IRIS Accounts Production v24.2.0.383 11382129 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113821292023-05-31113821292024-05-31113821292023-06-012024-05-31113821292022-05-31113821292022-06-012023-05-31113821292023-05-3111382129ns15:EnglandWales2023-06-012024-05-3111382129ns14:PoundSterling2023-06-012024-05-3111382129ns10:Director12023-06-012024-05-3111382129ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3111382129ns10:SmallEntities2023-06-012024-05-3111382129ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3111382129ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3111382129ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3111382129ns10:FullAccounts2023-06-012024-05-3111382129ns10:Director22023-06-012024-05-3111382129ns10:RegisteredOffice2023-06-012024-05-3111382129ns5:CurrentFinancialInstruments2024-05-3111382129ns5:CurrentFinancialInstruments2023-05-3111382129ns5:Non-currentFinancialInstruments2024-05-3111382129ns5:Non-currentFinancialInstruments2023-05-3111382129ns5:ShareCapital2024-05-3111382129ns5:ShareCapital2023-05-3111382129ns5:RetainedEarningsAccumulatedLosses2024-05-3111382129ns5:RetainedEarningsAccumulatedLosses2023-05-3111382129ns5:MotorVehicles2023-06-012024-05-3111382129ns5:ComputerEquipment2023-06-012024-05-3111382129ns5:MotorVehicles2023-05-3111382129ns5:ComputerEquipment2023-05-3111382129ns5:MotorVehicles2024-05-3111382129ns5:ComputerEquipment2024-05-3111382129ns5:MotorVehicles2023-05-3111382129ns5:ComputerEquipment2023-05-3111382129ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3111382129ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: 11382129 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 May 2024

for

Chroma Consulting UK Limited

Chroma Consulting UK Limited (Registered number: 11382129)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Chroma Consulting UK Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: C Holden
J A Royle





REGISTERED OFFICE: 70 Market Street
Tottington
Bury
BL8 3LJ





REGISTERED NUMBER: 11382129 (England and Wales)





ACCOUNTANTS: Anthony Marshall Ltd
Chartered Accountants
70 Market Street
Tottington
Bury
Greater Manchester
BL8 3LJ

Chroma Consulting UK Limited (Registered number: 11382129)

Statement of Financial Position
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 87,687 114,982

CURRENT ASSETS
Debtors 5 323,540 495,856
Cash at bank 562,511 659,925
886,051 1,155,781
CREDITORS
Amounts falling due within one year 6 256,250 303,512
NET CURRENT ASSETS 629,801 852,269
TOTAL ASSETS LESS CURRENT LIABILITIES 717,488 967,251

CREDITORS
Amounts falling due after more than one
year

7

(69,862

)

(87,995

)

PROVISIONS FOR LIABILITIES (21,922 ) (28,745 )
NET ASSETS 625,704 850,511

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 625,702 850,509
625,704 850,511

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Chroma Consulting UK Limited (Registered number: 11382129)

Statement of Financial Position - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





C Holden - Director


Chroma Consulting UK Limited (Registered number: 11382129)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Chroma Consulting UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 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 11 (2023 - 12 ) .

Chroma Consulting UK Limited (Registered number: 11382129)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 158,390 17,370 175,760
Additions - 1,632 1,632
At 31 May 2024 158,390 19,002 177,392
DEPRECIATION
At 1 June 2023 54,448 6,330 60,778
Charge for year 25,986 2,941 28,927
At 31 May 2024 80,434 9,271 89,705
NET BOOK VALUE
At 31 May 2024 77,956 9,731 87,687
At 31 May 2023 103,942 11,040 114,982

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 322,446 495,083
Other debtors 1,094 773
323,540 495,856

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 18,133 18,133
Trade creditors 1,302 561
Taxation and social security 225,950 274,417
Other creditors 10,865 10,401
256,250 303,512

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 69,862 87,995

8. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of C. Holden and J. Royle, by virtue of them both being directors, and equal 50% shareholders in the holding company, Chroma Holdings Limited (company number: 13143115), which itself owns 100% of the issued share capital in Chroma Consulting UK Limited.