REGISTERED NUMBER: 06498433 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Chelsea Hire Complete Event Hire

Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Newman

Mr C J Newman

SECRETARY:

Mr C J Newman

REGISTERED OFFICE:

Next to Unit 1

Rothersthorpe Avenue Industrial Estate

Northampton

Northamptonshire

NN4 8JH

REGISTERED NUMBER:

06498433 (England and Wales)

ACCOUNTANTS:

Clifford Roberts

63 Broad Green

Wellingborough

Northamptonshire

NN8 4LQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

746,834

756,205

Investment property

6

494,936

272,281

1,241,770

1,028,486

CURRENT ASSETS

Stocks

9,000

9,756

Debtors

7

267,531

220,434

Cash at bank and in hand

839,485

972,501

1,116,016

1,202,691

CREDITORS

Amounts falling due within one year

8

202,271

275,720

NET CURRENT ASSETS

913,745

926,971

TOTAL ASSETS LESS CURRENT LIABILITIES

2,155,515

1,955,457

CREDITORS

Amounts falling due after more than one year

9

-

(10,000

)

PROVISIONS FOR LIABILITIES

(56,063

)

(58,405

)

NET ASSETS

2,099,452

1,887,052

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

2,099,352

1,886,952

SHAREHOLDERS' FUNDS

2,099,452

1,887,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2025 and were signed on its behalf by:

Mr C J Newman - Director

1.	STATUTORY INFORMATION

Chelsea Hire Complete Event Hire Solutions 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.

Revenue

Turnover represents net invoices sale of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

195,000

AMORTISATION

At 1 February 2024

and 31 January 2025

195,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

552,472

760,964

1,313,436

Additions

-

93,988

93,988

At 31 January 2025

552,472

854,952

1,407,424

DEPRECIATION

At 1 February 2024

29,888

527,343

557,231

Charge for year

-

103,359

103,359

At 31 January 2025

29,888

630,702

660,590

NET BOOK VALUE

At 31 January 2025

522,584

224,250

746,834

At 31 January 2024

522,584

233,621

756,205

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

272,281

Additions

222,655

At 31 January 2025

494,936

NET BOOK VALUE

At 31 January 2025

494,936

At 31 January 2024

272,281

The directors believe the current carrying value of the investment properties is representative of the market value.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

133,345

189,301

Other debtors

134,186

31,133

267,531

220,434

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

3,556

44,700

Taxation and social security

131,111

128,726

Other creditors

57,604

92,294

202,271

275,720

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

10,000

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100