CHALKFIELD WINCHESTER LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 04110822

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2016

FOR

CHALKFIELD WINCHESTER LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R J Carter

A Surtees

SECRETARY:

R J Carter

REGISTERED OFFICE:

21 City Business Centre

Hyde Street

Winchester

Hampshire

SO23 7TA

REGISTERED NUMBER:

04110822

ACCOUNTANTS:

K S Goring & Co

222 Upper Richmond Road West

London

SW14 8AH

FIXED ASSETS

Tangible assets

2

495

743

Investment property

3

497,174

160,157

497,669

160,900

CURRENT ASSETS

Debtors

61,118

50,396

Cash at bank

34,770

4,739

95,888

55,135

CREDITORS

Amounts falling due within one year

56,707

7,108

NET CURRENT ASSETS

39,181

48,027

TOTAL ASSETS LESS CURRENT
LIABILITIES

536,850

208,927

CREDITORS

Amounts falling due after more than one
year

4

525,674

200,682

NET ASSETS

11,176

8,245

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

11,174

8,243

SHAREHOLDERS' FUNDS

11,176

8,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 22nd September 2016 and were signed on its
behalf by:

R J Carter - 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 represents rental income received or receivable, 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.

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

991

DEPRECIATION

At 1st April 2015

248

Charge for year

248

At 31st March 2016

496

NET BOOK VALUE

At 31st March 2016

495

At 31st March 2015

743

3.	INVESTMENT PROPERTY

Total

£

COST

At 1st April 2015

160,157

Additions

337,017

At 31st March 2016

497,174

NET BOOK VALUE

At 31st March 2016

497,174

At 31st March 2015

160,157

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

Repayable otherwise than by instalments

525,674

200,682

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

1

2

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Within other debtors at 31st March 2016 is a loan for £58,106 (2015 - £50,396) to Millgate (Winchester)

Limited a company of which both Mr R Carter and Mr A Surtees are directors. The loan is interest free and

repayable on demand.