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Company Registration No. 10506349 (England and Wales)
CHESS SUBSEA ENGINEERING EUROPE LTD Unaudited accounts for the year ended 31 December 2024
CHESS SUBSEA ENGINEERING EUROPE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CHESS SUBSEA ENGINEERING EUROPE LTD Company Information for the year ended 31 December 2024
Director
Tamsira Jane Nwitua
Secretary
Nad Martin Nwitua
Company Number
10506349 (England and Wales)
Registered Office
International House 24 Holborn Viaduct London City Of London EC1A 2BN United Kingdom
Accountants
Schiavi Pole Brett Ltd 15A Walm Lane London NW2 5SJ
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CHESS SUBSEA ENGINEERING EUROPE LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
4
- 
3,426 
Cash at bank and in hand
64,359 
75,712 
64,359 
79,138 
Creditors: amounts falling due within one year
5
(32,243)
(27,809)
Net current assets
32,116 
51,329 
Total assets less current liabilities
32,116 
51,329 
Creditors: amounts falling due after more than one year
6
(457)
(1,633)
Net assets
31,659 
49,696 
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
31,559 
49,596 
Shareholders' funds
31,659 
49,696 
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 director acknowledges his 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 and authorised for issue on 29 September 2025 and were signed on its behalf by
Tamsira Jane Nwitua Director Company Registration No. 10506349
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CHESS SUBSEA ENGINEERING EUROPE LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CHESS SUBSEA ENGINEERING EUROPE LTD is a private company, limited by shares, registered in England and Wales, registration number 10506349. The registered office is International House, 24 Holborn Viaduct, London, City Of London, EC1A 2BN, United Kingdom.
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.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
3,426 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,258 
1,289 
Taxes and social security
30,735 
26,520 
Loans from directors
250 
- 
32,243 
27,809 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
457 
1,633 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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CHESS SUBSEA ENGINEERING EUROPE LTD Notes to the Accounts for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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