Company No: 9977482 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	2,436		6,825
		2,436		6,825
Current assets
Stocks		3,000		3,000
Debtors
- due within one year	4	199,681		183,163
- due after more than one year	4	0		1,805
Cash at bank and in hand		82,482		21,036
		285,163		209,004
Creditors: amounts falling due within one year	5	( 285,747)		( 210,500)
Net current liabilities		(584)		(1,496)
Total assets less current liabilities		1,852		5,329
Creditors: amounts falling due after more than one year	6	0		( 3,530)
Net assets		1,852		1,799
Capital and reserves
Called-up share capital	7	2		2
Profit and loss account		1,850		1,797
Total shareholders' funds		1,852		1,799

For the financial year ending 31 January 2026 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Chat-Com Ltd. (registered number: 9977482) were approved and authorised for issue by the Board of Directors on 20 October 2026. They were signed on its behalf by:

Mr J Page-Chatton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Chat-Com Ltd. (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 16, Builders Yard, Lower Cross, Hinton St Mary, Sturminster Newton, Dorset, DT10 1NA, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Short term benefits
Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	3 years straight line
Office equipment	25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

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

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		6

3. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 February 2025	17,990		8,640		26,630
Additions	0		1,980		1,980
Disposals	( 17,990)		0		( 17,990)
At 31 January 2026	0		10,620		10,620
Accumulated depreciation
At 01 February 2025	12,298		7,507		19,805
Charge for the financial year	1,067		677		1,744
Disposals	( 13,365)		0		( 13,365)
At 31 January 2026	0		8,184		8,184
Net book value
At 31 January 2026	0		2,436		2,436
At 31 January 2025	5,692		1,133		6,825

4. Debtors

	2026		2025
	£		£
Debtors: amounts falling due within one year
Trade debtors	28,074		34,128
Other debtors	171,607		149,035
	199,681		183,163
Debtors: amounts falling due after more than one year
Deferred tax asset	0		1,805

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	0		10,362
Trade creditors	640		2,436
Amounts owed to directors	0		1,783
Accruals	274,680		167,985
Deferred tax liability	450		0
Taxation and social security	9,815		25,982
Other creditors	162		1,952
	285,747		210,500

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		3,530

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
170 A ordinary shares of £ 0.01 each (2025: 180 shares of £ 0.01 each)	1.70		1.80
30 B ordinary shares of £ 0.01 each (2025: 20 shares of £ 0.01 each)	0.30		0.20
	2.00		2.00

8. Related party transactions

At the year end the company was owed £24,302 (2024: was owed £10,169) by Mr J Page-Chatton. This amount is interest free and repayable on demand.