Chelsea Close Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01539810 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

CHELSEA CLOSE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J L Cox

T Abeyasinghe

SECRETARY:

J L Cox

REGISTERED OFFICE:

57 Chelsea Close

Harlesden

London

NW10 8XD

REGISTERED NUMBER:

01539810 (England and Wales)

ACCOUNTANTS:

Oppenheim and Company Limited

Chartered Accountants

52 Great Eastern Street

Shoreditch

London

EC2A 3EP

FIXED ASSETS

Tangible assets

2

10,651

10,651

CURRENT ASSETS

Debtors

43,543

43,890

Cash at bank

37,281

23,052

80,824

66,942

CREDITORS

Amounts falling due within one year

1,874

2,143

NET CURRENT ASSETS

78,950

64,799

TOTAL ASSETS LESS CURRENT

LIABILITIES

89,601

75,450

CREDITORS

Amounts falling due after more than one year

27,440

27,440

NET ASSETS

62,161

48,010

CAPITAL AND RESERVES

Called up share capital

3

10,750

10,750

Profit and loss account

51,411

37,260

SHAREHOLDERS' FUNDS

62,161

48,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 29 September 2014 and were signed on its behalf by:

J L Cox - Director

T Abeyasinghe - 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 April 2008).

Turnover

Turnover comprises service charges and ground rents receivable from tenants.

Tangible fixed assets

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

Land and buildings

-

not provided

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

10,651

NET BOOK VALUE

At 31 December 2013

10,651

At 31 December 2012

10,651

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

10,750

Ordinary

£1

10,750

10,750