Company Registration No. 11006003 (England and Wales)
Chestnut Accounts Limited
Unaudited accounts
for the year ended 31 March 2025
Chestnut Accounts Limited
Unaudited accounts
Contents
Chestnut Accounts Limited
Company Information
for the year ended 31 March 2025
Company Number
11006003 (England and Wales)
Registered Office
Trees Chestnut Avenue
Chichester
West Sussex
PO19 5QD
UK
Chestnut Accounts Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
14,854
9,055
Creditors: amounts falling due within one year
(28,612)
(31,048)
Net current liabilities
(11,090)
(21,278)
Net liabilities
(10,292)
(19,825)
Called up share capital
10
10
Profit and loss account
(10,302)
(19,835)
Shareholders' funds
(10,292)
(19,825)
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 director acknowledges her 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 21 May 2025 and were signed on its behalf by
Laura Mtharu
Director
Company Registration No. 11006003
Chestnut Accounts Limited
Notes to the Accounts
for the year ended 31 March 2025
Chestnut Accounts Limited is a private company, limited by shares, registered in England and Wales, registration number 11006003. The registered office is Trees Chestnut Avenue, Chichester, West Sussex, PO19 5QD, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
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.
Revenue, described as turnover is the value of services, net of VAT, provided to customers during the year.
Goodwill is amortised on a straight line basis over its estimated useful economic life of 5 years. Based on the length of the commercial agreement.
Tangible fixed assets and depreciation
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment
25% straight line
4
Intangible fixed assets
Goodwill
Chestnut Accounts Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,866
1,591
Loans from directors
23,964
28,060
8
Transactions with related parties
Interest is not being charged on the director loan included within creditors.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).