CHANCE CAMP LIMITED - Filleted accounts

Number

10696161

CHANCE CAMP LIMITED

Filleted Accounts

31 March 2025

CHANCE CAMP LIMITED
Registered number:		10696161
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	55,579			30,525
Cash at bank and in hand		1,162			23,840
		56,741			54,365

Creditors: amounts falling due within one year	4	(4,212)			(5,219)

Net current assets			52,529			49,146

Total assets less current liabilities			52,529			49,146

Net assets			52,529			49,146

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			51,529			48,146

Shareholders' funds			52,529			49,146

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. Christopher Wright
Director
Approved by the board on 1 November 2025

CHANCE CAMP 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.

	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	7		7

3	Debtors	2025		2024
£			£

	Trade debtors	384		-
	Mr. Christopher Wright	45,613		782
	Wright Sports Services Limited	9,582		29,743
		55,579		30,525

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

	Corporation tax	4,195		5,219
	Accruals	17		-
		4,212		5,219

5	Ultimate controlling party and related party transactions
	The company was under the control of Mr. Christopher Wright and Mrs. Sally Michelle Wright throughout the current period.
	No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 except for those disclosed below.
	Wright Sports Services Limited is a company 100% under the control of the directors.

		2025		2024
£			£
	Balance owing (to) / from Wright Sports Services Limited	9,582		29,743
	Balance owing (to) / from Mr. Christopher Wright	#REF!		782
	Equity dividends paid to Mr. Christopher Wright	14,000		14,000
	Equity dividends paid to Mrs. Sally Michelle Wright	500		1,000

	Interest at 2.25% per annum is charged on balances over £10,000 owed to the company.

6	Other information
	CHANCE CAMP LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	3 Mill Grove
	Tweed Mill Lane
	Cockermouth
	CA13 9DE