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REGISTERED NUMBER: 04305729 (England and Wales)

CHESS COMMUNICATIONS LIMITED

TRADING AS

CHESS ENGAGE

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2024

CHESS COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04305729)

TRADING AS CHESS ENGAGE

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

CHESS COMMUNICATIONS LIMITED

TRADING AS CHESS ENGAGE

COMPANY INFORMATION

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2024

| DIRECTORS: | N P Stanton

| P D Harvey

| SECRETARY: | Kerry Secretarial Services Limited

| REGISTERED OFFICE: | c/o Cox Costello & Horne

| Batchworth Lock House

| 99 Church Street

| Rickmansworth

| WD3 1JJ

| REGISTERED NUMBER: | 04305729 (England and Wales)

CHESS COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04305729)

TRADING AS CHESS ENGAGE

BALANCE SHEET

30 SEPTEMBER 2024

30.9.24 | 31.3.24 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | 47,923 |  | 54,489 |  |

Tangible assets | 5 | - |  | 2,619 |  |

Investments | 6 | - |  | 100 |  |

47,923 |  | 57,208 |  |

CURRENT ASSETS

Debtors | 7 | 82,160 |  | 161,621 |  |

Cash at bank | 30,474 |  | 364 |  |

112,634 |  | 161,985 |  |

CREDITORS

Amounts falling due within one year | 8 | 196,120 |  | 172,030 |  |

NET CURRENT LIABILITIES | (83,486 | ) | (10,045 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (35,563 | ) | 47,163 |  |

CAPITAL AND RESERVES

Called up share capital | 75,000 |  | 75,000 |  |

Share premium | 10,722 |  | 10,722 |  |

Retained earnings | (121,285 | ) | (38,559 | ) |

SHAREHOLDERS' FUNDS | (35,563 | ) | 47,163 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2026 and were signed on its behalf by:

N P Stanton - Director

CHESS COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04305729)

TRADING AS CHESS ENGAGE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2024

1. | STATUTORY INFORMATION

| Chess Communications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Going concern

| The company meets its day-to-day working capital requirements. After making enquiries, the directors has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

| Turnover

| Turnover comprises revenue recognised by the company in respect of services supplied. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| - the amount of revenue can be measured reliably;

| - it is probable that the company will receive the consideration due under the contract;

| - the stage of completion of the contract at the end of the reporting period can be measured reliably; and

| - the costs incurred and the costs to complete the contract can be measured reliably.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 25% on cost

| Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

CHESS COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04305729)

TRADING AS CHESS ENGAGE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| a) Debtors

| Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| b) Creditors

| Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

| c) Cash at bank

| Cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Cash and bank balances are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Taxation

| The tax expense for the year comprises current and deferred tax.

| Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

| Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

| - |  | the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and |  |

| - |  | any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. |  |

| Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 6 (2024 - 8 ) .

4. | INTANGIBLE FIXED ASSETS

Goodwill |

| £

| COST

| At 1 April 2024

| and 30 September 2024 | 65,664 |  |

| AMORTISATION

| At 1 April 2024 | 11,175 |  |

| Charge for period | 6,566 |  |

| At 30 September 2024 | 17,741 |  |

| NET BOOK VALUE

| At 30 September 2024 | 47,923 |  |

| At 31 March 2024 | 54,489 |  |

CHESS COMMUNICATIONS LIMITED (REGISTERED NUMBER: 04305729)

TRADING AS CHESS ENGAGE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2024

5. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

etc |

| £

| COST

| At 1 April 2024

| and 30 September 2024 | 10,435 |  |

| DEPRECIATION

| At 1 April 2024 | 7,816 |  |

| Charge for period | 2,619 |  |

| At 30 September 2024 | 10,435 |  |

| NET BOOK VALUE

| At 30 September 2024 | - |  |

| At 31 March 2024 | 2,619 |  |

6. | FIXED ASSET INVESTMENTS

Shares in |

group |

undertakings |

| £

| COST

| At 1 April 2024 | 100 |  |

| Disposals | (100 | ) |

| At 30 September 2024 | - |  |

| NET BOOK VALUE

| At 30 September 2024 | - |  |

| At 31 March 2024 | 100 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

30.9.24 | 31.3.24 |

| £ | £

| Trade debtors | 61,369 |  | 140,830 |  |

| Other debtors | 20,791 |  | 20,791 |  |

82,160 |  | 161,621 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

30.9.24 | 31.3.24 |

| £ | £

| Bank loans and overdrafts | - |  | 1,062 |  |

| Trade creditors | 44,136 |  | 22,634 |  |

| Taxation and social security | 78,631 |  | 60,322 |  |

| Other creditors | 73,353 |  | 88,012 |  |

196,120 |  | 172,030 |  |

9. | RELATED PARTY DISCLOSURES

| At the reporting date, included in other creditors were amounts due to a former director and shareholder was £24,767 (2023 - £25,926 ). The outstanding amount is unsecured, attracts no interest, has no fixed terms of repayment and considered payable on demand.