1 September 2023 false No description of principal activity Taxfiler 2024.6 07755165business:PrivateLimitedCompanyLtd2023-09-012024-08-31 077551652023-08-31 077551652023-09-012024-08-31 07755165business:AuditExemptWithAccountantsReport2023-09-012024-08-31 07755165business:FilletedAccounts2023-09-012024-08-31 077551652024-08-31 07755165business:Director12023-09-012024-08-31 07755165business:RegisteredOffice2023-09-012024-08-31 077551652023-08-31 07755165core:WithinOneYear2024-08-31 07755165core:WithinOneYear2023-08-31 07755165core:AfterOneYear2024-08-31 07755165core:AfterOneYear2023-08-31 07755165core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 07755165core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 07755165core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 07755165core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 07755165core:PreviouslyStatedAmount2024-08-31 07755165core:PreviouslyStatedAmount2023-08-31 07755165business:SmallEntities2023-09-012024-08-31 07755165countries:EnglandWales2023-09-012024-08-31 07755165core:FurnitureFittings2023-09-012024-08-31 07755165core:ComputerEquipment2023-09-012024-08-31 07755165core:FurnitureFittings2023-08-31 07755165core:ComputerEquipment2023-08-31 07755165core:FurnitureFittings2024-08-31 07755165core:ComputerEquipment2024-08-31 077551652022-09-012023-08-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
Chase Accountants Limited Company Information for the year ended 31 August 2024
Director
Clair Munro
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
- 3 -
Chase Accountants Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,729 
9,661 
Current assets
Debtors
8,748 
7,469 
Cash at bank and in hand
240 
178 
8,988 
7,647 
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)
Capital and reserves
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
- 4 -
Chase Accountants Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
10,000 
- 
10,000 
At 31 August 2024
25,536 
565 
26,101 
Depreciation
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 
Net book value
At 31 August 2024
17,458 
271 
17,729 
At 31 August 2023
9,322 
339 
9,661 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
8,748 
7,469 
- 5 -
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 
VAT
6,570 
- 
Trade creditors
1,087 
2,768 
Taxes and social security
2,607 
4,956 
16,381 
17,944 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,614 
- 
Taxes and social security
3,696 
472 
9,310 
472 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 6 -