IRIS Accounts Production v25.1.4.42 04199453 director 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041994532024-03-31041994532025-03-31041994532024-04-012025-03-31041994532023-03-31041994532023-04-012024-03-31041994532024-03-3104199453ns15:EnglandWales2024-04-012025-03-3104199453ns14:PoundSterling2024-04-012025-03-3104199453ns10:Director12024-04-012025-03-3104199453ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3104199453ns10:SmallEntities2024-04-012025-03-3104199453ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3104199453ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3104199453ns10:FullAccounts2024-04-012025-03-3104199453ns10:OrdinaryShareClass12024-04-012025-03-3104199453ns10:CompanySecretary12024-04-012025-03-3104199453ns10:RegisteredOffice2024-04-012025-03-3104199453ns5:CurrentFinancialInstruments2025-03-3104199453ns5:CurrentFinancialInstruments2024-03-3104199453ns5:ShareCapital2025-03-3104199453ns5:ShareCapital2024-03-3104199453ns5:RetainedEarningsAccumulatedLosses2025-03-3104199453ns5:RetainedEarningsAccumulatedLosses2024-03-3104199453ns5:PlantMachinery2024-04-012025-03-3104199453ns5:PlantMachinery2024-03-3104199453ns5:PlantMachinery2025-03-3104199453ns5:PlantMachinery2024-03-3104199453ns5:DeferredTaxation2024-03-3104199453ns5:DeferredTaxation2024-04-012025-03-3104199453ns5:DeferredTaxation2025-03-3104199453ns10:OrdinaryShareClass12025-03-3104199453ns5:RetainedEarningsAccumulatedLosses2024-03-3104199453ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 04199453 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

IAN MCCHESNEY LIMITED

IAN MCCHESNEY LIMITED (REGISTERED NUMBER: 04199453)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


IAN MCCHESNEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: I C McChesney





SECRETARY: J McChesney





REGISTERED OFFICE: 2 Jardine House
The Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 04199453 (England and Wales)





ACCOUNTANTS: Barber & Company
A trading name of PCM Accounting Limited
2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

IAN MCCHESNEY LIMITED (REGISTERED NUMBER: 04199453)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,178 2,416

CURRENT ASSETS
Cash at bank 29,231 29,459

CREDITORS
Amounts falling due within one year 5 5,309 2,939
NET CURRENT ASSETS 23,922 26,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,100

28,936

PROVISIONS FOR LIABILITIES 6 414 459
NET ASSETS 25,686 28,477

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 8 25,676 28,467
SHAREHOLDERS' FUNDS 25,686 28,477

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 director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 July 2025 and were signed by:




I C McChesney - Director


IAN MCCHESNEY LIMITED (REGISTERED NUMBER: 04199453)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Ian McChesney 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 (£).


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.

The financial statements have been prepared in accordance with applicable accounting standards. The particular accounting polices adapted are described below.

TURNOVER
Turnover represents net invoiced fees receivable, excluding value added tax.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

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.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

IAN MCCHESNEY LIMITED (REGISTERED NUMBER: 04199453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2024 24,615
Additions 488
At 31 March 2025 25,103
DEPRECIATION
At 1 April 2024 22,199
Charge for year 726
At 31 March 2025 22,925
NET BOOK VALUE
At 31 March 2025 2,178
At 31 March 2024 2,416

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Corporation Tax 1,267 640
Other taxation and social security 2,328 176
Directors' current accounts 316 725
Accruals and deferred income 1,398 1,398
5,309 2,939

6. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 414 459

Deferred
tax
£   
Balance at 1 April 2024 459
Provided during year (45 )
Balance at 31 March 2025 414

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
10 Ordinary Shares £1 10 10

IAN MCCHESNEY LIMITED (REGISTERED NUMBER: 04199453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. RESERVES
Retained
earnings
£   

At 1 April 2024 28,467
Profit for the year 5,209
Dividends (8,000 )
At 31 March 2025 25,676

9. RELATED PARTY DISCLOSURES

During the period under review the company was under the control of I C McChesney its sole director and shareholder.