Chepstow House Management Company - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 02436060

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

CHEPSTOW HOUSE MANAGEMENT COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs H Braid

B H Braid

M R H Brown

SECRETARY:

CKCS Limited

REGISTERED OFFICE:

Corner House

Brook Lane

Alderley Edge

Cheshire

SK9 7QQ

REGISTERED NUMBER:

02436060

ACCOUNTANTS:

Hanleys

Chartered Accountants

Spring Court

Spring Road

Hale

Altrincham

Cheshire

WA14 2UQ

FIXED ASSETS

Tangible assets

3

2,002

2,002

CURRENT ASSETS

Debtors

4

12,196

11,876

Cash at bank

233,105

233,164

245,301

245,040

CREDITORS

Amounts falling due within one year

5

1,106

1,027

NET CURRENT ASSETS

244,195

244,013

TOTAL ASSETS LESS CURRENT LIABILITIES

246,197

246,015

CAPITAL AND RESERVES

Called up share capital

77

77

Retained earnings

246,120

245,938

SHAREHOLDERS' FUNDS

6

246,197

246,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 15 November 2017 and were signed on its behalf by:

Mrs H Braid - Director

1.	STATUTORY INFORMATION

Chepstow House Management Company Limited is a private company, limited by shares , registered in Not

specified/Other. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Security gates

-

5% on cost

Gate equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Long

Security

Gate

leasehold

gates

equipment

Totals

£

£

£

£

COST

At 1 March 2016

and 28 February 2017

2,000

11,302

20,747

34,049

DEPRECIATION

At 1 March 2016

and 28 February 2017

-

11,301

20,746

32,047

NET BOOK VALUE

At 28 February 2017

2,000

1

1

2,002

At 29 February 2016

2,000

1

1

2,002

Long leasehold property represents a car park space at cost of £2,000.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

29.2.16

£

£

Due from service charge accounts

12,119

11,799

Called up share capital not paid

77

77

12,196

11,876

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

29.2.16

£

£

Taxation

240

221

Other creditors

146

146

Accrued expenses

720

660

1,106

1,027

6.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

28.2.17

29.2.16

£

£

Profit/(loss) for the financial year

182

(347

)

Net addition/(reduction) to shareholders' funds

182

(347

)

Opening shareholders' funds

246,015

246,362

Closing shareholders' funds

246,197

246,015