Abbreviated Company Accounts - CHARTERAGE LIMITED

CHARTERAGE LIMITED - Company Information

Registered Number 07644781

CHARTERAGE LIMITED

Abbreviated Accounts

31 May 2014

CHARTERAGE LIMITED Registered Number 07644781

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	862	-
		862	-
Current assets
Debtors		35,835	33,586
Cash at bank and in hand		1,107	5,369
		36,942	38,955
Creditors: amounts falling due within one year		(4,777)	(20,362)
Net current assets (liabilities)		32,165	18,593
Total assets less current liabilities		33,027	18,593
Creditors: amounts falling due after more than one year		(7,563)	-
Total net assets (liabilities)		25,464	18,593
Capital and reserves
Called up share capital		3	3
Profit and loss account		25,461	18,590
Shareholders' funds		25,464	18,593

For the year ending 31 May 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 March 2015

And signed on their behalf by:
P A Dabner, Director

CHARTERAGE LIMITED Registered Number 07644781

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of VAT, in respect of of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided at rates designed to write off the cost of the asset, less any estimated residual value, over the working life of the asset at the following rates:
Plant and machinery - 25% per annum - straight line

2Tangible fixed assets

	£
Cost
At 1 June 2013	-
Additions	1,150
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	1,150
Depreciation
At 1 June 2013	-
Charge for the year	288
On disposals	-
At 31 May 2014	288
Net book values
At 31 May 2014	862
At 31 May 2013	-