1 January 2024 false No description of principal activity Taxfiler 2024.6 9331992business:PrivateLimitedCompanyLtd2024-01-012024-12-31 93319922023-12-31 93319922024-01-012024-12-31 9331992business:AuditExemptWithAccountantsReport2024-01-012024-12-31 9331992business:FilletedAccounts2024-01-012024-12-31 93319922024-12-31 9331992business:Director12024-01-012024-12-31 9331992business:Director22024-01-012024-12-31 9331992business:Director32024-01-012024-12-31 93319922023-12-31 9331992core:WithinOneYear2024-12-31 9331992core:WithinOneYear2023-12-31 9331992core:AfterOneYear2024-12-31 9331992core:AfterOneYear2023-12-31 9331992core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 9331992core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 9331992core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 9331992core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 9331992core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 9331992core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 9331992core:PreviouslyStatedAmount2024-12-31 9331992core:PreviouslyStatedAmount2023-12-31 9331992business:SmallEntities2024-01-012024-12-31 9331992countries:EnglandWales2024-01-012024-12-31 9331992core:PlantMachinery2024-01-012024-12-31 9331992core:FurnitureFittings2024-01-012024-12-31 9331992core:ComputerEquipment2024-01-012024-12-31 9331992core:IntangibleAssetsOtherThanGoodwill2023-12-31 9331992core:IntangibleAssetsOtherThanGoodwill2024-12-31 9331992core:PlantMachinery2023-12-31 9331992core:FurnitureFittings2023-12-31 9331992core:ComputerEquipment2023-12-31 9331992core:PlantMachinery2024-12-31 9331992core:FurnitureFittings2024-12-31 9331992core:ComputerEquipment2024-12-31 93319922023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 9331992 (England and Wales)
Chromition Limited Unaudited accounts for the year ended 31 December 2024
Chromition Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Chromition Limited Company Information for the year ended 31 December 2024
Directors
Mark Frost Mark McCairn Michael Turner
Company Number
9331992 (England and Wales)
Accountants
Consept Accounting Solutions Ltd 73 Orchard Avenue Watford WD25 7JG
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Chromition Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
244,265 
244,265 
Tangible assets
5
61,460 
31,580 
305,725 
275,845 
Current assets
Debtors
6
59,296 
71,204 
Cash at bank and in hand
348,389 
88,853 
407,685 
160,057 
Creditors: amounts falling due within one year
7
(12,627)
6,140 
Net current assets
395,058 
166,197 
Total assets less current liabilities
700,783 
442,042 
Creditors: amounts falling due after more than one year
8
(181,363)
(182,492)
Net assets
519,420 
259,550 
Capital and reserves
Called up share capital
171 
171 
Share premium
729,757 
729,757 
Profit and loss account
(210,508)
(470,378)
Shareholders' funds
519,420 
259,550 
For the year ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by
Mark McCairn Director Company Registration No. 9331992
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Chromition Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Chromition Limited is a private company, limited by shares, registered in England and Wales, registration number 9331992.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Plant & Machineries that are used in Laboratory, if expected life is less than 5 years, they have been depreciated on the straight line method over the expected life and where expected life more than 5 years, depeciated at 9.5% straight line basis. However, generally depreciation has been provided at the following rates and /or over their estimated useful lives:
Plant & machinery
Estimated useful lives/9.5% Straight line basis
Fixtures & fittings
11.88% Straight line basis
Computer equipment
33.33% Straight line basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
244,265 
At 31 December 2024
244,265 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
244,265 
At 31 December 2023
244,265 
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Chromition Limited Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
235,210 
2,743 
12,157 
250,110 
Additions
68,170 
- 
3,485 
71,655 
At 31 December 2024
303,380 
2,743 
15,642 
321,765 
Depreciation
At 1 January 2024
204,714 
2,743 
11,073 
218,530 
Charge for the year
40,333 
- 
1,442 
41,775 
At 31 December 2024
245,047 
2,743 
12,515 
260,305 
Net book value
At 31 December 2024
58,333 
- 
3,127 
61,460 
At 31 December 2023
30,496 
- 
1,084 
31,580 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
59,296 
71,204 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,749 
(7,793)
Trade creditors
4,984 
26,932 
Taxes and social security
(816)
(27,206)
Other creditors
3,710 
1,927 
12,627 
(6,140)
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,113 
30,242 
Other creditors
161,250 
152,250 
181,363 
182,492 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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