Company Registration No. 15964240 (England and Wales)
Chrysowood Trading Ltd
Unaudited accounts
for the period from 18 September 2024 to 30 September 2025
Chrysowood Trading Ltd
Unaudited accounts
Contents
Chrysowood Trading Ltd
Company Information
for the period from 18 September 2024 to 30 September 2025
Company Number
15964240 (England and Wales)
Registered Office
58-60 Hanover Street
Liverpool
L1 4AF
United Kingdom
Accountants
Harmony Accountancy Limited
Chartered Certified Accountant
124 City Road
London
EC1V 2NX
Chrysowood Trading Ltd
Statement of financial position
as at 30 September 2025
Cash at bank and in hand
54,400
Creditors: amounts falling due within one year
(443,012)
Net current liabilities
(104,516)
Total assets less current liabilities
415,832
Creditors: amounts falling due after more than one year
(430,180)
Called up share capital
100
Profit and loss account
(14,448)
Shareholders' funds
(14,348)
For the period ending 30 September 2025 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 8 December 2025 and were signed on its behalf by
Mr S Shao
Director
Company Registration No. 15964240
Chrysowood Trading Ltd
Notes to the Accounts
for the period from 18 September 2024 to 30 September 2025
Chrysowood Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 15964240. The registered office is 58-60 Hanover Street, Liverpool, L1 4AF, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Chrysowood Trading Ltd
Notes to the Accounts
for the period from 18 September 2024 to 30 September 2025
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:
Plant & machinery
Straight line over 4 - 20 years
Motor vehicles
Straight line over 4 years
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Chrysowood Trading Ltd
Notes to the Accounts
for the period from 18 September 2024 to 30 September 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 18 September 2024
-
-
-
Additions
536,145
19,995
556,140
At 30 September 2025
536,145
19,995
556,140
Charge for the period
30,793
4,999
35,792
At 30 September 2025
30,793
4,999
35,792
At 30 September 2025
505,352
14,996
520,348
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Obligations under finance leases and hire purchase contracts
86,036
Amounts owed to group undertakings and other participating interests
150,000
Taxes and social security
4,168
Loans from directors
48,211
7
Creditors: amounts falling due after more than one year
2025
Obligations under finance leases and hire purchase contracts
430,180
8
Average number of employees
During the period the average number of employees was 15.