Chase Holmes Sales Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07333847

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		3,303		3,848

			3,303		3,848
CURRENT ASSETS
Stocks	6	9,970		14,114
Debtors	7	9,718		32,417

		19,688		46,531
Creditors: Amounts Falling Due Within One Year	8	(217,829 )		(181,301 )

NET CURRENT ASSETS (LIABILITIES)			(198,141 )		(134,770 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(194,838 )		(130,922 )

Creditors: Amounts Falling Due After More Than One Year	9		(46,216 )		(65,475 )

NET LIABILITIES			(241,054 )		(196,397 )

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			(241,055 )		(196,398 )

SHAREHOLDERS' FUNDS			(241,054)		(196,397)

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Chase Holmes Sales Limited

Balance Sheet (continued)

As At 31 August 2025

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

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Bernadette Holmes

Director

22/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Chase Holmes Sales Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07333847 . The registered office is 73 Station Road, Hebburn, Tyne and Wear, NE31 1AL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 13)

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Chase Holmes Sales Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 September 2024	25,000

As at 31 August 2025	25,000

Amortisation
As at 1 September 2024	25,000

As at 31 August 2025	25,000

Net Book Value
As at 31 August 2025	-

As at 1 September 2024	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	1,000	18,405	20,203	39,608
Additions	-	-	555	555

As at 31 August 2025	1,000	18,405	20,758	40,163

Depreciation
As at 1 September 2024	684	17,565	17,511	35,760
Provided during the period	79	210	811	1,100

As at 31 August 2025	763	17,775	18,322	36,860

Net Book Value
As at 31 August 2025	237	630	2,436	3,303

As at 1 September 2024	316	840	2,692	3,848

6. Stocks

	2025	2024
	£	£
Work in progress	9,970	14,114

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,008	28,647
Prepayments and accrued income	750	550
D Holmes - Staff Loan	1,960	3,220

	9,718	32,417

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Chase Holmes Sales Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	8,414	11,278
Bank loans and overdrafts	11,890	18,688
Funding Circle Loan	12,000	12,000
Corporation tax	(5,781 )	(5,781 )
PAYE & Social Security (Current liabilities - creditors < 1 year)	6,689	3,706
VAT	14,827	12,443
Wages Control Account (Current liabilities - creditors < 1 year)	16,309	14,387
Other creditors	46,682	43,092
Pension Control Account (Current liabilities - creditors < 1 year)	1,738	772
Loan Owed to Chase Holmes Lettings Ltd	28,250	30,500
Loan Owed to Silvergate Wills Ltd	35,000	-
Director's loan account	41,811	40,216

	217,829	181,301

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	27,216	34,475
Funding Circle Loan over 1 year	19,000	31,000

	46,216	65,475

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

11. Related Party Transactions

Chase Holmes Sales Ltd has loaned from Chase Holmes Lettings Ltd (Co Number 07333880). This company director/sharehold is Mr David Holmes, the husband of Mrs Bernadette Jacqueline Holmes. The loan as at 31st August 2025 was £28,250.

In the period Chase Holmes Sales Ltd has loaned from Silvergate Wills Ltd (Co Number 11064039). This company director/sharehold is Mr David Holmes, the husband of Mrs Bernadette Jacqueline Holmes. The loan as at 31st August 2025 was £35,000.

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