CHALKFIELD WINCHESTER LIMITED - Accounts to registrar (filleted) - small 18.2
CHALKFIELD WINCHESTER LIMITED - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2019 |
| FOR |
| CHALKFIELD WINCHESTER LIMITED |
| CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31st March 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CHALKFIELD WINCHESTER LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31st March 2019 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 222 Upper Richmond Road West |
| London |
| SW14 8AH |
| CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822) |
| BALANCE SHEET |
| 31st March 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Profit and loss - non-distributable reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822) |
| BALANCE SHEET - continued |
| 31st March 2019 |
| 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 by: |
| CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31st March 2019 |
| 1. | STATUTORY INFORMATION |
| CHALKFIELD WINCHESTER LIMITED is a |
| Wales. 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 |
| Turnover |
| Turnover represents rental income received or receivable, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st March 2019 |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st April 2018 |
| and 31st March 2019 |
| DEPRECIATION |
| At 1st April 2018 |
| and 31st March 2019 |
| NET BOOK VALUE |
| At 31st March 2019 |
| At 31st March 2018 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st April 2018 |
| Revaluations | (13,000 | ) |
| At 31st March 2019 |
| NET BOOK VALUE |
| At 31st March 2019 |
| At 31st March 2018 |
| Fair value at 31st March 2019 is represented by: |
| £ |
| Valuation in 2017 | 184,843 |
| Valuation in 2018 | 54,560 |
| Valuation in 2019 | (13,000 | ) |
| Cost | 483,597 |
| 710,000 |
| If investment properties had not been revalued they would have been included at the following historical cost: |
| 2019 | 2018 |
| £ | £ |
| Cost | 483,597 | 483,597 |
| Investment properties were valued on an open market basis on 31st March 2019 by the directors . |
| CHALKFIELD WINCHESTER LIMITED (REGISTERED NUMBER: 04110822) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st March 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs non-inst |
| Capital Home Loan Mortgage |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| Within other debtors at 31st March 2019 is a loan for £15,000 (2018 - £69,093) to Millgate (Winchester) |
| Limited a company of which both Mr R Carter and Mr A Surtees are directors. The loan is interest free and |
| repayable on demand. |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £20,000 (2018 - £17,400) were paid to the directors . |
| i) The company is related to Millgate (Winchester) Limited by virtue of both companies having a common board |
| of directors/shareholders relationship. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The directors are the ultimate controlling party. |