ASHFORD CHACE LIMITED

ASHFORD CHACE LIMITED

ASHFORD CHACE LIMITED - Company Information

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ASHFORD CHACE LIMITED

Company Registration Number:
00616109 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

ASHFORD CHACE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

ASHFORD CHACE LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 0 15,000
Total fixed assets: 0 15,000
Current assets
Debtors:   1,718 1,444
Cash at bank and in hand: 21,588 12,099
Investments: 4 60,905 69,322
Total current assets: 84,211 82,865
Creditors: amounts falling due within one year:   (26,103) (24,688)
Net current assets (liabilities): 58,108 58,177
Total assets less current liabilities: 58,108 73,177
Creditors: amounts falling due after more than one year:   (4,888) (9,048)
Total net assets (liabilities): 53,220 64,129
Capital and reserves
Called up share capital: 12,713 12,713
Profit and loss account: 40,507 51,416
Shareholders funds: 53,220 64,129

The notes form part of these financial statements

ASHFORD CHACE LIMITED

Balance sheet statements

For the year ending 31 December 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 September 2019
and signed on behalf of the board by:

Name: Mrs Julia Scott
Status: Director

The notes form part of these financial statements

ASHFORD CHACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue is measured at the fair value of the consideration received or receivable

Tangible fixed assets and depreciation policy

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed asset over its expected useful life.

ASHFORD CHACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

2018 2017
Average number of employees during the period 0 0

ASHFORD CHACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Tangible Assets

Total
Cost £
At 01 January 2018 15,000
Disposals (15,000)
At 31 December 2018 0
Net book value
At 31 December 2018 0
At 31 December 2017 15,000

ASHFORD CHACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Current investments

The investments comprise investments listed on the London Stock Exchange which are included at market value at the end of the financial year. The cost of the investments held at 31 December 2018 was £36007.Under FRS 102 any gain or loss on the investments is shown in the profit and loss statement.

ASHFORD CHACE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

5. Related party transactions

Name of the related party: Executors of the estate of Mr A Livock
Relationship:
Majority shareholder
Description of the Transaction: The executors settled some of the company's expenses during the year due to the company bank account being frozen during the period.The amount due by the company is repayable on demand and included in other creditors due within one year.
£
Balance at 01 January 2018 23,344
Balance at 31 December 2018 23,365