Company Registration No. 10464824 (England and Wales)
Chancery Limited
Amended Unaudited accounts
for the year ended 31 December 2024
Chancery Limited
Amended Unaudited accounts
Contents
Chancery Limited
Company Information
for the year ended 31 December 2024
Company Number
10464824 (England and Wales)
Registered Office
C/O The Pregnant Man
40 Chancery Lane
London
WC2A 1JA
Accountants
Addition Financial Limited
The Office Group
1 Lyric Square
Hammersmith
London
W6 0NB
Chancery Limited
Statement of financial position
as at 31 December 2024
Tangible assets
20,582
9,423
Investments
240,039
240,039
Cash at bank and in hand
70
-
Creditors: amounts falling due within one year
(416,429)
(415,250)
Net current liabilities
(171,066)
(204,421)
Called up share capital
1
1
Profit and loss account
89,554
45,040
Shareholders' funds
89,555
45,041
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 30 November 2025 and were signed on its behalf by
Sean Martin
Director
Company Registration No. 10464824
Chancery Limited
Notes to the Accounts
for the year ended 31 December 2024
Chancery Limited is a private company, limited by shares, registered in England and Wales, registration number 10464824. The registered office is C/O The Pregnant Man , 40 Chancery Lane, London, WC2A 1JA.
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.
These accounts replace the original accounts submitted and are now the Statutory Documents.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
7,744
3,333
1,098
12,175
Additions
-
14,104
-
14,104
At 31 December 2024
7,744
17,437
1,098
26,279
At 1 January 2024
999
1,204
549
2,752
Charge for the year
968
1,702
275
2,945
At 31 December 2024
1,967
2,906
824
5,697
At 31 December 2024
5,777
14,531
274
20,582
At 31 December 2023
6,745
2,129
549
9,423
5
Investments
Subsidiary undertakings
Valuation at 1 January 2024
240,039
Valuation at 31 December 2024
240,039
Chancery Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
17,995
31,151
Accrued income and prepayments
497
2,753
Amounts falling due after more than one year
Other debtors
211,536
161,037
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
204,061
158,838
Trade creditors
77,493
61,393
Taxes and social security
27,124
53,931
Other creditors
7,860
9,785
8
Transactions with related parties
The amount of £161,037 has been included in other debtors in the form of a Directors loan
9
Average number of employees
During the year the average number of employees was 15 (2023: 15).