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Registered Number: 12822825
England and Wales

 

 

 

TAILEND CHASERS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 August 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Field Green Consulting
31 August 2024



....................................................

Field Green Consulting

28 Highridge Close
Weavering
Maidstone
ME14 5XQ
06 May 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Investments 4 90   
90   
Current assets      
Debtors 33,753    11,704 
Cash at bank and in hand 8,536    23,257 
42,289    34,961 
Creditors: amount falling due within one year (480,747)   (236,644)
Net current assets (438,458)   (201,683)
 
Total assets less current liabilities (438,368)   (201,683)
Net assets (438,368)   (201,683)
 

Capital and reserves
     
Called up share capital 5 100   
Profit and loss account (438,468)   (201,683)
Shareholders' funds (438,368)   (201,683)
 


For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 06 May 2025 and were signed by:


-------------------------------
Jack ADCOCK
Director
2
General Information
Tailend Chasers Ltd is a private company, limited by shares, registered in England and Wales, registration number 12822825, registration address 28 Highridge Close, Weavering, Maidstone, Kent, ME14 5XQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is contuining to develop its sales markets and will gain good levels of sales growth and profitability in the future , and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and have agreed to provide any further funding required to support the company until it becomes profitable . Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Directors' Emoluments

2024
£
  2023
£
Administrative Expenses
Directors Salaries 28,750    15,417 
Directors Pension Contributions   40,000 
28,750    55,417 
The Directors Emoluments during the period were £28,750.00, including Employer Pension Contributions,  The highest earning Director had total emoluments of £28,750.00

3.

Average number of employees


Average number of employees during the year was 11 (2023 : 6).
4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 September 2023  
Additions 90    90 
Transfer to/from tangible fixed assets  
Disposals  
At 31 August 2024 90    90 

5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

3