CHAMELEON_NCF_LIMITED - Accounts

CHAMELEON NCF LIMITED - Company Information

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Company Registration No. 03998875 (England and Wales)

CHAMELEON NCF LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2016

CHAMELEON NCF LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CHAMELEON NCF LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2016

- 1 -

2016

2015

Notes

Current assets

Creditors: amounts falling due within one year

(11,893)

Total assets less current liabilities

(11,893)

Creditors: amounts falling due after more than one year

(196,291)

(11,893)

(208,184)

Capital and reserves

Called up share capital

1,063

Other reserves

Profit and loss account

(12,986)

(209,277)

Shareholders' funds

(11,893)

(208,184)

For the financial year ended 31 October 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 13 April 2017

Mr P Osborne

Mr P Stanley

Director

Company Registration No. 03998875

CHAMELEON NCF LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 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).

The company meets its day to day working capital requirements through the support of its parent company, The Chameleon Group Limited. Both companies have common directors who believe that the parent company is in a position to continue its support for the foreseeable future and therefore the accounts have been prepared on the going concern basis.

Share capital

2016

2015

Allotted, called up and fully paid

100,000 "A" Ordinary Shares of 1p each

1,000

6,300 "B" Ordinary Shares of 1p each

1,063

'A' and 'B' shares rank pari passu in all respects except 'B' shares have the following conditions:

'B' share holders can only be paid a dividend if agreed by all 'A' shareholders and,

'B' Shareholders can not be transferred unless the company is sold (i.e. the sale of the majority of the 'A' share capital of the company) or the directors give consent at their discretion and,

'B' share holders are not entitled to attend or vote at any General Meeting of the Company.

Ultimate parent company

The ultimate parent and controlling party is The Chameleon Group Limited.