Abbreviated Company Accounts - CHILES INVESTMENT SOLUTIONS LIMITED

CHILES INVESTMENT SOLUTIONS LIMITED - Company Information

07459114 CHILES INVESTMENT SOLUTIONS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07459114 2015-04-01 2016-03-31 07459114 2016-03-31 07459114 2015-03-31 07459114 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07459114 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07459114

CHILES INVESTMENT SOLUTIONS LIMITED

Abbreviated Accounts

31 March 2016

CHILES INVESTMENT SOLUTIONS LIMITED Registered Number 07459114

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,134	1,059
		1,134	1,059
Current assets
Debtors		362	600
Cash at bank and in hand		12,570	5,346
		12,932	5,946
Creditors: amounts falling due within one year		(10,056)	(6,240)
Net current assets (liabilities)		2,876	(294)
Total assets less current liabilities		4,010	765
Provisions for liabilities		(227)	-
Total net assets (liabilities)		3,783	765
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		3,782	764
Shareholders' funds		3,783	765

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2016

And signed on their behalf by:
S T Chiles, Director

CHILES INVESTMENT SOLUTIONS LIMITED Registered Number 07459114

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
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.

Other accounting policies
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,572
Additions	624
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	2,196
Depreciation
At 1 April 2015	513
Charge for the year	549
On disposals	-
At 31 March 2016	1,062
Net book values
At 31 March 2016	1,134
At 31 March 2015	1,059

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1