Chestnut House Investments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09188289 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

CHESTNUT HOUSE INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S W Ram

Mrs L C Ram

REGISTERED OFFICE:

15 Chestnut Avenue

Billericay

Essex

CM12 9JF

REGISTERED NUMBER:

09188289 (England and Wales)

ACCOUNTANTS:

Casson Beckman

Chartered Accountants

First Floor

32-34 High Street

Ringwood

Hampshire

BH24 1AG

FIXED ASSETS

Tangible assets

2

1,229

-

Investments

3

1

1,230

1

CURRENT ASSETS

Debtors

3,298

2,400

Cash at bank

202,543

23,886

205,841

26,286

CREDITORS

Amounts falling due within one year

4,187

5,292

NET CURRENT ASSETS

201,654

20,994

TOTAL ASSETS LESS CURRENT
LIABILITIES

202,884

20,995

PROVISIONS FOR LIABILITIES

246

-

NET ASSETS

202,638

20,995

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

202,538

20,895

SHAREHOLDERS' FUNDS

202,638

20,995

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 November 2016 and were signed on its behalf
by:

Mr S W Ram - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents amounts receivable for services rendered net of VAT.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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

Additions

1,843

At 31 August 2016

1,843

DEPRECIATION

Charge for year

614

At 31 August 2016

614

NET BOOK VALUE

At 31 August 2016

1,229

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 September 2015

and 31 August 2016

1

NET BOOK VALUE

At 31 August 2016

1

At 31 August 2015

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Cedus Limited

Country of incorporation: England

Nature of business: IT Consultancy

%

Class of shares:

holding

Ordinary

50.00

31/10/15

31/10/14

£

Aggregate capital and reserves

75,497

(808

)

Profit/(loss) for the year

160,305

(810

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 August 2016 and the period

ended 31 August 2015:

2016

2015

£

Mrs L C Ram and Mr S W Ram

Balance outstanding at start of year

(2,343

)

-

Amounts advanced

126,657

100

Amounts repaid

(124,857

)

(2,443

)

Balance outstanding at end of year

(543

)

(2,343

)