REGISTERED NUMBER: 16239401 (England and Wales)

CHIMERA BRAND DEVELOPMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 10 FEBRUARY 2025 TO 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A D Bratten

S P Ferreira

L C Schijvens

D B Cunningham

REGISTERED OFFICE:

167-169 Great Portland Street

London

W1W 5PF

REGISTERED NUMBER:

16239401 (England and Wales)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Intangible assets

4

15,354

CURRENT ASSETS

Stocks

508,059

Debtors

5

1,568,414

Cash at bank

85,415

2,161,888

CREDITORS

Amounts falling due within one year

6

2,018,565

NET CURRENT ASSETS

143,323

TOTAL ASSETS LESS CURRENT LIABILITIES

158,677

CREDITORS

Amounts falling due after more than one year

7

350,001

NET LIABILITIES

(191,324

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

(191,424

)

SHAREHOLDERS' FUNDS

(191,324

)

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the Company to obtain an audit of its financial statements for the period ended 31 December 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 18 September 2026 and were signed on its behalf by:

A D Bratten - Director

1.	STATUTORY INFORMATION

Chimera Brand Development Ltd 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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation. Amortisation is provided to write off the initial cost less residual value over 5 years.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current 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 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.

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.

Going concern

The directors have prepared the accounts on a going concern basis despite there being net liabilities at the balance sheet date as the company is meeting its liabilities as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 .

4.	INTANGIBLE FIXED ASSETS

Website

£

COST

Additions

16,558

At 31 December 2025

16,558

AMORTISATION

Amortisation for period

1,204

At 31 December 2025

1,204

NET BOOK VALUE

At 31 December 2025

15,354

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,387,115

Other debtors

167,408

Tax recoverable

13,891

1,568,414

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

495,270

Taxation and social security

322,767

Other creditors

1,200,528

2,018,565

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

350,001

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Other creditors

1,074,051

Included within other creditors is an amount of £1,074,051 which has been drawn down under an invoice factoring agreement. Invoices issued under this agreement are subject to a fixed and floating charge.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,000

Ordinary

£0.10

100

1,000 Ordinary shares of £0.10 each were allotted and fully paid for cash at par during the period.