Chrysalis Consult Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12825854

Chrysalis Consult Limited

Filleted Unaudited Financial Statements

31 March 2026

Chrysalis Consult Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Chrysalis Consult Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	6,872	4,624

Current assets

Debtors	6	39,260	15,164
Cash at bank and in hand		25,046	32,526
		--------	--------
		64,306	47,690

Creditors: amounts falling due within one year	7	33,500	14,748
		--------	--------
Net current assets		30,806	32,942
		--------	--------
Total assets less current liabilities		37,678	37,566
		--------	--------
Net assets		37,678	37,566
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	37,578	37,466
	--------	--------
Shareholders funds	37,678	37,566
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Chrysalis Consult Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 1 June 2026 , and are signed on behalf of the board by:

Mrs R S Watkins

Director

Company registration number: 12825854

Chrysalis Consult Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 River Court, Chartham, Kent, CT4 7JN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2025	10,119	10,119
Additions	4,031	4,031
	--------	--------
At 31 March 2026	14,150	14,150
	--------	--------
Depreciation
At 1 April 2025	5,495	5,495
Charge for the year	1,783	1,783
	--------	--------
At 31 March 2026	7,278	7,278
	--------	--------
Carrying amount
At 31 March 2026	6,872	6,872
	--------	--------
At 31 March 2025	4,624	4,624
	--------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	22,750	15,000
Other debtors	16,510	164
	--------	--------
	39,260	15,164
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	–	180
Corporation tax	15,682	–
Social security and other taxes	31	1,445
Other creditors	17,787	13,123
	--------	--------
	33,500	14,748
	--------	--------

8. Directors' advances, credits and guarantees

During the period advances of £9,788 (2025: £5,285) were made jointly to the directors. Interest of £Nil (2025: £Nil) was charged on the loan. At the year end the directors jointly owed the company £9,788 (2025: was owed £11,323).