Registered Number:04043017 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
Chancepride Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Chancepride Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
37,652
44,107
2
37,652
44,107
95,431
127,643
3
Trade and other receivables |
10,832
5,548
4
17,881
Cash and cash equivalents |
14,000
147,191
124,144
Trade and other payables: amounts falling due within one year |
(86,869)
(126,473)
5
37,275
20,718
Net current assets
Total assets less current liabilities |
58,370
81,382
Trade and other payables: amounts falling due after more than one year |
(26,667)
(16,667)
6
41,703
Net assets
54,715
20,000
20,000
21,703
34,715
41,703
54,715
Shareholders' funds
For the year ended 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 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 proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Jason Alan Jones Director |
These financial statements were approved and authorised for issue by the Board on 09 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Chancepride Limited
Notes to the Financial Statements
Statutory Information
Chancepride Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 04043017. |
Principal place of business: |
T/A United Carpets & Beds
96-98 Boothferry Road
Hull
HU4 6ER
C/O Johnson Walker
Horizon House
2 Whiting Street
Sheffield
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 31 March 2024
Chancepride Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Fixtures and fittings
Motor vehicles
Land and buildings
106,537
2,787
70,671
15,470
17,609
2,750
-
-
2,750
-
18,220
70,671
2,787
109,287
17,609
Provision for depreciation and impairment |
62,430
2,045
38,443
6,099
15,843
Charge for year
9,205
234
3,777
4,404
790
71,635
2,279
42,220
10,503
16,633
976
7,717
28,451
508
37,652
1,766
9,371
32,228
742
44,107
2023
2024
127,643
95,431
4. Trade and other receivables |
2023
2024
5,548
10,832
5. Trade and other payables: amounts falling due within one year |
2023
2024
10,000
10,000
59,263
52,095
Taxation and social security |
43,364
6,427
13,846
18,347
126,473
86,869
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For the year ended 31 March 2024
Chancepride Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
16,667
26,667
7. Average number of persons employed |
During the year the average number of employees was 5 (2023 : 6)
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