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CH COPY
Company registration number: 08099223
CHANCERY WALL FINANCIAL SERVICES LTD
Unaudited filleted financial statements
31 August 2025
CHANCERY WALL FINANCIAL SERVICES LTD
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
CHANCERY WALL FINANCIAL SERVICES LTD
Directors and other information
Directors Miss Sangeetha Venkatesan
Mr Ravi Pandya
Secretary Mr Ravi Pandya
Company number 08099223
Registered office Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Business address Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Accountants Hansons
39a Joel Street
Northwood Hills
Middlesex
HA6 1NZ
CHANCERY WALL FINANCIAL SERVICES LTD
Statement of financial position
31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 5 5,903 5,381
_______ _______
5,903 5,381
Current assets
Debtors 6 52,499 88,280
Cash at bank and in hand 26,359 21,044
_______ _______
78,858 109,324
Creditors: amounts falling due
within one year 7 ( 11,367) ( 56,277)
_______ _______
Net current assets 67,491 53,047
_______ _______
Total assets less current liabilities 73,394 58,428
Creditors: amounts falling due
after more than one year 8 ( 7,910) ( 8,220)
_______ _______
Net assets 65,484 50,208
_______ _______
Capital and reserves
Called up share capital 25,000 25,000
Profit and loss account 40,484 25,208
_______ _______
Shareholders funds 65,484 50,208
_______ _______
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.
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with 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 comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 06 July 2026 , and are signed on behalf of the board by:
Mr Ravi Pandya
Director
Company registration number: 08099223
CHANCERY WALL FINANCIAL SERVICES LTD
Statement of changes in equity
Year ended 31 August 2025
Called up share capital Profit and loss account Total
£ £ £
At 1 September 2023 25,000 21,148 46,148
Profit for the year 4,060 4,060
_______ _______ _______
Total comprehensive income for the year - 4,060 4,060
_______ _______ _______
At 31 August 2024 and 1 September 2024 25,000 25,208 50,208
Profit for the year 15,276 15,276
_______ _______ _______
Total comprehensive income for the year - 15,276 15,276
_______ _______ _______
At 31 August 2025 25,000 40,484 65,484
_______ _______ _______
CHANCERY WALL FINANCIAL SERVICES LTD
Notes to the financial statements
Year ended 31 August 2025
1. General information
The company is a private company limited by shares, registered in . The address of the registered office is Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex, HA7 1JS.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of rebates and value added tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves 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:
Fittings fixtures and equipment - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets , the depreciation is revised prospectively to reflect the new estimates.
Impairment
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. 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 are largely independent of the cash inflows from other assets or groups of assets.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 2 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 September 2024 19,055 19,055
Additions 2,961 2,961
Disposals ( 7,708) ( 7,708)
_______ _______
At 31 August 2025 14,308 14,308
_______ _______
Depreciation
At 1 September 2024 13,674 13,674
Charge for the year 1,967 1,967
Disposals ( 7,236) ( 7,236)
_______ _______
At 31 August 2025 8,405 8,405
_______ _______
Carrying amount
At 31 August 2025 5,903 5,903
_______ _______
At 31 August 2024 5,381 5,381
_______ _______
6. Debtors 2025 2024
£ £
Trade debtors 48,403 85,184
Other debtors 4,096 3,096
_______ _______
52,499 88,280
_______ _______
7. Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts - 10,000
Corporation tax 5,002 2,257
Social security and other taxes 2,442 690
Other creditors 3,923 43,330
_______ _______
11,367 56,277
_______ _______
8. Creditors: amounts falling due after more than one year 2025 2024
£ £
Bank loans and overdrafts 7,910 8,220
_______ _______
9. Directors advances, credits and guarantees
At the balance date the directors owed £229 (2024: were owed £25,210).
10. Controlling party
The directors own all of the shares in the company and they are the controlling party.