Chancecroft Limited - Filleted accounts

Chancecroft Limited
Data not obtained from trial balance		AutoHide is on
Enter data in the white spaces Enter numbers as + unless indicated				Current year	Comparative

Units (eg £ or £000)		£	include a trailing space

Company registration number		01488056

		Date
Approval date of the accounts by the board		31/08/2025

		Date
Date of signing on the audit/accountants report

Date of engagement letter (required for		Date
CA and ACCA reports)

Person signing directors' report:
	Name of director	M C E Tuson
	Or, name of secretary

Name of director signing balance sheet		M C E Tuson

Address of registered office:
	Address line 1	8 Three Kings Yard
	Address line 2	London
	City or town	W1K 4JR
	County or region
	Postcode

Name of senior statutory auditor

Name of auditors/accountants

Type of firm (eg Chartered Accountants)

Address of auditors/accountants
	Address line 1
	Address line 2
	City or town
	County or region
	Postcode

Prior year adjustments (+ for a gain; - for a loss)		£
	Correction of prior year errors
	Effect of retrospective changes in accounting policies
	Effect of retrospective changes in accounting policies
	More info on prior year adjustments

Number					Number
Average number of persons employed by the company				1		1

Freehold land & buildings if
revalued amounts shown in trial balance:				£	£
	historical cost
	cumulative depreciation based on cost

Historical cost of fixed asset investments				£	£
	Investments in subsidiaries
	Other investments

£					£
Amounts due after more than one year included in debtors

Amounts included in creditors falling due for payment
after more than five years:				£	£
Payable otherwise than by installment
Payable by installment

£					£
Secured bank loans included in creditors

Capital commitments:				£	£
	contracted

Total future payments due under non-cancellable				£	£
operating leases

Registered number

01488056

Chancecroft Limited

Filleted Accounts

31 March 2025

Chancecroft Limited
Registered number:		01488056
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	340,747			340,747

Creditors: amounts falling due within one year	4	(47,121)			(46,371)

Net current assets			293,626			294,376

Net assets			293,626			294,376

Capital and reserves
Called up share capital			100			100
Profit and loss account			293,526			294,276

Shareholder's funds			293,626			294,376

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M C E Tuson
Director
Approved by the board on 31 August 2025

Chancecroft Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Debtors	2025		2024
£			£

	Other debtors	340,747		340,747


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Other creditors	47,121		46,371


5	Controlling party

	The estate of Ms P.C. Tuson, is the holder of the entire issued share capital of the company and is therefore considered to be the controlling party.


6	Other information

	Chancecroft Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8 Three Kings Yard
	London
	W1K 4JR