General Information
Chaos Internet Ltd is a private company, limited by shares, registered in England and Wales, registration number 06058324, registration address Unit 11 Arthur Business Park, Thorby Avenue , March, PE15 0AZ.
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.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
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:
| Computer Equipment |
25 Straight Line
|
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 8 (2025 : 10).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Computer Equipment |
|
Total |
| |
£ |
|
£ |
| At 01 February 2025 |
33,768 |
|
33,768 |
| Additions |
2,374 |
|
2,374 |
| Disposals |
- |
|
- |
| At 31 January 2026 |
36,142 |
|
36,142 |
| Depreciation |
| At 01 February 2025 |
31,858 |
|
31,858 |
| Charge for year |
1,783 |
|
1,783 |
| On disposals |
- |
|
- |
| At 31 January 2026 |
33,641 |
|
33,641 |
| Net book values |
| Closing balance as at 31 January 2026 |
2,501 |
|
2,501 |
| Opening balance as at 01 February 2025 |
1,910 |
|
1,910 |
|
| 4. |
Investments
| Cost |
Investments in group undertakings |
|
Total |
| |
£ |
|
£ |
| At 01 February 2025 |
1 |
|
1 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 January 2026 |
1 |
|
1 |
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:| Undertaking | Registered office | Holding | Proportion of voting rights and shares held 2026 | 2025 | | Subsidiary undertaking | | Sunlounger Travel Group Ltd | Unit 11 Arthur Park, Thorby Avenue, March, Cambridgeshire, PE15 0AZ, England | 1 Ordinary share | 100% | 100% |
|
| 5. |
Debtors: amounts falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Debtors |
18,001 |
|
13,073 |
| Amounts owed by related parties |
413,876 |
|
463,495 |
|
431,877 |
|
476,568 |
|
| 6. |
Creditors: amount falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Creditors |
499 |
|
1,654 |
| Bank Loans & Overdrafts |
74,159 |
|
65,748 |
| Corporation Tax |
- |
|
13,022 |
| PAYE & Social Security |
11,873 |
|
4,444 |
| Accrued Expenses |
1,558 |
|
- |
| Other Creditors |
29,694 |
|
24,997 |
| Directors' Current Accounts |
1,103 |
|
451 |
| VAT |
26,938 |
|
20,566 |
|
145,824 |
|
130,882 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2026
£ |
|
2025
£ |
| Bank Loans & Overdrafts |
110,389 |
|
184,547 |
|
110,389 |
|
184,547 |
|
| 8. |
Provisions for liabilities
|
2026
£ |
|
2025
£ |
| Deferred Tax |
462 |
|
870 |
| Charged to Profit & Loss |
163 |
|
(408) |
|
625 |
|
462 |
|
| 9. |
Related parties
During the year the company entered into the following transactions with related parties: | Transaction value - income/(expenses) | | Balance owed by/(owed to) |
|---|
| 2026
£ | | 2025
£ | | 2026
£ | | 2025
£ |
|---|
| Sunlounger Travel Group Ltd | - | | - | | 313,876 | | 363,495 | | Blue Merle Property Ltd | - | | - | | 100,000 | | 100,000 |
During the year the company advanced £10,000 to Sunlounger Travel Group Ltd and was repaid £59,618. The loan is unsecured, interest free and repayable on demand. At the year end Blue Merle Property Ltd owed the company £100,000. The loan is unsecured, interest free and repayable on demand. |
| 10. |
Advances and Credits
Iain Alexander Kirkbright During the year Iain Alexander Kirkbright, a director, had advances totalling £11,549, of which £11,549 was repaid, leaving nothing owed to the company at the year end. The advances are unsecured, interest free, have no fixed repayment date and are repayable on demand. No amounts were released, written off or waived during the year. | Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Iain Alexander Kirkbright | - | | 11,549 | | - | | 11,549 | | - | | - | | - | | - | | 11,549 | | - | | 11,549 | | - | | - | | - |
| Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Iain Alexander Kirkbright | - | | - | | - | | - | | - | | - | | - | | - | | - | | - | | - | | - | | - | | - |
|
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