Company Registration No. 11139955 (England and Wales)
Chrissy Bales Limited
Unaudited accounts
for the year ended 31 March 2025
Chrissy Bales Limited
Unaudited accounts
Contents
Chrissy Bales Limited
Company Information
for the year ended 31 March 2025
Company Number
11139955 (England and Wales)
Registered Office
3 Nugent Terrace
London
NW8 9QB
England
Chrissy Bales Limited
Statement of financial position
as at 31 March 2025
Tangible assets
25,605
33,008
Cash at bank and in hand
527,055
299,733
Creditors: amounts falling due within one year
(323,621)
(210,338)
Net current assets
258,124
121,329
Total assets less current liabilities
283,729
154,337
Creditors: amounts falling due after more than one year
(8,004)
(16,736)
Net assets
275,725
137,601
Called up share capital
100
100
Profit and loss account
275,625
137,501
Shareholders' funds
275,725
137,601
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 23 December 2025 and were signed on its behalf by
P O C Ojinnaka
Director
Company Registration No. 11139955
Chrissy Bales Limited
Notes to the Accounts
for the year ended 31 March 2025
Chrissy Bales Limited is a private company, limited by shares, registered in England and Wales, registration number 11139955. The registered office is 3 Nugent Terrace, London, NW8 9QB, England.
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 remained unchanged from the previous year, and also 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.
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.
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:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Chrissy Bales Limited
Notes to the Accounts
for the year ended 31 March 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
64,590
-
64,590
At 31 March 2025
64,730
3,171
67,901
At 1 April 2024
31,582
-
31,582
Charge for the year
9,921
793
10,714
At 31 March 2025
41,503
793
42,296
At 31 March 2025
23,227
2,378
25,605
At 31 March 2024
33,008
-
33,008
Amounts falling due within one year
Trade debtors
42,084
13,839
Accrued income and prepayments
-
5,794
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,732
8,732
Taxes and social security
62,624
39,569
Other creditors
105,205
46,722
Loans from directors
105,878
95,306
7
Creditors: amounts falling due after more than one year
2025
2024
Chrissy Bales Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Included in other creditors is the amount of £105,878 (2024: £95,306) owed by the company to the director.
During the period interim dividends of £40,000 (2024: £40,000) were distributed to the director.
10
Average number of employees
During the year the average number of employees was 3 (2024: 2).