Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 2793842 Mr Nigel Scott Mr Nicholas Long Mr Paul Boote Mr Paul Boote iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 2793842 2023-12-31 2793842 2024-12-31 2793842 2024-01-01 2024-12-31 2793842 frs-core:CurrentFinancialInstruments 2024-12-31 2793842 frs-core:Non-currentFinancialInstruments 2024-12-31 2793842 frs-core:ComputerEquipment 2024-12-31 2793842 frs-core:ComputerEquipment 2024-01-01 2024-12-31 2793842 frs-core:ComputerEquipment 2023-12-31 2793842 frs-core:FurnitureFittings 2024-12-31 2793842 frs-core:FurnitureFittings 2024-01-01 2024-12-31 2793842 frs-core:FurnitureFittings 2023-12-31 2793842 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 2793842 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 2793842 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 2793842 frs-core:PlantMachinery 2024-12-31 2793842 frs-core:PlantMachinery 2024-01-01 2024-12-31 2793842 frs-core:PlantMachinery 2023-12-31 2793842 frs-core:RevaluationReserve 2023-12-31 2793842 frs-core:RevaluationReserve 2024-12-31 2793842 frs-core:ShareCapital 2024-12-31 2793842 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 2793842 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 2793842 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 2793842 frs-bus:SmallEntities 2024-01-01 2024-12-31 2793842 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 2793842 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 2793842 frs-bus:Director1 2024-01-01 2024-12-31 2793842 frs-bus:Director2 2024-01-01 2024-12-31 2793842 frs-bus:Director3 2024-01-01 2024-12-31 2793842 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 2793842 frs-countries:EnglandWales 2024-01-01 2024-12-31 2793842 2022-12-31 2793842 2023-12-31 2793842 2023-01-01 2023-12-31 2793842 frs-core:CurrentFinancialInstruments 2023-12-31 2793842 frs-core:Non-currentFinancialInstruments 2023-12-31 2793842 frs-core:RevaluationReserve 2023-12-31 2793842 frs-core:ShareCapital 2023-12-31 2793842 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 2793842
Chase Projects Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Chase Independent Limited
85 Railway Street
Hertford
Herts
SG14 1RP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 2793842
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,730,805 1,745,624
1,730,805 1,745,624
CURRENT ASSETS
Debtors 5 72,673 86,517
Cash at bank and in hand 5,344 2,404
78,017 88,921
Creditors: Amounts Falling Due Within One Year 6 (43,467 ) (75,423 )
NET CURRENT ASSETS (LIABILITIES) 34,550 13,498
TOTAL ASSETS LESS CURRENT LIABILITIES 1,765,355 1,759,122
Creditors: Amounts Falling Due After More Than One Year 7 (964,288 ) (1,012,396 )
NET ASSETS 801,067 746,726
CAPITAL AND RESERVES
Called up share capital 8 10 10
Revaluation reserve 9 1,351,065 1,351,065
Profit and Loss Account (550,008 ) (604,349 )
SHAREHOLDERS' FUNDS 801,067 746,726
Page 1
Page 2
For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nicholas Long
Director
14/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Chase Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 2793842 . The registered office is 30 Railway Street, Hertford, Herts, SG14 1BA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Straight line
Plant & Machinery 20% Straight line
Fixtures & Fittings 20% Straight line
Computer Equipment 33% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 2,092,000 24,107 10,105 12,241 2,138,453
As at 31 December 2024 2,092,000 24,107 10,105 12,241 2,138,453
Depreciation
As at 1 January 2024 346,376 24,107 10,105 12,241 392,829
Provided during the period 14,819 - - - 14,819
As at 31 December 2024 361,195 24,107 10,105 12,241 407,648
Net Book Value
As at 31 December 2024 1,730,805 - - - 1,730,805
As at 1 January 2024 1,745,624 - - - 1,745,624
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,818 27,038
Other debtors 67,855 59,479
72,673 86,517
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 612 23,913
Bank loans and overdrafts 13,331 22,025
Other creditors 15,274 15,235
Accruals and deferred income 14,250 14,250
43,467 75,423
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 964,288 1,012,396
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
9. Reserves
Revaluation Reserve
£
As at 1 January 2024 1,351,065
As at 31 December 2024 1,351,065
Page 4