Chalk & Lime Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09628706 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2020

for

Chalk & Lime Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Frankl

REGISTERED OFFICE:

46 Barrow Point Avenue

Pinner

Middlesex

HA5 3HF

REGISTERED NUMBER:

09628706 (England and Wales)

ACCOUNTANTS:

Astons Accountants

Chartered Certified Accountants

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

FIXED ASSETS

Tangible assets

4

22,751

28,799

CURRENT ASSETS

Stocks

1,751

1,707

Debtors

117,800

68,688

Cash at bank

46,235

70,879

165,786

141,274

CREDITORS

Amounts falling due within one year

44,680

22,423

NET CURRENT ASSETS

121,106

118,851

TOTAL ASSETS LESS CURRENT LIABILITIES

143,857

147,650

CREDITORS

Amounts falling due after more than one year

177,877

193,226

NET LIABILITIES

(34,020

)

(45,576

)

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

(34,120

)

(45,676

)

SHAREHOLDERS' FUNDS

(34,020

)

(45,576

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2021 and were signed by:

Mr A Frankl - Director

1.	STATUTORY INFORMATION

Chalk & Lime 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The Directors believe that the Company has adequate business and financial resources to continue to trade for more than 12 months after the financial statements are authorised, and meet its liabilities and obligations as they fall due. Therefore, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2019 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2019

and 30 June 2020

65,172

DEPRECIATION

At 1 July 2019

36,373

Charge for year

6,048

At 30 June 2020

42,421

NET BOOK VALUE

At 30 June 2020

22,751

At 30 June 2019

28,799

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.20

30.6.19

value:

£

£

100

Ordinary

1

100

100