Chorley Hall Lane (GB) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10125329 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2021

FOR

CHORLEY HALL LANE (GB) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr T R Morgan

Mr W Seddon

REGISTERED OFFICE:

Didsbury House

748 Wilmslow Road

Greater Manchester

M20 2DW

REGISTERED NUMBER:

10125329 (England and Wales)

ACCOUNTANTS:

KJG

1 City Road East

Manchester

M15 4PN

CURRENT ASSETS

Cash at bank

74

376

CREDITORS

Amounts falling due within one year

4

(375,533

)

(335,297

)

NET CURRENT LIABILITIES

(375,459

)

(334,921

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(375,459

)

(334,921

)

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

(375,461

)

(334,923

)

SHAREHOLDERS' FUNDS

(375,459

)

(334,921

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2021 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th June 2022 and were signed on its behalf by:

Mr T R Morgan - Director

1.	STATUTORY INFORMATION

Chorley Hall Lane (GB) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10125329. The address of the registered office and principal place of business is Didsbury House, 748 Wilmslow Road, Greater Manchester, England, M20 2DW.

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.

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the

effective interest method, less impairment losses for bad and doubtful debts except where the effect of

discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for

bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other creditors

375,533

335,297

5.	SECURED DEBTS

The following secured debts are included within creditors:

2021

2020

£

£

Seddon Investments Limited

375,533

335,297

A fixed charge and negative pledge was taken on 26th September 2016 in respect of Seddon Investments Limited.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

2

Ordinary

1

2

2