Chartered Estates (Commercial) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02663496 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CHARTERED ESTATES (COMMERCIAL) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P J Wright

SECRETARY:

Miss S J Gillespie

REGISTERED OFFICE:

Champagne House

94, Corporation Street

Stoke-on-Trent

Staffordshire

ST4 4AY

REGISTERED NUMBER:

02663496 (England and Wales)

ACCOUNTANTS:

Barringtons Limited

Chartered Accountants

Richmond House

570-572 Etruria Road

Basford

Newcastle

Staffordshire

ST5 0SU

FIXED ASSETS

Tangible assets

2

169

199

CURRENT ASSETS

Cash at bank and in hand

136,158

165,380

CREDITORS

Amounts falling due within one year

38,632

50,323

NET CURRENT ASSETS

97,526

115,057

TOTAL ASSETS LESS CURRENT
LIABILITIES

97,695

115,256

PROVISIONS FOR LIABILITIES

34

40

NET ASSETS

97,661

115,216

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

97,659

115,214

SHAREHOLDERS' FUNDS

97,661

115,216

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 November 2016 and were signed by:

P J Wright - 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 fees and commissions receivable, net of 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.

Office equipment

-

15% on reducing balance

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

At 1 April 2015

and 31 March 2016

1,641

DEPRECIATION

At 1 April 2015

1,442

Charge for year

30

At 31 March 2016

1,472

NET BOOK VALUE

At 31 March 2016

169

At 31 March 2015

199

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2