REGISTERED NUMBER: 04199453 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

IAN MCCHESNEY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

I C McChesney

SECRETARY:

J McChesney

REGISTERED OFFICE:

2 Jardine House

The Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

04199453 (England and Wales)

ACCOUNTANTS:

Barber & Company

A trading name of PCM Accounting Limited

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

2,785

2,178

CURRENT ASSETS

Cash at bank

44,788

29,231

CREDITORS

Amounts falling due within one year

5

8,991

5,309

NET CURRENT ASSETS

35,797

23,922

TOTAL ASSETS LESS CURRENT LIABILITIES

38,582

26,100

PROVISIONS FOR LIABILITIES

6

529

414

NET ASSETS

38,053

25,686

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

8

38,043

25,676

SHAREHOLDERS' FUNDS

38,053

25,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

I C McChesney - Director

1.	STATUTORY INFORMATION

Ian McChesney 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared in accordance with applicable accounting standards. The particular accounting polices adapted are described below.

TURNOVER

Turnover represents net invoiced fees receivable, excluding value added tax.

TANGIBLE FIXED ASSETS

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

Office equipment

-

25% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2025

25,103

Additions

1,535

At 31 March 2026

26,638

DEPRECIATION

At 1 April 2025

22,925

Charge for year

928

At 31 March 2026

23,853

NET BOOK VALUE

At 31 March 2026

2,785

At 31 March 2025

2,178

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Corporation Tax

5,835

1,267

Other taxation and social security

1,282

2,328

Directors' current accounts

476

316

Accruals and deferred income

1,398

1,398

8,991

5,309

6.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

529

414

Deferred

tax

£

Balance at 1 April 2025

414

Provided during year

115

Balance at 31 March 2026

529

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

10

Ordinary Shares

£1

10

10

8.

RESERVES

Retained

earnings

£

At 1 April 2025

25,676

Profit for the year

25,367

Dividends

(13,000

)

At 31 March 2026

38,043

9.	RELATED PARTY DISCLOSURES

During the period under review the company was under the control of I C McChesney its sole director and shareholder.