Chartax Accountancy Ltd


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Registered number: 08505847
Chartax Accountancy Ltd
Abbreviated accounts
For The Year Ended 30 April 2014
Abbreviated Balance Sheet
2014
Notes £ £
FIXED ASSETS
Tangible assets 2 337
337
Creditors: Amounts Falling Due Within One Year (1,143)
NET CURRENT ASSETS (LIABILITIES) (1,143)
TOTAL ASSETS LESS CURRENT LIABILITIES (806)
NET ASSETS (806)
CAPITAL AND RESERVES
Called up share capital 3 100
Profit and Loss account (906)
SHAREHOLDERS' FUNDS (806)
For the year ending 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr Riswan Farook
26/01/2015
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Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Reducing Balance Method
Computer Equipment 25% Reducing Balance Method
Tangible Assets
Total
Cost £
As at 26 April 2013 -
Additions 450
As at 30 April 2014 450
Depreciation
As at 26 April 2013 -
Provided during the period 113
As at 30 April 2014 113
Net Book Value
As at 30 April 2014 337
As at 26 April 2013 -
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Share Capital
Value Number 2014
Allotted, called up and fully paid: £ £
Ordinary shares 1.000 100 100
Nominal value Number Amount
Shares issued during the period: £ £
Ordinary shares 1.000 100 100
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