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REGISTERED NUMBER: 04573984











Unaudited Financial Statements for the Year Ended 31 October 2024

for

Chaco Limited

Chaco Limited (Registered number: 04573984)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chaco Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr Leon Clifton
Mr Ian Blelloch
Mr Ashley D Drakeford





REGISTERED OFFICE: Unit 3 Parklands
Railton Road
Guildford
Surrey
GU2 9JX





REGISTERED NUMBER: 04573984

Chaco Limited (Registered number: 04573984)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,241 78,695
Investments 5 34,100 22,100
96,341 100,795

CURRENT ASSETS
Debtors 6 176,114 9,991
Cash at bank 325,470 275,612
501,584 285,603
CREDITORS
Amounts falling due within one year 7 151,710 73,756
NET CURRENT ASSETS 349,874 211,847
TOTAL ASSETS LESS CURRENT
LIABILITIES

446,215

312,642

CREDITORS
Amounts falling due after more than one year 8 63,268 80,272
NET ASSETS 382,947 232,370

CAPITAL AND RESERVES
Called up share capital 1,386 1,386
Retained earnings 381,561 230,984
SHAREHOLDERS' FUNDS 382,947 232,370

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

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

Chaco Limited (Registered number: 04573984)

Balance Sheet - continued
31 October 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 15 April 2025 and were signed on its behalf by:





Mr Ian Blelloch - Director


Chaco Limited (Registered number: 04573984)

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

1. STATUTORY INFORMATION

Chaco Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Plant and machinery etc - 25% on 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2023 - 5 ) .

Chaco Limited (Registered number: 04573984)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 137,240
Additions 4,562
At 31 October 2024 141,802
DEPRECIATION
At 1 November 2023 58,545
Charge for year 21,016
At 31 October 2024 79,561
NET BOOK VALUE
At 31 October 2024 62,241
At 31 October 2023 78,695

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.10.24 31.10.23
£    £   
Trade Investment 34,100 22,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 176,114 9,991

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 2,724 2,853
Taxation and social security 144,732 66,899
Other creditors 4,254 4,004
151,710 73,756

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 63,268 80,272