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REGISTERED NUMBER: 10411379 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

CHAPTER 72 LTD

CHAPTER 72 LTD (REGISTERED NUMBER: 10411379)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CHAPTER 72 LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Mr R Eslamieh
Mrs E Eslamieh





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 10411379 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA

CHAPTER 72 LTD (REGISTERED NUMBER: 10411379)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,715 70,457

CURRENT ASSETS
Stocks 6,103 8,410
Debtors 5 43,799 30,347
Cash at bank and in hand 310,870 234,419
360,772 273,176
CREDITORS
Amounts falling due within one year 6 324,563 241,631
NET CURRENT ASSETS 36,209 31,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,924

102,002

CREDITORS
Amounts falling due after more than one
year

7

-

(18,795

)

PROVISIONS FOR LIABILITIES (12,800 ) (13,800 )
NET ASSETS 90,124 69,407

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 90,122 69,405
90,124 69,407

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.

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 24 March 2025 and were signed on its behalf by:





Mrs E Eslamieh - Director


CHAPTER 72 LTD (REGISTERED NUMBER: 10411379)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Chapter 72 Ltd 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.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Short leasehold - Over the life of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in income statement. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in income statement.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 19 ) .

CHAPTER 72 LTD (REGISTERED NUMBER: 10411379)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 November 2023 34,226 44,960 51,494
Additions 4,045 9,168 -
At 31 October 2024 38,271 54,128 51,494
DEPRECIATION
At 1 November 2023 19,058 25,246 33,470
Charge for year 3,827 7,220 4,505
At 31 October 2024 22,885 32,466 37,975
NET BOOK VALUE
At 31 October 2024 15,386 21,662 13,519
At 31 October 2023 15,168 19,714 18,024

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 34,279 - 164,959
Additions - 2,634 15,847
At 31 October 2024 34,279 2,634 180,806
DEPRECIATION
At 1 November 2023 16,728 - 94,502
Charge for year 3,510 527 19,589
At 31 October 2024 20,238 527 114,091
NET BOOK VALUE
At 31 October 2024 14,041 2,107 66,715
At 31 October 2023 17,551 - 70,457

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 1,515 266
Amounts owed by group undertakings 397 180
Other debtors 41,887 29,901
43,799 30,347

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Hire purchase contracts (see note 8) 18,795 4,530
Trade creditors 29,490 35,858
Amounts owed to group undertakings 99,603 99,603
Taxation and social security 102,024 48,135
Other creditors 74,651 53,505
324,563 241,631

CHAPTER 72 LTD (REGISTERED NUMBER: 10411379)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Hire purchase contracts (see note 8) - 18,795

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
as restated
£    £   
Gross obligations repayable:
Within one year 19,911 5,646
Between one and five years - 19,911
19,911 25,557

Finance charges repayable:
Within one year 1,116 1,116
Between one and five years - 1,116
1,116 2,232

Net obligations repayable:
Within one year 18,795 4,530
Between one and five years - 18,795
18,795 23,325

Non-cancellable operating leases
2024 2023
as restated
£    £   
Within one year 82,417 80,500
Between one and five years 397,833 124,500
480,250 205,000

9. RELATED PARTY DISCLOSURES

Included within creditors, amounts falling due within one year, is an interest-free amount of £36 (2023: £5,132) due to the directors of the company.