Company registration number: 12383722
Unaudited financial statements
for the year ended 31 January 2025
for
Chessed Team Limited
Pages for filing with the Registrar
Company registration number: 12383722
Chessed Team Limited
Balance sheet
as at 31 January 2025
2025 2024
Note £ £ £ £
Fixed assets
Investments 4 1 -
Investment property 5 546,403 527,903
546,404 527,903
Current assets
Cash at bank and in hand 40,736 2,412
40,736 2,412
Creditors: amounts falling due within one
year
(55,499) (10,352)
Net current liabilities (14,763) (7,940)
Total assets less current liabilities 531,641 519,963
Creditors: Amounts falling due after more
than one year
(533,468) (520,237)
NET LIABILITIES (1,827) (274)
Capital and reserves
Called up share capital 100 100
Profit and loss account (1,927) (374)
TOTAL EQUITY (1,827) (274)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12383722
Chessed Team Limited
Balance sheet - continued
as at 31 January 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Moore, Director
8 July 2025
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Chessed Team Limited
Notes to the financial statements
for the year ended 31 January 2025
1 Company information
Chessed Team Limited is a private company registered in England and Wales. Its registered number is 12383722. The company is limited by shares. Its registered office is 53 Woodstock Avenue, London, NW11 9RG.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
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Chessed Team Limited
Notes to the financial statements - continued
for the year ended 31 January 2025
4 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
Additions 1
At 31 January 2025 1
Net book value
At 31 January 2025 1
At 31 January 2024 -
5 Investment property
£
Valuation
At 1 February 2024 527,903
Additions 18,500
At 31 January 2025 546,403
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