CHIGWELL_MEADOWS_LIMITED - Accounts

CHIGWELL MEADOWS LIMITED - Company Information

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Company Registration No. 08096868 (England and Wales)

CHIGWELL MEADOWS LIMITED

A COMPANY LIMITED BY GUARANTEE

NOT HAVING SHARE CAPITAL

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2016

CHIGWELL MEADOWS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CHIGWELL MEADOWS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

5 APRIL 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

4,008

2,970

Cash at bank and in hand

4,853

1,089

8,861

4,059

Creditors: amounts falling due within one year

(7,655)

(5,315)

Total assets less current liabilities

1,206

(1,256)

Capital and reserves

Called up share capital

Profit and loss account

1,204

(1,258)

Shareholders' funds

1,206

(1,256)

For the financial year ended 5 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 November 2016

Mr R D Neville

Director

Company Registration No. 08096868

CHIGWELL MEADOWS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2016

- 2 -

Accounting policies

1.1

Accounting convention

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

Going concern

At the balance sheet date, total liabilities exceeded total assets by £1,256 (2014 - £2,745). The company is dependent on the support of its parent Grange Farm Centre Trust; which being under common control, the directors can confirm that this support shall be provided until the current business plans return the balance sheet to a net asset position. The directors have considered all available information about the future and consider that with the continuing support of Grange Farm Centre Trust, it is appropriate to prepare the accounts on a going concern basis.

1.2

Turnover

Turnover represents contributions from Grange Farm Centre Trust towards costs as provided in lease and donations from third parties.

Share capital

There is no share capital as the Company is limited by guarantee, each member undertaking to contribute a maximum of £1 in the event of the Company being wound up. At the end of the financial period there were two members.