Company Registration No. 07129225 (England and Wales)
Capital Chem Ltd
Filleted accounts
for the year ended 31 January 2019
Capital Chem Ltd
Filleted accounts
Contents
Capital Chem Ltd
Company Information
for the year ended 31 January 2019
Directors
Mr Mohammed Anwar Bharuchi
Mrs Raheela Bharuchi
Company Number
07129225 (England and Wales)
Registered Office
23 Gwendolen Road
Leicester
LE5 5FL
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Capital Chem Ltd
Statement of financial position
as at 31 January 2019
Cash at bank and in hand
4,040
795
Creditors: amounts falling due within one year
(3,698)
(1,854)
Net current assets
342
1,441
Called up share capital
2
2
Profit and loss account
340
1,439
Shareholders' funds
342
1,441
For the year ending 31 January 2019 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 October 2019.
Mr Mohammed Anwar Bharuchi
Director
Company Registration No. 07129225
Capital Chem Ltd
Notes to the Accounts
for the year ended 31 January 2019
Capital Chem Ltd is a private company, limited by shares, registered in England and Wales, registration number 07129225. The registered office is 23 Gwendolen Road, Leicester, LE5 5FL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Investments held as current assets
2019
2018
Unlisted investments
-
2,500
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
-
682
Capital Chem Ltd
Notes to the Accounts
for the year ended 31 January 2019
Allotted, called up and fully paid:
1 A Ordinary shares of £1 each
1
1
1 B Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 2 (2018: 2).
