Company Registration No. 06496021 (England and Wales)
CHASE & ASSOCIATES LIMITED
Unaudited accounts
for the year ended 28 February 2023
CHASE & ASSOCIATES LIMITED
Unaudited accounts
Contents
CHASE & ASSOCIATES LIMITED
Company Information
for the year ended 28 February 2023
Directors
Sarah Chase
Colin Chase
Company Number
06496021 (England and Wales)
Registered Office
REGENT HOUSE
FOLDS ROAD
BOLTON
BL1 2RZ
ENGLAND
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
CHASE & ASSOCIATES LIMITED
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
11,055
17,047
Creditors: amounts falling due within one year
(10,147)
(5,580)
Net current assets
7,654
13,052
Total assets less current liabilities
9,206
13,725
Creditors: amounts falling due after more than one year
(8,756)
(12,232)
Called up share capital
3
3
Profit and loss account
447
1,490
Shareholders' funds
450
1,493
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by
Colin Chase
Director
Company Registration No. 06496021
CHASE & ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 28 February 2023
CHASE & ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06496021. The registered office is REGENT HOUSE, FOLDS ROAD, BOLTON, BL1 2RZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Total
At 28 February 2023
13,858
At 28 February 2023
12,306
CHASE & ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 28 February 2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
1 Ordinary A shares of £1 each
1
1
1 Ordinary C shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 4 (2022: 3).
