Chester House Freehold Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07315522 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 24 MARCH 2016

FOR

CHESTER HOUSE FREEHOLD

LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

FIXED ASSETS

Tangible assets

2

22,002

-

CURRENT ASSETS

Debtors

6

5

Cash at bank

185

625

191

630

CREDITORS

Amounts falling due within one year

325

221

NET CURRENT (LIABILITIES)/ASSETS

(134

)

409

TOTAL ASSETS LESS CURRENT LIABILITIES

21,868

409

CREDITORS

Amounts falling due after more than one year

20,802

-

NET ASSETS

1,066

409

CAPITAL AND RESERVES

Called up share capital

3

6

5

Profit and loss account

1,060

404

SHAREHOLDERS' FUNDS

1,066

409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 March 2016 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.

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 3 October 2016 and were signed on its behalf by:

Mrs J Denny - Director

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 for the year represents ground rent demanded.

Tangible fixed assets

All fixed assets are initially recorded at cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

88,009

Written down

(66,007

)

At 24 March 2016

22,002

NET BOOK VALUE

At 24 March 2016

22,002

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

6

ordinary

£1

6

5

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages one to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Chester House Freehold Limited for the year ended 24 March 2016

which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Chester House Freehold Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chester House Freehold Limited and state those matters that we have agreed to state to the Board of Directors of Chester House Freehold Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chester House Freehold Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Chester House Freehold Limited. You consider that Chester House Freehold Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Chester House Freehold Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

3 October 2016