Company Registration No. 09491595 (England and Wales)
Chase Horizons Ltd
Unaudited accounts
for the year ended 31 March 2025
Chase Horizons Ltd
Unaudited accounts
Contents
Chase Horizons Ltd
Company Information
for the year ended 31 March 2025
Directors
Nicola Stanley
Christopher Stanley
Company Number
09491595 (England and Wales)
Registered Office
45 Spencer Road
Ryde
Isle of Wight
PO33 3AD
England
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Chase Horizons Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
20,181
17,747
Creditors: amounts falling due within one year
(7,962)
(17,283)
Net current assets
16,557
16,327
Total assets less current liabilities
16,904
17,685
Provisions for liabilities
Called up share capital
200
200
Profit and loss account
16,637
17,226
Shareholders' funds
16,837
17,426
For the year ending 31 March 2025 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 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 of Directors and authorised for issue on 5 April 2025 and were signed on its behalf by
Nicola Stanley
Director
Company Registration No. 09491595
Chase Horizons Ltd
Notes to the Accounts
for the year ended 31 March 2025
Chase Horizons Ltd is a private company, limited by shares, registered in England and Wales, registration number 09491595. The registered office is 45 Spencer Road, Ryde, Isle of Wight, PO33 3AD, England.
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:
Plant & machinery
Straight Line - 25%
Computer equipment
Straight Line - 33%
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
15,673
3,033
18,706
At 31 March 2025
15,673
3,033
18,706
At 1 April 2024
15,673
1,675
17,348
Charge for the year
-
1,011
1,011
At 31 March 2025
15,673
2,686
18,359
At 31 March 2025
-
347
347
At 31 March 2024
-
1,358
1,358
Chase Horizons Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
4,338
15,863
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,978
8,454
Loans from directors
4,034
2,464
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).