REGISTERED NUMBER: 04281788 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Choicestream Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G J Supple

T S Supple

SECRETARY:

Mrs A J Supple

REGISTERED OFFICE:

20 Victoria Way

Pride Park

Derby

DE24 8AN

REGISTERED NUMBER:

04281788 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

-

11,392

CURRENT ASSETS

Debtors

5

-

8,500

Cash at bank

78

82

78

8,582

CREDITORS

Amounts falling due within one year

6

12,828

43,082

NET CURRENT LIABILITIES

(12,750

)

(34,500

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,750

)

(23,108

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(12,752

)

(23,110

)

SHAREHOLDERS' FUNDS

(12,750

)

(23,108

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

G J Supple - Director

1.	STATUTORY INFORMATION

Choicestream 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on cost

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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 balance sheet 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.

Hire purchase

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

10,851

54,014

64,865

Disposals

(10,851

)

(54,014

)

(64,865

)

At 31 December 2024

-

-

-

DEPRECIATION

At 1 January 2024

10,851

42,622

53,473

Eliminated on disposal

(10,851

)

(42,622

)

(53,473

)

At 31 December 2024

-

-

-

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

11,392

11,392

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Deferred tax

-

8,500

Deferred tax asset

2024

2023

£

£

Depreciation in excess of capital allowances

-

8,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

-

21,232

Social security and other taxes

-

190

Other creditors

4,951

-

Amounts owed to group undertakings

7,877

21,010

Accruals and deferred income

-

650

12,828

43,082

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

-

21,232

Hire purchase creditors are secured on the related assets.

8.	ULTIMATE CONTROLLING PARTY

The company's immediate and ultimate parent company is Choicestream (Holdings) Limited a company incorporated in England and Wales, which shares the registered office as detailed on page 1. Copies of the company's financial statements are available from Companies House.