Chapter House Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC091517 (Scotland)

Unaudited Financial Statements

for the Year Ended 27 November 2018

for

CHAPTER HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I J Metcalfe

Mrs D S Metcalfe

SECRETARY:

Mrs D S Metcalfe

REGISTERED OFFICE:

120 Bothwell Street

Glasgow

G2 7JL

REGISTERED NUMBER:

SC091517 (Scotland)

ACCOUNTANTS:

Alvis & Company (Accountants) Limited

Milton House

33a Milton Road

Hampton

Middlesex

TW12 2LL

FIXED ASSETS

Tangible assets

4

3,882

4,708

Investments

5

-

125

3,882

4,833

CURRENT ASSETS

Stocks

373,461

496,193

Debtors

6

21,611

51,177

Cash at bank and in hand

202,167

199,096

597,239

746,466

CREDITORS

Amounts falling due within one year

7

(26,560

)

(103,842

)

NET CURRENT ASSETS

570,679

642,624

TOTAL ASSETS LESS CURRENT LIABILITIES

574,561

647,457

CAPITAL AND RESERVES

Called up share capital

8

120,000

120,000

Retained earnings

454,561

527,457

SHAREHOLDERS' FUNDS

574,561

647,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 November 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 26 March 2019 and were signed on its behalf by:

Mrs D S Metcalfe - Director

I J Metcalfe - Director

1.	STATUTORY INFORMATION

Chapter House Limited is a private company, limited by shares , registered in Scotland. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102

'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related

party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on reducing balance

Website

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

Website

equipment

Totals

£

£

£

£

£

COST

At 28 November 2017

3,740

6,767

6,968

7,836

25,311

Additions

627

646

-

130

1,403

Disposals

-

-

-

(519

)

(519

)

At 27 November 2018

4,367

7,413

6,968

7,447

26,195

DEPRECIATION

At 28 November 2017

1,859

6,067

6,968

5,709

20,603

Charge for year

596

337

-

1,296

2,229

Eliminated on disposal

-

-

-

(519

)

(519

)

At 27 November 2018

2,455

6,404

6,968

6,486

22,313

NET BOOK VALUE

At 27 November 2018

1,912

1,009

-

961

3,882

At 27 November 2017

1,881

700

-

2,127

4,708

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

27.11.18

27.11.17

£

£

Lion Hudson PLC

-

125

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

27.11.18

27.11.17

£

£

Trade debtors

20,483

49,632

Other debtors

1,128

1,545

21,611

51,177

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

27.11.18

27.11.17

£

£

Trade creditors

539

27,511

Taxation and social security

22,753

34,779

Other creditors

3,268

41,552

26,560

103,842

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

27.11.18

27.11.17

value:

£

£

120,000

Ordinary

1

120,000

120,000