Company Registration No. 07755165 (England and Wales)
Chase Accountants Limited
Unaudited accounts
for the year ended 31 August 2024
Chase Accountants Limited
Unaudited accounts
Contents
Chase Accountants Limited
Company Information
for the year ended 31 August 2024
Company Number
07755165 (England and Wales)
Registered Office
Unit 57, Basepoint Business Centre
70-72 The Havens
Ipswich
Suffolk
IP3 9BF
UK
Accountants
CHASE Accountants Limited
8 Mayfly Close
Ipswich
Suffolk
IP8 3UE
Chase Accountants Limited
Statement of financial position
as at 31 August 2024
Tangible assets
17,729
9,661
Cash at bank and in hand
240
178
Creditors: amounts falling due within one year
(16,381)
(17,944)
Net current liabilities
(7,393)
(10,297)
Total assets less current liabilities
10,336
(636)
Creditors: amounts falling due after more than one year
(9,310)
(472)
Net assets/(liabilities)
1,026
(1,108)
Called up share capital
100
100
Profit and loss account
926
(1,208)
Shareholders' funds
1,026
(1,108)
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 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 16 January 2025 and were signed on its behalf by
Clair Munro
Director
Company Registration No. 07755165
Chase Accountants Limited
Notes to the Accounts
for the year ended 31 August 2024
Chase Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 07755165. The registered office is Unit 57, Basepoint Business Centre, 70-72 The Havens, Ipswich, Suffolk, IP3 9BF, UK.
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:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
15,536
565
16,101
At 31 August 2024
25,536
565
26,101
At 1 September 2023
6,214
226
6,440
Charge for the year
1,864
68
1,932
At 31 August 2024
8,078
294
8,372
At 31 August 2024
17,458
271
17,729
At 31 August 2023
9,322
339
9,661
Amounts falling due after more than one year
Chase Accountants Limited
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,117
10,220
Trade creditors
1,087
2,768
Taxes and social security
2,607
4,956
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
3,696
472
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).