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Company Registration No. 05489292 (England and Wales)
Chambers Management Limited Unaudited accounts for the year ended 30 June 2024
Chambers Management Limited Unaudited accounts Contents
Page
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Chambers Management Limited Company Information for the year ended 30 June 2024
Director
Hannah Chambers
Company Number
05489292 (England and Wales)
Registered Office
39-41 Parker Street Covent Garden London WC2B 5PQ England
Accountants
Blue Cube Accountants Limited 7 High Street Windsor SL4 1LD
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Chambers Management Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
62,789 
48,529 
Current assets
Debtors
1,620,976 
1,528,118 
Cash at bank and in hand
109,209 
115,169 
1,730,185 
1,643,287 
Creditors: amounts falling due within one year
(216,083)
(145,255)
Net current assets
1,514,102 
1,498,032 
Total assets less current liabilities
1,576,891 
1,546,561 
Provisions for liabilities
Deferred tax
(12,097)
(12,132)
Net assets
1,564,794 
1,534,429 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,564,793 
1,534,428 
Shareholders' funds
1,564,794 
1,534,429 
For the year ending 30 June 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 director acknowledges her 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 15 November 2024 and were signed on its behalf by
Hannah Chambers Director Company Registration No. 05489292
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Chambers Management Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Chambers Management Limited is a private company, limited by shares, registered in England and Wales, registration number 05489292. The registered office is 39-41 Parker Street, Covent Garden, London, WC2B 5PQ, England.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Land & buildings
10% straight Line
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. 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 taxation
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 by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
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Chambers Management Limited Notes to the Accounts for the year ended 30 June 2024
3
Tangible fixed assets
Land & buildings 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
- 
87,273 
60,684 
147,957 
Additions
14,399 
- 
12,757 
27,156 
At 30 June 2024
14,399 
87,273 
73,441 
175,113 
Depreciation
At 1 July 2023
- 
49,700 
49,728 
99,428 
Charge for the year
- 
9,393 
3,503 
12,896 
At 30 June 2024
- 
59,093 
53,231 
112,324 
Net book value
At 30 June 2024
14,399 
28,180 
20,210 
62,789 
At 30 June 2023
- 
37,573 
10,956 
48,529 
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,617,347 
1,523,868 
Accrued income and prepayments
3,629 
4,250 
1,620,976 
1,528,118 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
39,630 
45,179 
Trade creditors
- 
202 
Taxes and social security
102,022 
81,651 
Other creditors
1,400 
1,355 
Loans from directors
39,228 
16,496 
Accruals
33,803 
372 
216,083 
145,255 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Chambers Management Limited Notes to the Accounts for the year ended 30 June 2024
7
Transactions with related parties
Included in debtors is £150,000 (2023 - £150,000) owed from Chambers Comedy Collective Limited. This company is owned and controlled by the director. Included in debtors is £152,115 (2023 - £255,532) owed from Chambers Productions Limited. This company is owned by Chambers Comedy Collective Limited and is controlled by the director. Included in debtors is £1,315,231 (2023 - £1,118,335) owed from Chambers Touring Limited. This company is owned by Chambers Comedy Collective Limited and is controlled by the director. During the year £196,896 (2023 - £223,842) was charged to Chambers Touring Limited for staff costs and £96,583 (2023 - £55,532) was charged to Chambers Productions Limited for staff costs.
8
Controlling party
Chambers Comedy Collective Limited is the parent company. The registered office address and place of business is 39-41 Parker Street, London, England, WC2B 5PQ.
9
Average number of employees
During the year the average number of employees was 12 (2023: 11).
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