Chelsea Prime Trading Ltd

Chelsea Prime Trading Ltd
Contents Page
For the year ended 30 November 2025

Accountants' Report	1
Balance Sheet	2
Notes to the Financial Statements	3

Chelsea Prime Trading Ltd Accountants' Report For the year ended 30 November 2025
Report to the directors on the preparation of the unaudited statutory accounts of Chelsea Prime Trading Ltd for the year ended 30 November 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chelsea Prime Trading Ltd for the year ended 30 November 2025 which comprise of the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Chelsea Prime Trading Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Chelsea Prime Trading Ltd and state those matters that we have agreed to state to the Board of Directors of Chelsea Prime Trading Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chelsea Prime Trading Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Chelsea Prime Trading Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Chelsea Prime Trading Ltd. You consider that Chelsea Prime Trading Ltd is exempt from the statutory audit requirement for the year We have not been instructed to carry out an audit or a review of the accounts of Chelsea Prime Trading Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the year ended 30 November 2025. .................................................... Potter and Co Accountants Ltd 27 Doubleday Road Loughton Essex IG10 2AU 03 August 2026 1

Chelsea Prime Trading Ltd
Accountants' Report
For the year ended 30 November 2025

Report to the directors on the preparation of the unaudited statutory accounts of Chelsea Prime Trading Ltd for the year ended 30 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chelsea Prime Trading Ltd for the year ended 30 November 2025 which comprise of the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Chelsea Prime Trading Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Chelsea Prime Trading Ltd and state those matters that we have agreed to state to the Board of Directors of Chelsea Prime Trading Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chelsea Prime Trading Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Chelsea Prime Trading Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Chelsea Prime Trading Ltd. You consider that Chelsea Prime Trading Ltd is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Chelsea Prime Trading Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
for the year ended 30 November 2025.

....................................................
Potter and Co Accountants Ltd
27 Doubleday Road
Loughton
Essex
IG10 2AU
03 August 2026

1

Chelsea Prime Trading Ltd
Balance Sheet
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	23,577	30,699
		23,577	30,699
Current assets
Stocks		141,608	39,375
Debtors		567,456	182,375
Investments		219,900	0
Cash at bank and in hand		408,666	391,061
		1,337,630	612,811
Creditors: amount falling due within one year		(535,907)	(189,006)
Net current assets		801,723	423,805

Total assets less current liabilities		825,300	454,504
Net assets		825,300	454,504

Capital and reserves
Called up share capital	4	110	110
Profit and loss account		825,190	454,394
Shareholders' funds		825,300	454,504

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 03 August 2026 and were signed by:

-------------------------------
Angus Champion de Crespigny
Director

2

Chelsea Prime Trading Ltd
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

Chelsea Prime Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 13717811, registration address 128 City Road, London, EC1V 2NX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Reducing Balance
Computer Equipment	33.333% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Current asset investments

Current asset investments are stated at the lower of cost and net realisable value.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Computer Equipment	Total
	£	£	£
At 01 December 2024	39,990	4,240	44,230
Additions	-	1,624	1,624
Disposals	-	-	-
At 30 November 2025	39,990	5,864	45,854
Depreciation
At 01 December 2024	9,998	3,533	13,531
Charge for year	7,498	1,248	8,746
On disposals	-	-	-
At 30 November 2025	17,496	4,781	22,277
Net book values
Closing balance as at 30 November 2025	22,494	1,083	23,577
Opening balance as at 01 December 2024	29,992	707	30,699

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
110 Ordinary shares of £1.00 each	110		110
	110		110

3

Registered Number: 13717811
England and Wales
CHELSEA PRIME TRADING LTD

Abridged Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025