Chemical Properties Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08185818 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 21 August 2012 to 31 August 2013

for

Chemical Properties Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

G R Duniec

SECRETARY:

REGISTERED OFFICE:

27 Howard Town Mill

Glossop

Derbyshire

SK13 8HL

REGISTERED NUMBER:

08185818 (England and Wales)

ACCOUNTANTS:

Lomas and Company Accountants Limited

Bridge House

12 Market Street

Glossop

Derbyshire

SK13 8AR

FIXED ASSETS

Investment property

2

140,334

TOTAL ASSETS LESS CURRENT LIABILITIES

140,334

CREDITORS

Amounts falling due after more than one year

146,502

NET LIABILITIES

(6,168

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(6,169

)

SHAREHOLDERS' FUNDS

(6,168

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2013 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 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 director on 1 August 2014 and were signed by:

G R Duniec - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on the going concern basis, which relies on the continued support of the creditors.

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 April 2008).

Investment property

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	INVESTMENT PROPERTY

Total

£

COST

Additions

140,334

At 31 August 2013

140,334

NET BOOK VALUE

At 31 August 2013

140,334

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

1

1

1 Ordinary share of 1 was allotted and fully paid for cash at par during the period.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Chemical Properties Limited for the period ended 31 August 2013 which comprise the Profit and Loss Account, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical

and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Chemical Properties Limited in accordance with our terms of engagement. Our work has

been undertaken solely to prepare for your approval the financial statements of Chemical Properties Limited and state those matters

that we have agreed to state to the director of Chemical Properties Limited in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the

company and its director for our work or for this report.

It is your duty to ensure that Chemical Properties 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 Chemical Properties Limited. You

consider that Chemical Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Chemical Properties 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.

Lomas and Company Accountants Limited

Bridge House

12 Market Street

Glossop

Derbyshire

SK13 8AR

1 August 2014