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COMPANY REGISTRATION NUMBER: 12921026

Chessman Advisory Limited

Filleted Unaudited Financial Statements

31 October 2025

Chessman Advisory Limited

Financial Statements

Year ended 31 October 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Chessman Advisory Limited

Statement of Financial Position

31 October 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 25,805 | 34,316

Current assets

Debtors | 6 | 1,420 |  | 1,052
Cash at bank and in hand | 81,046 |  | 77,120
| -------- |  | --------
| 82,466 |  | 78,172

Creditors: amounts falling due within one year | 7 | 38,596 |  | 34,714
| -------- |  | --------
Net current assets |  | 43,870 | 43,458
|  | -------- | --------
Total assets less current liabilities |  | 69,675 | 77,774

Provisions

Taxation including deferred tax |  | 4,878 | 5,276
|  | -------- | --------
Net assets |  | 64,797 | 72,498
|  | -------- | --------

Chessman Advisory Limited

Statement of Financial Position (continued)

31 October 2025

| 2025 | 2024
Note | £ | £ | £

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | 64,697 | 72,398
|  | -------- | --------
Shareholders funds |  | 64,797 | 72,498
|  | -------- | --------

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 October 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 were approved by the board of directors and authorised for issue on 10 August 2026 , and are signed on behalf of the board by:

Mr M F Chessman | Mrs J P Chessman
Director | Director

Company registration number: 12921026

Chessman Advisory Limited

Notes to the Financial Statements

Year ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Midway House, Herrick Way, Staverton Technology Park, Staverton, Cheltenham, GL51 6TQ, England.
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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 subsequently stated at cost less any accumulated depreciation and impairment losses.
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:

| Office equipment | - | 33% reducing balance
| Motor vehicle | - | 25% reducing balance
| Computer equipment | - | 33% 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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets

| Office equipment | Motor vehicle | Computer equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 November 2024 | 498 | 87,023 | 791 | 88,312
Additions | – | – | 133 | 133
| ---- | -------- | ---- | --------
At 31 October 2025 | 498 | 87,023 | 924 | 88,445
| ---- | -------- | ---- | --------
Depreciation |  |  |  |
At 1 November 2024 | 41 | 53,370 | 585 | 53,996
Charge for the year | 151 | 8,413 | 80 | 8,644
| ---- | -------- | ---- | --------
At 31 October 2025 | 192 | 61,783 | 665 | 62,640
| ---- | -------- | ---- | --------
Carrying amount |  |  |  |
At 31 October 2025 | 306 | 25,240 | 259 | 25,805
| ---- | -------- | ---- | --------
At 31 October 2024 | 457 | 33,653 | 206 | 34,316
| ---- | -------- | ---- | --------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 600 | –
Other debtors | 820 | 1,052
| ------- | -------
| 1,420 | 1,052
| ------- | -------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 170 | 194
Other creditors | 38,426 | 34,520
| -------- | --------
| 38,596 | 34,714
| -------- | --------

8. Related party transactions
At the reporting date the company owed £35,336 (2024 - £31,639) relating to loans received from the directors. No interest has been charged by the directors on these loans.