LD CHEPSTOW LTD,Ltd - Accounts

LD CHEPSTOW LTD,Ltd - Accounts

LD CHEPSTOW LTD - Company Information

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2015-11-01 true false Private Limited Company 09262444 2016-10-31 09262444 2015-11-01 2016-10-31 09262444 2015-10-31 09262444 2014-11-01 2015-10-31 09262444 uk-bus:Director1 2015-11-01 2016-10-31 09262444 uk-gaap:ToolsEquipment 2015-11-01 2016-10-31 09262444 uk-gaap:AfterOneYear 2015-10-31 iso4217:GBP
LD CHEPSTOW LTD
For the year ended 31 October 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09262444
2
Contents Page
LD CHEPSTOW LTD
For the year ended 31 October 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
LD CHEPSTOW LTD
Accountants' Report
For the year ended 31 October 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 October 2016 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Blackrock Business & Consultancy Services Ltd
13 Fitzwalter Road
Caldicot
Monmouthshire
NP26 5DA
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4
Abbreviated Balance Sheet
LD CHEPSTOW LTD
As at 31 October 2016
09262444
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Tangible assets
2
2,273
1,886
2,273
1,886
Current assets
Stocks
1,500
2,300
Debtors
7,773
18,109
Cash at bank and in hand
341
2,557
20,750
11,830
Creditors: amounts falling due within one year
(48,505)
(97,716)
(36,675)
(76,966)
Net current liabilities
Total assets less current liabilities
(74,693)
(34,789)
Creditors: amounts falling due after more than one year
3
-
(12,222)
(86,915)
Net liabilities
(34,789)
Capital and reserves
Called up share capital
20
20
Profit and loss account
(86,935)
(34,809)
(86,915)
(34,789)
Shareholders funds
For the 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: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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.
Date approved by the board: 30 June 2017
David Foxford-Brown Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
LD CHEPSTOW LTD
For the year ended 31 October 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20 Reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
2,357
At 01 November 2015
955
Additions
At 31 October 2016
3,312
Depreciation
471
At 01 November 2015
568
Charge for year
1,039
At 31 October 2016
Net book values
At 31 October 2016
2,273
1,886
At 31 October 2015
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6
Notes to the Abbreviated Financial Statements
LD CHEPSTOW LTD
For the year ended 31 October 2016
2015
2016
3 Creditors: amounts falling due after one year
£
£
12,222
-
Bank loans and overdraft
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