Company Registration No. 14183140 (England and Wales)
Chorlton Prime Limited
Unaudited accounts
for the year ended 30 June 2024
Chorlton Prime Limited
Unaudited accounts
Contents
Chorlton Prime Limited
Company Information
for the year ended 30 June 2024
Director
alisha sehrish khan
Company Number
14183140 (England and Wales)
Registered Office
Democracy House Suite 5
609 Stretford Road
Manchester
M16 0QA
England
Chorlton Prime Limited
Statement of financial position
as at 30 June 2024
Tangible assets
310,000
90,000
Cash at bank and in hand
35,705
22,155
Creditors: amounts falling due within one year
(133,885)
(31,235)
Net current liabilities
(98,180)
(9,080)
Total assets less current liabilities
211,820
80,920
Creditors: amounts falling due after more than one year
(110,480)
(25,000)
Called up share capital
1
1
Profit and loss account
101,339
55,919
Shareholders' funds
101,340
55,920
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 1 July 2024 and were signed on its behalf by
alisha sehrish khan
Director
Company Registration No. 14183140
Chorlton Prime Limited
Notes to the Accounts
for the year ended 30 June 2024
Chorlton Prime Limited is a private company, limited by shares, registered in England and Wales, registration number 14183140. The registered office is Democracy House Suite 5, 609 Stretford Road, Manchester, M16 0QA, 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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
50,000
50,000
-
100,000
Additions
-
-
200,000
200,000
At 30 June 2024
50,000
50,000
200,000
300,000
At 1 July 2023
5,000
5,000
-
10,000
Charge for the year
-
-
(20,000)
(20,000)
At 30 June 2024
5,000
5,000
(20,000)
(10,000)
At 30 June 2024
45,000
45,000
220,000
310,000
At 30 June 2023
45,000
45,000
-
90,000
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
125,630
23,000
Chorlton Prime Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
110,480
25,000
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).