Registration number: 01826215

Chater Financial Consultants Limited

Contents

Company Information	1
Director's Report	2
Profit and Loss Account	3
Statement of Comprehensive Income	4
Balance Sheet	5
Statement of Changes in Equity	6
Notes to the Unaudited Financial Statements	7 to 11

Chater Financial Consultants Limited

Company Information

Director

Mr Michael Kerridge

Registered office

Suite 1B 18 Crendon Street High Wycombe Bucks HP13 6LS

Accountants

KCMJLLP Suite 1B 18 Crendon Street High Wycombe Bucks HP13 6LS

Chater Financial Consultants Limited

Director's Report for the Year Ended 31 March 2025

The director presents his report and the financial statements for the year ended 31 March 2025.

Director of the company

The director who held office during the year was as follows:

Mr Michael Kerridge

Principal activity

The principal activity of the company is Tax Consultancy

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 24 December 2025
 

......................................... Mr Michael Kerridge Director

Chater Financial Consultants Limited

Profit and Loss Account for the Year Ended 31 March 2025

	Note	2025 £	2024 £
Turnover		55,900	24,250
Gross profit		55,900	24,250
Administrative expenses		(53,154)	(24,805)
Operating profit/(loss)		2,746	(555)
Profit/(loss) before tax		2,746	(555)
Profit/(loss) for the financial year		2,746	(555)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Chater Financial Consultants Limited

Statement of Comprehensive Income for the Year Ended 31 March 2025

	2025 £	2024 £
Profit/(loss) for the year	2,746	(555)
Total comprehensive income for the year	2,746	(555)

Chater Financial Consultants Limited

(Registration number: 01826215)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,102	2,102
Current assets
Debtors	5	69,519	58,297
Cash at bank and in hand		805	194
		70,324	58,491
Creditors: Amounts falling due within one year	6	(30,809)	(19,138)
Net current assets		39,515	39,353
Total assets less current liabilities		41,617	41,455
Creditors: Amounts falling due after more than one year	6	(4,218)	(6,301)
Net assets		37,399	35,154
Capital and reserves
Called up share capital	7	2	2
Retained earnings		37,397	35,152
Shareholders' funds		37,399	35,154

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 24 December 2025
 

......................................... Mr Michael Kerridge Director

Chater Financial Consultants Limited

Statement of Changes in Equity for the Year Ended 31 March 2025

	Share capital £	Retained earnings £	Total £
At 1 April 2024	2	35,151	35,153
Profit for the year	-	2,746	2,746
Dividends	-	(500)	(500)
At 31 March 2025	2	37,397	37,399

	Share capital £	Retained earnings £	Total £
At 1 April 2023	2	36,707	36,709
Loss for the year	-	(555)	(555)
Dividends	-	(1,000)	(1,000)
At 31 March 2024	2	35,152	35,154

Chater Financial Consultants Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite 1B
18 Crendon Street
High Wycombe
Bucks
HP13 6LS
England

These financial statements were authorised for issue by the director on 24 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

Current or deferred taxation assets ad 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.

Chater Financial Consultants Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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

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

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
	Straight Line 20%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Chater Financial Consultants Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Chater Financial Consultants Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2024	7,082	7,082
At 31 March 2025	7,082	7,082
Depreciation
At 1 April 2024	4,980	4,980
At 31 March 2025	4,980	4,980
Carrying amount
At 31 March 2025	2,102	2,102
At 31 March 2024	2,102	2,102

5

Debtors

Current	2025 £	2024 £
Trade debtors	33,465	22,135
Other debtors	36,054	36,162
	69,519	58,297

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	-	60
Other creditors	30,809	19,078
	30,809	19,138

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Other non-current financial liabilities	4,218	6,301

Chater Financial Consultants Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 Each of £1 each	2	2	2	2

8

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £250.00 (2024 - £500.00) per each Ordinary shares		500		1,000