Charterhouse Mercantile Aviation Service - Accounts to registrar - small 17.2

Charterhouse Mercantile Aviation Service - Accounts to registrar - small 17.2

CHARTERHOUSE MERCANTILE AVIATION SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 02104855 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

CHARTERHOUSE MERCANTILE AVIATION
SERVICES LIMITED

CHARTERHOUSE MERCANTILE AVIATION
SERVICES LIMITED (REGISTERED NUMBER: 02104855)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3

Chartered accountants' report 5

CHARTERHOUSE MERCANTILE AVIATION
SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTORS: R H Captain
E W Granger





SECRETARY: E W Granger





REGISTERED OFFICE: Ibex House
162-164 Arthur Road
Wimbledon
London





REGISTERED NUMBER: 02104855 (England and Wales)





ACCOUNTANTS: Z group
Ibex House
162-164 Arthur Road
Wimbledon Park
London
SW19 8AQ
Page 1
CHARTERHOUSE MERCANTILE AVIATION
SERVICES LIMITED (REGISTERED NUMBER: 02104855)

BALANCE SHEET
31 DECEMBER 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1 1

CURRENT ASSETS
Debtors 4 763 452
Cash at bank 108 223
871 675
CREDITORS
Amounts falling due within one year 5 985 480
NET CURRENT (LIABILITIES)/ASSETS (114 ) 195
TOTAL ASSETS LESS CURRENT
LIABILITIES
(113
)
196

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings (2,113 ) (1,804 )
SHAREHOLDERS' FUNDS (113 ) 196

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 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 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 Board of Directors on 14 September 2017 and were signed on its behalf
by:




E W Granger - Director


The notes form part of these financial statements

Page 2
CHARTERHOUSE MERCANTILE AVIATION
SERVICES LIMITED (REGISTERED NUMBER: 02104855)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

1. STATUTORY INFORMATION

Charterhouse Mercantile Aviation Services 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.

Going Concern
The company made a loss of £309 in the year ended 31 December 2016 and as of that date the company's
current liabilities exceeded its total assets by £196. The company accounts have been prepared as a going
concern on the basis that the directors will continue to provide financial support to enable the company to meet
its obligations as they fall due.

TURNOVER
Turnover represents amounts receivable for goods and services and is recognised on delivery of the goods and
services to the customer.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

FIRST YEAR ADOPTION OF FRS 102
These financial statements for the year ended 31 December 2016 are the first financial statements of
Charterhouse Mercantile Aviation Services Limited prepared in accordance with FRS 102, The Financial
Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1
January 2016. The reported financial position and financial performance for the previous period are not
affected by the transition to FRS 102.

3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2016
and 31 December 2016 3,104
DEPRECIATION
At 1 January 2016
and 31 December 2016 3,103
NET BOOK VALUE
At 31 December 2016 1
At 31 December 2015 1

Page 3 continued...
CHARTERHOUSE MERCANTILE AVIATION
SERVICES LIMITED (REGISTERED NUMBER: 02104855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Prepayments and accrued income 763 452

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Accruals and deferred income 985 480

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHARTERHOUSE MERCANTILE AVIATION
SERVICES LIMITED

The following reproduces the text of the report prepared for the directors and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other
primary statements and the Report of the directors are not required to be filed with the Registrar of
Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Charterhouse Mercantile Aviation Services Limited for the year ended 31 December 2016
which comprise the Income statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Charterhouse Mercantile Aviation Services Limited, as a body, in accordance with the terms of our engagement letter dated 19 April 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Charterhouse Mercantile Aviation Services Limited and state those matters that we have agreed to state to the Board of Directors of Charterhouse Mercantile Aviation Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Charterhouse Mercantile Aviation Services Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Charterhouse Mercantile Aviation Services 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 Charterhouse Mercantile Aviation Services Limited. You consider that Charterhouse Mercantile Aviation Services 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 Charterhouse Mercantile Aviation Services 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 statutory financial statements.






Z group
Ibex House
162-164 Arthur Road
Wimbledon Park
London
SW19 8AQ


14 September 2017

This page does not form part of the statutory financial statements

Page 5