Chrome Curve Limited,Ltd - AccountsLtd - Accounts

Chrome Curve Limited,Ltd - AccountsLtd - Accounts

CHROME CURVE LIMITED - Company Information

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2018-12-01 08293621 2019-11-30 08293621 2018-12-01 2019-11-30 08293621 2018-11-30 08293621 2017-12-01 2018-11-30 08293621 uk-core:WithinOneYear 2018-11-30 08293621 uk-core:WithinOneYear 2019-11-30 08293621 uk-core:ShareCapital 2019-11-30 08293621 uk-core:ShareCapital 2018-11-30 08293621 uk-core:RetainedEarningsAccumulatedLosses 2019-11-30 08293621 uk-core:RetainedEarningsAccumulatedLosses 2018-11-30 08293621 uk-bus:Director1 2018-12-01 2019-11-30 08293621 uk-core:ToolsEquipment 2018-12-01 2019-11-30 08293621 uk-core:FurnitureFittings 2018-12-01 2019-11-30 iso4217:GBP xbrli:pure 08293621 uk-bus:AuditExemptWithAccountantsReport 2018-12-01 2019-11-30 08293621 uk-bus:FRS102 2018-12-01 2019-11-30 08293621 uk-bus:FullAccounts 2018-12-01 2019-11-30 08293621 uk-bus:PrivateLimitedCompanyLtd 2018-12-01 2019-11-30
Chrome Curve Limited
Registered Number:08293621
For the year ended 30 November 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2019
Chrome Curve Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08293621
As at 30 November 2019
Chrome Curve Limited
Statement of Financial Position
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
1,264
1,262
1,264
1,262
Current assets
Trade and other receivables
14,093
18,129
2
14,936
Cash and cash equivalents
32,859
50,988
29,029
Trade and other payables: amounts falling due within one
year
(28,986)
(32,140)
3
43
18,848
Net current assets
Total assets less current liabilities
20,112
1,305
20,112
Net assets
1,305
Capital and reserves
Called up share capital
100
100
Retained earnings
20,012
1,205
20,112
1,305
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Andrew John Papas Director
These financial statements were approved and authorised for issue by the Board on 26 October 2020 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2019
Chrome Curve Limited
Notes to the Financial Statements
Statutory Information
Chrome Curve Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08293621.
Principal place of business:
1 Russet Drive
Shirley
Croydon
Surrey
CR0 7DS
Registered address:
266-268 WICKHAM ROAD
SHIRLEY
CROYDON
SURREY
CR0 8BJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Trade and other receivables
2018
2019
£
£
Trade debtors
4,500
4,500
Other debtors
13,629
9,593
14,093
18,129
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5
For the year ended 30 November 2019
Chrome Curve Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Taxation and social security
31,490
28,340
Other creditors
650
646
32,140
28,986
4. Directors advances and guarantees
During the year, loans were made to a director, Mr Andrew Papas. The maximum amount of the loan was £11,919,
which was also the amount outstanding to the Company at the balance sheet date. This loan was repaid to the
Company in full on 25 August 2020.
5. Average number of persons employed
During the year the average number of employees was 3 (2018 : 3)
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