Chainsawbars Limited - Filleted accounts

Registered number

05260623

Chainsawbars Limited

Filleted Accounts

31 August 2025

Chainsawbars Limited
Registered number:		05260623
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		315,721			2,017

Current assets
Stocks		1,020,450			1,144,137
Debtors	4	56,803			83,721
Cash at bank and in hand		102,717			143,864
		1,179,970			1,371,722

Creditors: amounts falling due within one year	5	(198,589)			(242,138)

Net current assets			981,381			1,129,584

Total assets less current liabilities			1,297,102			1,131,601


Provisions for liabilities			(521)			(521)


Net assets			1,296,581			1,131,080

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,296,580			1,131,079

Shareholder's funds			1,296,581			1,131,080

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Robert Dyer
Director
Approved by the board on 6 January 2026

Chainsawbars Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			nil
	Plant and machinery			over 5 years
	Motor vehicles			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.




2	Employees					2025		2024
Number							Number

	The Director					1		1


3	Tangible fixed assets
		computer equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	4,620		23,080		-		27,700
	Additions	267,398		15,539		47,363		330,300
	Disposals	-		-		(3,800)		(3,800)
	At 31 August 2025	272,018		38,619		43,563		354,200

	Depreciation
	At 1 September 2024	4,407		22,006		(730)		25,683
	Charge for the year	-		3,323		9,473		12,796
	At 31 August 2025	4,407		25,329		8,743		38,479

	Net book value
	At 31 August 2025	267,611		13,290		34,820		315,721
	At 31 August 2024	213		1,074		730		2,017


4	Debtors					2025		2024
£							£

	Trade debtors					-		76,303
	Other debtors					56,803		7,418
						56,803		83,721


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					71,585		80,785
	Obligations under finance lease and hire purchase contracts					38,871		-
	Trade creditors					2,116		3,235
	Taxation and social security costs					72,766		59,767
	Other creditors					13,251		98,351
						198,589		242,138


6	Other information

	Chainsawbars Limited is a private company limited by shares and incorporated in England. Its registered office is:
	11 Holt Place
	Coach House Mews
	Ferndown
	Dorset
	BH22 9UX