Domaine Chater Limited - Abbreviated accounts

DOMAINE CHATER LIMITED - Company Information

Registered number

05350146

Domaine Chater Limited

Abbreviated Financial Statements

28 February 2014

Domaine Chater Limited

Report to the director on the preparation of the unaudited abbreviated accounts of Domaine Chater Limited for the year ended 28 February 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated financial statements of Domaine Chater Limited for the year ended 28 February 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Domaine Chater Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Domaine Chater Limited and state those matters that we have agreed to state to the Board of Directors of Domaine Chater Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Domaine Chater Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Domaine Chater Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Domaine Chater Limited. You consider that Domaine Chater Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Domaine Chater Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.

Clark Howes Limited
Certified Accountants
Riverside House
44 Wedgewood Street
Aylesbury
Bucks
HP19 7HL

5 November 2014

Domaine Chater Limited
Registered number: 05350146
Abbreviated Balance Sheet
as at 28 February 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		-			945

Current assets
Debtors		50,176			15,974
Cash at bank and in hand		79,363			41,458
		129,539			57,432

Creditors: amounts falling due within one year		(120,513)			(28,520)

Net current assets			9,026			28,912

Total assets less current liabilities			9,026			29,857


Provisions for liabilities			-			(133)


Net assets			9,026			29,724

Capital and reserves
Called up share capital	3		50			50
Profit and loss account			8,976			29,674

Shareholders' funds			9,026			29,724

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr Iain Chater
Director
Approved by the board on 5 November 2014

Domaine Chater Limited
Notes to the Abbreviated Accounts
for the year ended 28 February 2014

1	Accounting policies

	Basis of preparation
	The financial statements have been prepared under the cessation basis. The director has advised that the company will no longer trade and it is their intention to dissolve the company.

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. Turnover is recognised when the goods are physically delivered to the customer and when services are provided.

	Depreciation
	Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant, machinery and office equipment			33% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the financial statements and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 March 2013					5,110
	Additions					3,645
	Disposals					(8,755)
	At 28 February 2014					-

	Depreciation
	At 1 March 2013					4,165
	On disposals					(4,165)
	At 28 February 2014					-

	Net book value
	At 28 February 2014					-
	At 28 February 2013					945


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		50		50		50


4	Loans to directors
B/fwd			Paid		Repaid		C/fwd
£			£		£		£
	Mr Iain Chater
	Loan	4		101,934		(92,261)		9,677

		4		101,934		(92,261)		9,677


5	Ultimate controlling party

	During the year the company was controlled by Mr & Mrs I Chater, by virtue of their 100% shareholding.