CHEVALIER TECH LIMITED

Company Registration Number:
13099082 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

CHEVALIER TECH LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

CHEVALIER TECH LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 80,240,000 90,870,000
Tangible assets: 4 5,081,197 5,804,632
Total fixed assets: 85,321,197 96,674,632
Current assets
Stocks: 792,913 2,585,471
Debtors:   385,126 2,735,904
Cash at bank and in hand: 207,565 21,396
Total current assets: 1,385,604 5,342,771
Creditors: amounts falling due within one year:   (899,103) (4,093,104)
Net current assets (liabilities): 486,501 1,249,667
Total assets less current liabilities: 85,807,698 97,924,299
Creditors: amounts falling due after more than one year:   (45,336,312) (47,624,018)
Total net assets (liabilities): 40,471,386 50,300,281
Capital and reserves
Called up share capital: 59,720,001 59,720,001
Profit and loss account: (19,248,615) (9,419,720)
Shareholders funds: 40,471,386 50,300,281

The notes form part of these financial statements

CHEVALIER TECH LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 December 2025
and signed on behalf of the board by:

Name: Benjamin Paul MAJOR
Status: Director

The notes form part of these financial statements

CHEVALIER TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Accounting conventions followed in line with Accounting Standards true and fair valuation of Fixed Assets and implementing straight line basis method.

Intangible fixed assets and amortisation policy

Accounting conventions followed in line with Accounting Standards true and fair valuation of Fixed Assets and implementing straight line basis method.

Other accounting policies

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom law and accounting standards. The main accounting policies adopted consistently in the current and preceding years, are shown below.

CHEVALIER TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 25 35

CHEVALIER TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 99,800,000
At 31 December 2024 99,800,000
Amortisation
At 01 January 2024 8,930,000
Charge for year 10,630,000
At 31 December 2024 19,560,000
Net book value
At 31 December 2024 80,240,000
At 31 December 2023 90,870,000

CHEVALIER TECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 7,261,035
Additions 5,099
At 31 December 2024 7,266,134
Depreciation
At 01 January 2024 1,456,403
Charge for year 728,534
At 31 December 2024 2,184,937
Net book value
At 31 December 2024 5,081,197
At 31 December 2023 5,804,632