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REGISTERED NUMBER: 01285520 (England and Wales)









CHEMSQUAD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






CHEMSQUAD LIMITED (REGISTERED NUMBER: 01285520)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHEMSQUAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: C Holden





REGISTERED OFFICE: 23 Izons Industrial Estate
Oldbury Road
West Bromwich
West Midlands
B70 9BS





REGISTERED NUMBER: 01285520 (England and Wales)





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

CHEMSQUAD LIMITED (REGISTERED NUMBER: 01285520)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,212 11,422

CURRENT ASSETS
Stocks 4,489 4,000
Debtors 5 63,766 21,677
Cash at bank and in hand 77,837 109,345
146,092 135,022
CREDITORS
Amounts falling due within one year 6 31,000 22,464
NET CURRENT ASSETS 115,092 112,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,304

123,980

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 114,304 113,980
SHAREHOLDERS' FUNDS 124,304 123,980

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

CHEMSQUAD LIMITED (REGISTERED NUMBER: 01285520)

BALANCE SHEET - continued
31 AUGUST 2024


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 21 January 2025 and were signed by:





C Holden - Director


CHEMSQUAD LIMITED (REGISTERED NUMBER: 01285520)

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

1. STATUTORY INFORMATION

Chemsquad 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

CHEMSQUAD LIMITED (REGISTERED NUMBER: 01285520)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 101,892
Additions 557
At 31 August 2024 102,449
DEPRECIATION
At 1 September 2023 90,470
Charge for year 2,767
At 31 August 2024 93,237
NET BOOK VALUE
At 31 August 2024 9,212
At 31 August 2023 11,422

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 58,755 17,144
Other debtors 5,011 4,533
63,766 21,677

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,998 4,002
Taxation and social security 15,084 6,506
Other creditors 11,918 11,956
31,000 22,464