Chc Advisers Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 11309452 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

CHC ADVISERS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A C Kieran

REGISTERED OFFICE:

71-75 Shelton Street

London

Greater London

United Kingdom

WC2H 9JQ

REGISTERED NUMBER:

11309452 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,041

2,766

CURRENT ASSETS

Debtors

5

14,287

14,287

Cash at bank

128,995

81,767

143,282

96,054

CREDITORS

Amounts falling due within one year

6

37,367

36,064

NET CURRENT ASSETS

105,915

59,990

TOTAL ASSETS LESS CURRENT LIABILITIES

108,956

62,756

PROVISIONS FOR LIABILITIES

142

184

NET ASSETS

108,814

62,572

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

108,813

62,571

108,814

62,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

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

The financial statements were approved by the director and authorised for issue on 3 January 2023 and were signed by:

A C Kieran - Director

1.	STATUTORY INFORMATION

Chc Advisers Ltd 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.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2021

549

2,880

699

4,128

Additions

-

375

1,861

2,236

Disposals

-

(690

)

-

(690

)

At 30 April 2022

549

2,565

2,560

5,674

DEPRECIATION

At 1 May 2021

181

950

231

1,362

Charge for year

122

609

768

1,499

Eliminated on disposal

-

(228

)

-

(228

)

At 30 April 2022

303

1,331

999

2,633

NET BOOK VALUE

At 30 April 2022

246

1,234

1,561

3,041

At 30 April 2021

368

1,930

468

2,766

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Amounts recoverable on contract

14,287

14,287

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Social security and other taxes

36,040

35,570

Other creditors

758

-

Directors' loan accounts

124

316

Accruals and deferred income

445

178

37,367

36,064