FRS102 1A Filleted


Company registration number:						11782270
Chronos Wealth Ltd

Balance sheet
as at 31 July 2025

		31 Jul 25		31 Jul 24
	Note	£	£	£	£
Fixed assets
Intangible assets	4	843,517		937,241
Tangible assets	5	67,991		3,744
			911,508		940,985
Current assets
Debtors		5,000		5,250
Cash at bank and in hand		659,310		531,601
			664,310		536,851
Creditors: amounts falling due within one year			(140,402)		(173,808)
Net current assets			523,908		363,043
Total assets less current liabilities			1,435,416		1,304,028
Creditors: Amounts falling due after more than one year			(212,810)		(269,590)
NET ASSETS			1,222,606		1,034,438

Capital and reserves
Called up share capital			3,824		100
Profit and loss account			1,218,782		1,034,338
TOTAL EQUITY			1,222,606		1,034,438


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

1


Chronos Wealth Ltd

Notes to the financial statements
for the year ended 31 July 2025


1	Company information

	Chronos Wealth Ltd is a private company registered in England and Wales. Its registered number is 11782270. The company is limited by shares. Its registered office is Two Four Nine North, Altrincham, Cheshire, WA14 4DZ.

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 historic cost convention.

	Going concern
	In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

	Goodwill	-	10% straight line

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Plant and machinery etc.:
	Office Equipment	-	25% reducing balance
	Motor Vehicles	-	25% reducing balance

3


Chronos Wealth Ltd

Notes to the financial statements - continued
for the year ended 31 July 2025

2	Accounting policies - continued

	Taxation
	Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

	Current taxation assets and 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.

	Retirement benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.

3	Average number of employees

	During the year the average number of employees was 2 (2024 - 3).

4	Intangible assets

		Goodwill
		£
	Cost
	At 1 August 2024	937,241
	At 31 July 2025	937,241

	Amortisation
	Charge for year	93,724
	At 31 July 2025	93,724

	Net book value
	At 31 July 2025	843,517

	At 31 July 2024	937,241


4


	Company registration number:		11782270
	Chronos Wealth Ltd

	Balance sheet - continued
	as at 31 July 2025

	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 to the Registrar.

	Signed by:

	Mrs E Bird, Director
	24 April 2026

	2


	Company registration number:	11782270

	Annual report and unaudited financial statements
	for the year ended 31 July 2025
	for
	Chronos Wealth Ltd


	Pages for filing with the Registrar