Company Registration No. 09555121 (England and Wales)
Chemys Limited
Unaudited accounts
for the year ended 30 April 2023
Chemys Limited
Unaudited accounts
Contents
Chemys Limited
Company Information
for the year ended 30 April 2023
Directors
Venichand Ranmal Harania
Siddhit Shah
Company Number
09555121 (England and Wales)
Registered Office
550 UXBRIDGE ROAD
PINNER
MIDDLESEX
HA5 3LX
UNITED KINGDOM
Chemys Limited
Statement of financial position
as at 30 April 2023
Tangible assets
5,877
5,907
Cash at bank and in hand
724,262
552,128
Creditors: amounts falling due within one year
(172,856)
(135,195)
Net current assets
817,425
618,217
Net assets
823,302
624,124
Called up share capital
200
200
Profit and loss account
823,102
623,924
Shareholders' funds
823,302
624,124
For the year ending 30 April 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.
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 27 October 2023 and were signed on its behalf by
Siddhit Shah
Director
Company Registration No. 09555121
Chemys Limited
Notes to the Accounts
for the year ended 30 April 2023
Chemys Limited is a private company, limited by shares, registered in England and Wales, registration number 09555121. The registered office is 550 UXBRIDGE ROAD, PINNER, MIDDLESEX, HA5 3LX, UNITED KINGDOM.
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.
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
20% Straight Line Method
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2022
5,713
12,737
18,450
At 30 April 2023
5,713
12,941
18,654
At 1 May 2022
-
12,543
12,543
Charge for the year
-
234
234
At 30 April 2023
-
12,777
12,777
At 30 April 2023
5,713
164
5,877
At 30 April 2022
5,713
194
5,907
Chemys Limited
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
Trade debtors
198,509
128,891
Accrued income and prepayments
11,392
9,672
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
40,732
27,443
Taxes and social security
72,201
65,023
Other creditors
411
10,000
Loans from directors
147
1,223
7
Operating lease commitments
2023
2022
At 30 April 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
21,000
14,000
Later than one year and not later than five years
57,750
52,500
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).