CHG Inter-Trading Limited - Period Ending 2014-09-30

Registration number: 06700764

CHG Inter-Trading Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2014
 

M J Vousden FCCA t/a AIMS
Synegis House
Crockhamwell Road
Woodley
Reading
Berkshire
RG5 3LE

CHG Inter-Trading Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

CHG Inter-Trading Limited
(Registration number: 06700764)
Abbreviated Balance Sheet at 30 September 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					8,946			11,448
Current assets
Debtors					50,645			9,971
Cash at bank and in hand					3,191			220
					53,836			10,191
Creditors: Amounts falling due within one year					(37,698)			(36,376)
Net current assets/(liabilities)					16,138			(26,185)
Total assets less current liabilities					25,084			(14,737)
Creditors: Amounts falling due after more than one year					-			(3,000)
Net assets/(liabilities)					25,084			(17,737)
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					24,084			(18,737)
Shareholders' funds/(deficit)					25,084			(17,737)

For the year ending 30 September 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 director acknowledges his 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 director on 30 June 2015

.........................................
Mr R M Chevalier-Hernandez
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

CHG Inter-Trading Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33.33% straight line basis
Motor vehicle	20.00% reducing balance

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

CHG Inter-Trading Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2013		25,760			25,760
At 30 September 2014		25,760			25,760
Depreciation
At 1 October 2013		14,312			14,312
Charge for the year		2,502			2,502
At 30 September 2014		16,814			16,814
Net book value
At 30 September 2014		8,946			8,946
At 30 September 2013		11,448			11,448

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		1,000			1,000			1,000			1,000

Page 3