Abbreviated Company Accounts - CHESS ARCHITECTURE & DEVELOPMENT LIMITED

CHESS ARCHITECTURE & DEVELOPMENT LIMITED - Company Information

04286594 CHESS ARCHITECTURE & DEVELOPMENT LIMITED 2015-02-27 false 2014-03-01 2015-02-27 true 04286594 2014-03-01 2015-02-27 04286594 2015-02-27 04286594 2014-02-28 04286594 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-27 04286594 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-27 uk-gaap-cd-bus:Director3 2014-03-01 2015-02-27 uk-gaap-cd-bus:Director3 2015-02-27 uk-gaap-cd-bus:Director3 2014-02-28 uk-gaap-cd-bus:Director4 2014-03-01 2015-02-27 uk-gaap-cd-bus:Director4 2015-02-27 uk-gaap-cd-bus:Director4 2014-02-28 iso4217:GBP shares

Registered Number 04286594

CHESS ARCHITECTURE & DEVELOPMENT LIMITED

Abbreviated Accounts

27 February 2015

CHESS ARCHITECTURE & DEVELOPMENT LIMITED Registered Number 04286594

Abbreviated Balance Sheet as at 27 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	549	732
		549	732
Current assets
Debtors		44,833	30,895
		44,833	30,895
Creditors: amounts falling due within one year		(42,338)	(30,501)
Net current assets (liabilities)		2,495	394
Total assets less current liabilities		3,044	1,126
Total net assets (liabilities)		3,044	1,126
Capital and reserves
Called up share capital		100	100
Profit and loss account		2,944	1,026
Shareholders' funds		3,044	1,126

For the year ending 27 February 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 November 2015

And signed on their behalf by:
M McFall, Director

CHESS ARCHITECTURE & DEVELOPMENT LIMITED Registered Number 04286594

Notes to the Abbreviated Accounts for the period ended 27 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for services net of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets , less their estimated residual value, over their expected useful lives on the following basis

Fixtures and fittings 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 March 2014	11,604
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 27 February 2015	11,604
Depreciation
At 1 March 2014	10,872
Charge for the year	183
On disposals	-
At 27 February 2015	11,055
Net book values
At 27 February 2015	549
At 28 February 2014	732

3Transactions with directors

Name of director receiving advance or credit:	M McFall
Description of the transaction:	Loan
Balance at 1 March 2014:	£ 13,803
Advances or credits made:	£ 13,750
Advances or credits repaid:	£ 14,000
Balance at 27 February 2015:	£ 13,553

Name of director receiving advance or credit:	R Lopez
Description of the transaction:	Loan
Balance at 1 March 2014:	£ 13,803
Advances or credits made:	£ 13,750
Advances or credits repaid:	£ 14,000
Balance at 27 February 2015:	£ 13,553

Included in other creditors is an amount of £9,023, (2014 £2,323) due to Chess Homes Limited, a company with common directorship. This loan is interest free and repayable on demand.

Included within other debtors are amounts due from the directors as follows

M McFall £13,553 (2014 £13,803)
R Lopez £13,553 (2014 £ 13,803)

These amounts were repaid after the year end