Chase Commercial (Huntingdon) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07005846 (England and Wales)

Chase Commercial (Huntingdon) Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J R Meredith

T G Haslam

SECRETARY:

REGISTERED OFFICE:

3 The Courtyard

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NP

REGISTERED NUMBER:

07005846 (England and Wales)

CURRENT ASSETS

Stocks

707,631

Debtors

4

707,635

CREDITORS

Amounts falling due within one year

933,382

NET CURRENT LIABILITIES

(225,747

)

(225,747

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(225,747

)

(225,747

)

CAPITAL AND RESERVES

Called up share capital

2

4

Profit and loss account

(225,751

)

(225,751

)

SHAREHOLDERS' FUNDS

(225,747

)

(225,747

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 30 June 2017 and were signed on its
behalf by:

T G Haslam - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

On 23rd February 2011, the lender made a formal repayment demand in respect of of the loan

provided to acquire the property. As no alternative financing was available, joint fixed charge receivers

were appointed on 2nd March 2011. The Directors therefore believe that a material uncertainty exists

that casts significant doubt about the entity's ability to continue as a going concern.

Therefore the accounts have not been prepared on a going concern basis.

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).

The company was dormant throughout the current year and previous year.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

4

Ordinary

£1

4