Simon Chandler Ltd - Filleted accounts

Registered number

07284687

Simon Chandler Ltd

Filleted Accounts

30 June 2025

Simon Chandler Ltd
Registered number:		07284687
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		54,292			1,463

Current assets
Debtors	4	8,171			8,286
Cash at bank and in hand		27,194			24,209
		35,365			32,495

Creditors: amounts falling due within one year	5	(18,095)			(22,004)

Net current assets			17,270			10,491

Total assets less current liabilities			71,562			11,954

Creditors: amounts falling due after more than one year	6		(43,338)			-

Provisions for liabilities			(13,573)			(365)


Net assets			14,651			11,589

Capital and reserves
Called up share capital			100			100
Profit and loss account			14,551			11,489

Shareholders' funds			14,651			11,589

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Mr Simon Mark Chandler
Director
Approved by the board on 12 October 2025

Simon Chandler Ltd
Notes to the Accounts
for the year ended 30 June 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Motor Vehicles			25% Reducing balance
	Plant & Machinery			20% Reducing balance
	Computer equipment			15% Reducing balance/3 years straight line

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Motor Vehicles		Plant and machinery etc		Computer equipment		Total
£			£		£		£
	Cost
	At 1 July 2024	-		-		5,279		5,279
	Additions	55,659		1,148		-		56,807
	At 30 June 2025	55,659		1,148		5,279		62,086

	Depreciation
	At 1 July 2024	-		-		3,816		3,816
	Charge for the year	3,479		57		442		3,978
	At 30 June 2025	3,479		57		4,258		7,794

	Net book value
	At 30 June 2025	52,180		1,091		1,021		54,292
	At 30 June 2024	-		-		1,463		1,463


4	Debtors					2025		2024
£							£

	Trade debtors					8,171		8,286


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

	Obligations under finance lease and hire purchase contracts					9,057		-
	Trade creditors					-		711
	Taxation and social security costs					7,129		19,063
	Other creditors					1,909		2,230
						18,095		22,004


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					43,338		-


7	Other information

	Simon Chandler Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	5B Sunrise Business Park
	Higher Shaftesbury Road
	Blandford Forum
	Dorset
	DT11 8ST