Acorah Software Products - Accounts Production 19.3.550 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 13069778 Mrs Lorraine Chamberlain Mr Robert Chamberlain Mrs Carly Phillips Mr Dean Phillips iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13069778 2024-12-31 13069778 2025-12-31 13069778 2025-01-01 2025-12-31 13069778 frs-core:CurrentFinancialInstruments 2025-12-31 13069778 frs-core:ComputerEquipment 2025-12-31 13069778 frs-core:ComputerEquipment 2025-01-01 2025-12-31 13069778 frs-core:ComputerEquipment 2024-12-31 13069778 frs-core:FurnitureFittings 2025-12-31 13069778 frs-core:FurnitureFittings 2025-01-01 2025-12-31 13069778 frs-core:FurnitureFittings 2024-12-31 13069778 frs-core:ShareCapital 2025-12-31 13069778 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 13069778 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13069778 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 13069778 frs-bus:SmallEntities 2025-01-01 2025-12-31 13069778 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13069778 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13069778 frs-bus:Director1 2025-01-01 2025-12-31 13069778 frs-bus:Director2 2025-01-01 2025-12-31 13069778 frs-bus:Director3 2025-01-01 2025-12-31 13069778 frs-bus:Director4 2025-01-01 2025-12-31 13069778 frs-countries:EnglandWales 2025-01-01 2025-12-31 13069778 2023-12-31 13069778 2024-12-31 13069778 2024-01-01 2024-12-31 13069778 frs-core:CurrentFinancialInstruments 2024-12-31 13069778 frs-core:ShareCapital 2024-12-31 13069778 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 13069778
Chamberlain Phillips Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
GMS FC Limited
1 London Road
Ipswich
Suffolk
IP1 2HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13069778
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,592 10,556
9,592 10,556
CURRENT ASSETS
Debtors 5 17,709 22,005
Cash at bank and in hand 62,697 74,166
80,406 96,171
Creditors: Amounts Falling Due Within One Year 6 (80,253 ) (68,889 )
NET CURRENT ASSETS (LIABILITIES) 153 27,282
TOTAL ASSETS LESS CURRENT LIABILITIES 9,745 37,838
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,398 ) (2,639 )
NET ASSETS 7,347 35,199
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 7,247 35,099
SHAREHOLDERS' FUNDS 7,347 35,199
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For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mr Dean Phillips
Director
13th July 2026
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Chamberlain Phillips Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13069778 . The registered office is 6 Dairy Barn Mews, Summers Park, Lawford, Essex, CO11 2BZ.
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. 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.
2.3. 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:
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 6)
7 6
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 7,725 14,575 22,300
Additions 1,461 1,555 3,016
As at 31 December 2025 9,186 16,130 25,316
Depreciation
As at 1 January 2025 5,897 5,847 11,744
Provided during the period 906 3,074 3,980
As at 31 December 2025 6,803 8,921 15,724
Net Book Value
As at 31 December 2025 2,383 7,209 9,592
As at 1 January 2025 1,828 8,728 10,556
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 14,109 18,405
Other debtors 3,600 3,600
17,709 22,005
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2 2
Other creditors 950 950
Taxation and social security 79,301 67,937
80,253 68,889
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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