CHS Tactical Limited - Period Ending 2021-03-31

CHS Tactical Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 4

CHS Tactical Limited

Balance Sheet

31 March 2021

	Note	2021 £
Current assets
Debtors	4	3
Capital and reserves
Called up share capital	5	3
Shareholders' funds		3

CHS Tactical Limited

Balance Sheet

31 March 2021

For the financial period ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 5 January 2022 and signed on its behalf by:
 

......................................... Mr C W Phipps Director

Company Registration Number: 12553743

CHS Tactical Limited

Notes to the Unaudited Financial Statements

Period from 9 April 2020 to 31 March 2021

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
14 High Cross
Truro
Cornwall
TR1 2AJ

These financial statements were authorised for issue by the Board on 5 January 2022.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

CHS Tactical Limited

Notes to the Unaudited Financial Statements

Period from 9 April 2020 to 31 March 2021

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.


 

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Debtors

	2021 £
Other debtors	3
	3

5	Share capital

Allotted, called up and fully paid shares

	2021
	No.	£
Ordinary shares of £1 each	3	3