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COMPANY REGISTRATION NUMBER: 13570961

CHASE THE SURF LIMITED

Filleted Unaudited Financial Statements

31 March 2026

CHASE THE SURF LIMITED

Statement of Financial Position

31 March 2026

| 2026 | 2025
Note | £ | £

Fixed assets

Tangible assets | 4 | 478,648 | 478,647

Current assets

Cash at bank and in hand | 2,605 | 4,841

Creditors: amounts falling due within one year | 5 | 496,799 | 491,019
| --------- | ---------
Net current liabilities | 494,194 | 486,178
| --------- | ---------
Total assets less current liabilities | ( 15,546) | ( 7,531)
| -------- | -------

Capital and reserves

Called up share capital | 2 | 2
Profit and loss account | ( 15,548) | ( 7,533)
| -------- | -------
Shareholders deficit | ( 15,546) | ( 7,531)
| -------- | -------

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 .
These financial statements were approved by the board of directors and authorised for issue on 29 June 2026 , and are signed on behalf of the board by:

MR S S CHASE
Director

Company registration number: 13570961

CHASE THE SURF 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 113 Union Street, Oldham, OL1 RU.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:

| Fixtures and fittings | - | 15% reducing balance

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Tangible assets

| Land and buildings | Fixtures and fittings | Total
| £ | £ | £
Cost |  |  |
At 1 April 2025 | 472,010 | 8,246 | 480,256
Additions | 996 | – | 996
| --------- | ------- | ---------
At 31 March 2026 | 473,006 | 8,246 | 481,252
| --------- | ------- | ---------
Depreciation |  |  |
At 1 April 2025 | – | 1,609 | 1,609
Charge for the year | – | 995 | 995
| --------- | ------- | ---------
At 31 March 2026 | – | 2,604 | 2,604
| --------- | ------- | ---------
Carrying amount |  |  |
At 31 March 2026 | 473,006 | 5,642 | 478,648
| --------- | ------- | ---------
At 31 March 2025 | 472,010 | 6,637 | 478,647
| --------- | ------- | ---------

5. Creditors: amounts falling due within one year

| 2026 | 2025
| £ | £
Trade creditors | 759 | 719
Other creditors | 496,040 | 490,300
| --------- | ---------
| 496,799 | 491,019
| --------- | ---------