REGISTERED NUMBER: 10434603 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

CHC ACCOUNTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D M Belbin

D Bransbury

L J Blunden

REGISTERED OFFICE:

Riverside House

1-5 Como Street

Romford

Essex

RM7 7DN

REGISTERED NUMBER:

10434603 (England and Wales)

ACCOUNTANTS:

Clemence Hoar Cummings

Chartered Accountants

Riverside House

1-5 Como Street

Romford

Essex

RM7 7DN

FIXED ASSETS

Tangible assets

4

28,627

38,222

CURRENT ASSETS

Debtors

5

1,168,458

1,601,170

Cash at bank

167,313

101,115

1,335,771

1,702,285

CREDITORS

Amounts falling due within one year

6

213,818

464,420

NET CURRENT ASSETS

1,121,953

1,237,865

TOTAL ASSETS LESS CURRENT LIABILITIES

1,150,580

1,276,087

CREDITORS

Amounts falling due after more than one year

7

(408,854

)

(465,277

)

PROVISIONS FOR LIABILITIES

(7,158

)

(9,558

)

NET ASSETS

734,568

801,252

CAPITAL AND RESERVES

Called up share capital

2,600

2,600

Retained earnings

731,968

798,652

734,568

801,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

D M Belbin - Director

D Bransbury - Director

1.	STATUTORY INFORMATION

CHC Accountancy 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Amounts recoverable on work in progress but uninvoiced are recorded within trade debtors.

Goodwill

Goodwill was valued by the directors on incorporation based on a multiple of recurring fees. The directors conduct an annual impairment review rather than write down the value over a period of time as required by FRS 102(1a) as they consider this shows a more accurate reflection of the value of the business at the balance sheet date.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

51,077

DEPRECIATION

At 1 November 2024

12,855

Charge for year

9,595

At 31 October 2025

22,450

NET BOOK VALUE

At 31 October 2025

28,627

At 31 October 2024

38,222

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

17,740

216,955

Other debtors

415,278

402,657

433,018

619,612

Amounts falling due after more than one year:

Other debtors

735,440

981,558

Aggregate amounts

1,168,458

1,601,170

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

26,629

7,434

Trade creditors

-

8,158

Taxation and social security

10,948

72,224

Other creditors

166,241

366,604

213,818

464,420

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

10,000

Hire purchase contracts

-

26,630

Other creditors

408,854

428,647

408,854

465,277

8.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £76,500 (2023 - £153,000).

This relates to rental payments due under the terms of a property lease but this is now subject to a underlease to a third party who is undertaking to pay the monthly costs.