CHANTSOFT_LTD - Accounts

Preference share dividends

The company has an ongoing obligation to pay a fixed rate (non-cumulative) preferential dividend at a rate of 5% per annum on the capital. To date, the holders of the preference shares have opted not to receive payment of the dividends. The preference shares were due to be redeemed on 30 November 2003. However, this event did not occur and the preference shares remain in issue. The company may at any time redeem the preference shares in whole or in part.

Legal charges

There are three legal charges over the investment properties held, given as security to National Westminster Bank Plc. As at the balance sheet date there was no liability owing to the bank.

Chantsoft Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 21 Etheldene Avenue, London, N10 3QG.

For the year ended 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.