Chestnut Tree Investments Limited - Accounts to registrar - small 17.2

Chestnut Tree Investments Limited - Accounts to registrar - small 17.2

CHESTNUT TREE INVESTMENTS LIMITED - Company Information

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CHESTNUT TREE INVESTMENTS LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2016






CHESTNUT TREE INVESTMENTS LIMITED (REGISTERED NUMBER: 04875264)

Contents of the Financial Statements
for the Year Ended 31 December 2016










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CHESTNUT TREE INVESTMENTS LIMITED

Company Information
for the Year Ended 31 December 2016







DIRECTOR: A F Murcott





SECRETARY: Mrs P A Murcott





REGISTERED OFFICE: 88 Hill Village Road
Sutton Coldfield
West Midlands
B75 5BE





REGISTERED NUMBER: 04875264 (England and Wales)





ACCOUNTANTS: Haslehursts Limited
88 Hill Village Road
Sutton Coldfield
West Midlands
B75 5BE
Page 1
CHESTNUT TREE INVESTMENTS LIMITED (REGISTERED NUMBER: 04875264)

Statement of Financial Position
31 December 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 4 499 -
Investments 5 11,985 11,985
12,484 11,985

CURRENT ASSETS
Cash at bank 8,332 8,911

CREDITORS
Amounts falling due within one year 6 (2,949 ) (1,570 )
NET CURRENT ASSETS 5,383 7,341
TOTAL ASSETS LESS CURRENT
LIABILITIES
17,867
19,326

CAPITAL AND RESERVES
Called up share capital 7 11,985 11,985
Retained earnings 8 5,882 7,341
SHAREHOLDERS' FUNDS 17,867 19,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 11 September 2017 and were signed by:





A F Murcott - Director


The notes form part of these financial statements

Page 2
CHESTNUT TREE INVESTMENTS LIMITED (REGISTERED NUMBER: 04875264)

Notes to the Financial Statements
for the Year Ended 31 December 2016


1. STATUTORY INFORMATION

Chestnut Tree Investments Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31 December 2016 are the first financial statements that
comply with FRS 102 Section 1A small entities.

In preparing the accounts the director has considered whether in applying the accounting policies
required by FRS 102 Section 1A the restatement of comparatives was required. At the date of
transition there were no restatements necessary.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2016 2,783
Additions 749
At 31 December 2016 3,532
DEPRECIATION
At 1 January 2016 2,783
Charge for year 250
At 31 December 2016 3,033
NET BOOK VALUE
At 31 December 2016 499
At 31 December 2015 -

Page 3 continued...
CHESTNUT TREE INVESTMENTS LIMITED (REGISTERED NUMBER: 04875264)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2016
and 31 December 2016 11,985
NET BOOK VALUE
At 31 December 2016 11,985
At 31 December 2015 11,985

The company owns 11,985 (34.24%) of the issued ordinary share capital of Borman Murcott Limited,
an unlisted company registered in England and Wales.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Taxation and social security 1,732 372
Other creditors 1,217 1,198
2,949 1,570

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
11,985 Ordinary £1 11,985 11,985

8. RESERVES
Retained
earnings
£   

At 1 January 2016 7,341
Deficit for the year (1,459 )
At 31 December 2016 5,882

9. RELATED PARTY DISCLOSURES

Mr A F Murcott is also a director of Grosvenor Murcott Limited and Borman Murcott Limited. During
the year dividends were received from Borman Murcott Limited of £40,235 (2015: £62,322).
Management charges were received from Grosvenor Murcott Limited of £26,250 (2015: £25,000).

During the year dividends of £nil (2015: £nil) were paid to the shareholders of the company.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A F Murcott.

Page 4