Chevron Properties Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 00554914 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2017

for

Chevron Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

A Shah

Mrs M Padfield

SECRETARY:

Miss C Ng Fo Shing

REGISTERED OFFICE:

Ground Floor, Bury House

31 Bury Street

London

EC3A 5AR

REGISTERED NUMBER:

00554914 (England and Wales)

ACCOUNTANTS:

Elliotts Shah

Chartered Accountants

Ground Floor, Bury House

31 Bury Street

London

EC3A 5AR

FIXED ASSETS

Investments

3

57

57

CURRENT ASSETS

Investments

4

1,842,500

-

Cash at bank

7,035,720

6,776,524

8,878,220

6,776,524

CREDITORS

Amounts falling due within one year

5

297,040

36,341

NET CURRENT ASSETS

8,581,180

6,740,183

TOTAL ASSETS LESS CURRENT LIABILITIES

8,581,237

6,740,240

CAPITAL AND RESERVES

Called up share capital

157

157

Capital redemption reserve

100,000

100,000

Retained earnings

8,481,080

6,640,083

SHAREHOLDERS' FUNDS

8,581,237

6,740,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2017 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 6 October 2017 and were signed on its behalf by:

A Shah - Director

Mrs M Padfield - Director

1.	STATUTORY INFORMATION

Chevron Properties 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.

Preparation of consolidated financial statements

The financial statements contain information about Chevron Properties Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments

Investments in marketable securities are recognised at cost and revalued to market value at the balance sheet

date. Gains and losses on revaluation are recognised in the profit and loss account.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 6 April 2016

and 5 April 2017

57

NET BOOK VALUE

At 5 April 2017

57

At 5 April 2016

57

4.	CURRENT ASSET INVESTMENTS

2017

2016

£

£

Listed investments

1,842,500

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

284,345

27,341

Other creditors

12,695

9,000

297,040

36,341

6.	ULTIMATE CONTROLLING PARTY

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 Chevron Properties Limited for the year ended 5 April 2017 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 Chevron Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chevron Properties Limited and state those matters that we have agreed to state to the Board of Directors of Chevron Properties 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 Chevron Properties Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chevron 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 profit of Chevron Properties Limited. You consider that Chevron Properties 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 Chevron 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.

Elliotts Shah

Chartered Accountants

Ground Floor, Bury House

31 Bury Street

London

EC3A 5AR

6 October 2017