Chadwell Street Limited - Accounts to registrar (filleted) - small 18.2

Chadwell Street Limited - Accounts to registrar (filleted) - small 18.2

CHADWELL STREET LIMITED - Company Information

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REGISTERED NUMBER: 10976344 (England and Wales)












Chadwell Street Limited

Unaudited Financial Statements for the Year Ended 30 September 2019





Chadwell Street Limited (Registered number: 10976344)






Contents of the Financial Statements
for the Year Ended 30 September 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Chadwell Street Limited

Company Information
for the Year Ended 30 September 2019







DIRECTORS: P Tasou
C Tasou
C Ploutarhou





REGISTERED OFFICE: 13 Vansittart Estate
Windsor
Berkshire
SL4 1SE





REGISTERED NUMBER: 10976344 (England and Wales)





ACCOUNTANTS: Cottrill Mason Ltd
13 Vansittart Estate
Windsor
Berkshire
SL4 1SE
Page 1
Chadwell Street Limited (Registered number: 10976344)

Balance Sheet
30 September 2019

30.9.19 30.9.18
Notes £    £   
CURRENT ASSETS
Stocks 4,762,399 4,762,399
Debtors 4 10,337 21,291
Cash at bank 53,020 101,089
4,825,756 4,884,779
CREDITORS
Amounts falling due within one year 5 2,446,555 2,273,229
NET CURRENT ASSETS 2,379,201 2,611,550
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,379,201
2,611,550

CREDITORS
Amounts falling due after more than one
year
6
2,892,000
2,892,000
NET LIABILITIES (512,799 ) (280,450 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (512,899 ) (280,550 )
(512,799 ) (280,450 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 12 May 2020
and were signed on its behalf by:



P Tasou - Director


The notes form part of these financial statements

Page 2
Chadwell Street Limited (Registered number: 10976344)

Notes to the Financial Statements
for the Year Ended 30 September 2019

1. STATUTORY INFORMATION

Chadwell Street Limited is a private company, limited by shares , registered in England and 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and
handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Other debtors 10,337 21,291

Page 3 continued...
Chadwell Street Limited (Registered number: 10976344)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Trade creditors 39,226 96,400
Other creditors 2,407,329 2,176,829
2,446,555 2,273,229

Included under 'Other Creditors' of £2,407,328 are balances owed to Dome Developments (Highbury)
Limited - £1,209,414, Alister Flower - £587,207, and Chris Ploutarhou - £609,707.

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.19 30.9.18
£    £   
Bank loans 2,892,000 2,892,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,892,000 2,892,000

7. RELATED PARTY DISCLOSURES

Dome Developments (Highbury) Limited

Paul Tasou and Chrysostomos Tasou are both shareholders of Dome Developments (Highbury)
Limited, which has invested £1,209,414 in Chadwell Street Limited. This amount remains
outstanding at the year end.




8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dome Developments (Highbury)Limited.

Page 4