Chester Marketing Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07560316 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CHESTER MARKETING SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Kerr

Mrs D Kerr

REGISTERED OFFICE:

Oaktree Court Business Centre

Mill Lane

Ness

Cheshire

CH64 8TP

REGISTERED NUMBER:

07560316 (England and Wales)

ACCOUNTANTS:

Michael Donnan & Co Limited

Oaktree Court Business Ctr

Mill Lane

Ness

Cheshire

CH64 8TP

FIXED ASSETS

Tangible assets

4

2,661

4,555

CURRENT ASSETS

Debtors

5

17,297

28,589

Cash at bank

34,893

55,770

52,190

84,359

CREDITORS

Amounts falling due within one year

6

48,238

53,993

NET CURRENT ASSETS

3,952

30,366

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,613

34,921

CREDITORS

Amounts falling due after more than
one year

7

1,667

11,667

NET ASSETS

4,946

23,254

CAPITAL AND RESERVES

Called up share capital

8

101

Retained earnings

9

4,845

23,153

SHAREHOLDERS' FUNDS

4,946

23,254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 2 May 2025 and were signed on its behalf by:

S J Kerr - Director

1.	STATUTORY INFORMATION

Chester Marketing Solutions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Transactions are rounded to the nearest £1.

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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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.

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 NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

2,762

24,660

27,422

Additions

-

312

Disposals

-

(1,401

)

(1,401

)

At 31 March 2025

2,762

23,571

26,333

DEPRECIATION

At 1 April 2024

2,238

20,629

22,867

Charge for year

77

2,096

2,173

Eliminated on disposal

-

(1,368

)

(1,368

)

At 31 March 2025

2,315

21,357

23,672

NET BOOK VALUE

At 31 March 2025

447

2,214

2,661

At 31 March 2024

524

4,031

4,555

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

14,495

24,760

Other debtors

1,430

Prepayments

1,372

2,399

17,297

28,589

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Bank loans and overdrafts

10,000

Trade creditors

1,677

3,328

Tax

9,075

19,279

VAT

13,571

18,305

Other creditors

-

1,048

Directors' current accounts

2,065

183

Deferred income

10,000

-

Accrued expenses

1,850

48,238

53,993

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31/3/25

31/3/24

£

Bank loans - 1-2 years

1,667

10,000

Bank loans - 2-5 years

-

1,667

11,667

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

100

Ordinary

£1

100

1

Ordinary ABC

£1

1

101

9.

RESERVES

Retained

earnings

£

At 1 April 2024

23,153

Profit for the year

35,692

Dividends

(54,000

)

At 31 March 2025

4,845

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

S J Kerr

Balance outstanding at start of year

(92

)

8,205

Amounts advanced

3,621

2,015

Amounts repaid

(4,562

)

(10,312

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(1,033

)

(92

)

Mrs D Kerr

Balance outstanding at start of year

(91

)

9,477

Amounts advanced

3,621

1,378

Amounts repaid

(4,562

)

(10,946

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(1,032

)

(91

)