CHASE RESIDENTIAL LIMITED - Accounts

CHASE RESIDENTIAL LIMITED - Accounts

CHASE RESIDENTIAL LIMITED - Company Information

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Registered Number: 10325659


 

 

 

CHASE RESIDENTIAL LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 September 2021

End date: 31 August 2022

CHASE RESIDENTIAL LIMITED
Contents Page
For the year ended 31 August 2022
 
 		 Notes
 		 2022
£		   2021
£
Current assets      
Debtors: amounts falling due within one year 174    571 
Cash at bank and in hand 51,994    75,501 
52,168    76,072 
Creditors: amount falling due within one year (44,752)   (73,494)
Net current assets 7,416    2,578 
 
Total assets less current liabilities 7,416    2,578 
Provisions for liabilities (1,004)   0 
Net assets 6,412    2,578 
 

Capital and reserves 		     
Called up share capital 5 100    100 
Profit and loss account 6,312    2,478 
Shareholder's funds 6,412    2,578 
 


For the year ended 31 August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 19 May 2023 and were signed on its behalf by:


--------------------------------
Tom Joy Dominic
Director
1
General Information
CHASE RESIDENTIAL LIMITED is a private company, limited by shares, registered in , registration number 10325659, registration address 6 Odeon Parade, Sudbury Heights Avenue, Greenford, UB6 0NA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
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.
Turnover
Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.
2.

Directors' Emoluments

     

3.

Staff Costs

2022   2021
 
Average number of employees during the year Number   Number
Administration 2    2 
2    2 

4.

Average number of employees

Average number of employees during the year was 2 (2021 : 2).
5.

Share Capital

Allotted, called up and fully paid
2022
£		   2021
£
100 Class A shares of £1.00 each 100    100 
100    100 

2