REGISTERED NUMBER: 02463600 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Chimera Agencies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A G Stephenson

REGISTERED OFFICE:

18 Oak Industrial Park

Dunmow

Essex

CM6 1XN

REGISTERED NUMBER:

02463600 (England and Wales)

AUDITORS:

Nordens Audit Limited

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

1,681,184

748,500

Investments

5

854,585

886,272

2,535,769

1,634,772

CURRENT ASSETS

Debtors

6

334,858

520,125

Cash at bank and in hand

3,575,378

4,337,323

3,910,236

4,857,448

CREDITORS

Amounts falling due within one year

7

370,995

432,081

NET CURRENT ASSETS

3,539,241

4,425,367

TOTAL ASSETS LESS CURRENT LIABILITIES

6,075,010

6,060,139

PROVISIONS FOR LIABILITIES

8

11,204

9,050

NET ASSETS

6,063,806

6,051,089

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6,063,804

6,051,087

6,063,806

6,051,089

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 director and authorised for issue on 8 September 2026 and were signed by:

Mr A G Stephenson - Director

1.	STATUTORY INFORMATION

Chimera Agencies 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 as modified by the revaluation of certain assets.

Turnover

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

Turnover from the provision of shipping services is recognised by reference to the stage of completion of the transaction at the balance sheet date. Stage of completion is assessed based on the proportion of the service performed at that date. Revenue is only recognised when the outcome of the transaction can be estimated reliably; it is probable that the economic benefits associated with the transaction will flow to the company; and the costs incurred and the costs to complete the transaction can be measured reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent that the costs incurred are recoverable.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Financial instruments

Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classed as basic financial instruments and are initially measured at transaction price.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and short-term deposits with an original maturity date of three months or less.

Loans and borrowings are classified as basic financial instruments and are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument, unless exempt from such treatment.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

710,868

21,970

53,238

81,913

867,989

Additions

997,344

16,530

1,310

2,165

1,017,349

At 31 December 2025

1,708,212

38,500

54,548

84,078

1,885,338

DEPRECIATION

At 1 January 2025

-

10,547

35,803

73,139

119,489

Charge for year

76,019

4,193

2,812

1,641

84,665

At 31 December 2025

76,019

14,740

38,615

74,780

204,154

NET BOOK VALUE

At 31 December 2025

1,632,193

23,760

15,933

9,298

1,681,184

At 31 December 2024

710,868

11,423

17,435

8,774

748,500

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

886,272

Additions

94,423

At 31 December 2025

980,695

PROVISIONS

Exchange differences

126,110

At 31 December 2025

126,110

NET BOOK VALUE

At 31 December 2025

854,585

At 31 December 2024

886,272

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2025

980,695

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

245,136

338,640

Other debtors

89,722

181,485

334,858

520,125

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

293,131

383,844

Taxation and social security

24,067

30,407

Other creditors

53,797

17,830

370,995

432,081

8.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

11,204

9,050

Deferred

tax

£

Balance at 1 January 2025

9,050

Provided during year

2,154

Balance at 31 December 2025

11,204

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Lorraine Curtis ACA BFP FCCA (Senior Statutory Auditor)

for and on behalf of Nordens Audit Limited

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A G Stephenson.