Chaser Technologies Limited - Abbreviated accounts 16.1

Chaser Technologies Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 08517987 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Chaser Technologies Limited

Chaser Technologies Limited (Registered number: 08517987)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chaser Technologies Limited

Company Information
for the Year Ended 31 December 2015







DIRECTORS: D Tuck
J M Brimacombe
M R Woodbridge





REGISTERED OFFICE: 208c Bravington Road
London
W9 3AP





REGISTERED NUMBER: 08517987 (England and Wales)





ACCOUNTANTS: Square Mile Accounting Limited
Arquen House
4-6 Spicer Street
St Albans
Hertfordshire
AL3 4PQ

Chaser Technologies Limited (Registered number: 08517987)

Abbreviated Balance Sheet
31 December 2015

31.12.15 31.12.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 304 342
Tangible assets 3 978 249
1,282 591

CURRENT ASSETS
Debtors 29,506 517
Cash at bank 405,804 30,476
435,310 30,993
CREDITORS
Amounts falling due within one year 16,515 4,446
NET CURRENT ASSETS 418,795 26,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

420,077

27,138

CAPITAL AND RESERVES
Called up share capital 4 113 85
Share premium 540,421 44,930
Profit and loss account (120,457 ) (17,877 )
SHAREHOLDERS' FUNDS 420,077 27,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Chaser Technologies Limited (Registered number: 08517987)

Abbreviated Balance Sheet - continued
31 December 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 16 September 2016 and were
signed on its behalf by:





D Tuck - Director


Chaser Technologies Limited (Registered number: 08517987)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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


Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line
basis over the period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 342
AMORTISATION
Amortisation for year 38
At 31 December 2015 38
NET BOOK VALUE

At 31 December 2015 304
At 31 December 2014 342

Chaser Technologies Limited (Registered number: 08517987)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 274
Additions 909
At 31 December 2015 1,183
DEPRECIATION
At 1 January 2015 25
Charge for year 180
At 31 December 2015 205
NET BOOK VALUE
At 31 December 2015 978
At 31 December 2014 249

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.15 31.12.14
value: £    £   
86,112 Ordinary Shares 0.001 86 85
27,223 Seed series preferred 0.001 27 -
113 85

The following fully paid shares were allotted during the year at a premium as shown below:

1,112 Ordinary Shares shares of 0.001 each at 18 per share
27,223 Seed series preferred shares of 0.001 each at 18 per share