Charlotte House Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04992610 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2013

for

Charlotte House Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Ms P Mullen

Mr T Udberg

SECRETARY:

Mr T Udberg

REGISTERED OFFICE:

7-15 Gallowgate

Newcastle Upon Tyne

Tyne and Wear

NE1 4SG

REGISTERED NUMBER:

04992610 (England and Wales)

ACCOUNTANTS:

RHK Business Advisers LLP

Chartered Accountants

and Business Advisers

Coburg House

1 Coburg Street

Gateshead

Tyne & Wear

NE8 1NS

FIXED ASSETS

Tangible assets

2

24,718

33,157

CURRENT ASSETS

Debtors

172,052

102,820

CREDITORS

Amounts falling due within one year

3

235,745

156,087

NET CURRENT LIABILITIES

(63,693

)

(53,267

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,975

)

(20,110

)

CREDITORS

Amounts falling due after more than one year

3

55,530

74,744

NET LIABILITIES

(94,505

)

(94,854

)

CAPITAL AND RESERVES

Called up share capital

4

60

60

Profit and loss account

(94,565

)

(94,914

)

SHAREHOLDERS' FUNDS

(94,505

)

(94,854

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 14 October 2014 and were signed on its behalf by:

Ms P Mullen - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared on the going concern basis due to the continued support of the

company's creditors.

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 April 2008).

Turnover

Turnover reflects rents receivable for the period being recorded as income in the profit and loss account,

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

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

81,219

DEPRECIATION

At 1 January 2013

48,062

Charge for year

8,439

At 31 December 2013

56,501

NET BOOK VALUE

At 31 December 2013

24,718

At 31 December 2012

33,157

3.

CREDITORS

Creditors include an amount of £ 106,649 (2012 - £ 105,144 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

as restated

£

£

60

Ordinary

£1

60

60