,296
261,703 157,518

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 35,245 43,679
Other creditors 48,000 96,500
83,245 140,179

Amounts falling due in more than five years:

Repayable otherwise than by instalments
CBI Loan 48,000 96,500