Chordata Solutions Ltd,Ltd - AccountsLtd - Accounts

CHORDATA SOLUTIONS LTD - Company Information

Print Friendly Version

Chordata Solutions Ltd

Registered Number:08074836

For the year ended 31 May 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 May 2023

Chordata Solutions Ltd

Contents Page

Statement of Financial Position

2 to 3

Notes to the Financial Statements

Registered Number :

08074836

As at 31 May 2023

Chordata Solutions Ltd

Statement of Financial Position

2022

2023

Notes

Fixed assets

Property, plant and equipment

44,678

Current assets

53,404

Cash and cash equivalents

43,140

53,404

Trade and other payables: amounts falling due within one

year

(44,742)

(21,272)

8,662

21,868

Net current assets

Total assets less current liabilities

66,546

53,340

Trade and other payables: amounts falling due after more

than one year

(41,479)

(31,864)

34,682

Net assets

11,861

Capital and reserves

Called up share capital

Retained earnings

34,681

11,860

34,682

11,861

Shareholders' funds

For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006

The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Marie Mason Director

These financial statements were approved and authorised for issue by the Board on 18 September 2023 and were signed by:

The notes form part of these financial statements

1 of 3

For the year ended 31 May 2023

Chordata Solutions Ltd

Notes to the Financial Statements

Statutory Information

Chordata Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration

number 08074836.

Registered address:

Unit 2, St James Court

Bridgnorth Road

Wollaston

West Midlands

DY8 3QG

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

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:

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2. Property, plant and equipment

Total

Computer

equipment

Fixtures and

fittings

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 June 2022

44,678

1,500

35,195

6,483

At 31 May 2023

35,195

1,500

44,678

6,483

At 31 May 2023

Net book value

6,483

35,195

1,500

44,678

At 31 May 2022

6,483

35,195

1,500

44,678

2 of 3

For the year ended 31 May 2023

Chordata Solutions Ltd

Notes to the Financial Statements Continued

3. Trade and other payables: amounts falling due within one year

2022

2023

Trade creditors

16,433

Taxation and social security

13,731

20,768

Other creditors

7,541

21,272

44,742

4. Trade and other payables: amounts falling due after more than one year

2022

2023

Bank loans and overdraft

13,146

16,479

Other creditors

18,718

25,000

31,864

41,479

5. Average number of persons employed

During the year the average number of employees was 0 (2022 : 2)

3 of 3