Chemroal Ltd - Accounts to registrar (filleted) - small 17.3

Chemroal Ltd - Accounts to registrar (filleted) - small 17.3

CHEMROAL LTD - Company Information

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REGISTERED NUMBER: 09440873 (England and Wales)










Unaudited Financial Statements for the Year Ended 28 February 2017

for

Chemroal Ltd
Chemroal Ltd (Registered number: 09440873)






Contents of the Financial Statements
for the Year Ended 28 February 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Chemroal Ltd

Company Information
for the Year Ended 28 February 2017







DIRECTOR: Ms E Roff





REGISTERED OFFICE: Unit E
209 Manor Road
Erith
Kent
DA8 2AD





REGISTERED NUMBER: 09440873 (England and Wales)





ACCOUNTANTS: Granite Morgan Smith Limited
122 Feering Hill
Feering
Colchester
Essex
CO5 9PY
Page 1
Chemroal Ltd (Registered number: 09440873)

Balance Sheet
28 February 2017

28.2.16 28.2.17
£    Notes £   
CURRENT ASSETS
45,680 Debtors 4 200,773
12,020 Cash at bank 8,075
57,700 208,848
CREDITORS
61,739 Amounts falling due within one year 5 208,628
(4,039 ) NET CURRENT ASSETS/(LIABILITIES) 220
(4,039 ) TOTAL ASSETS LESS CURRENT
LIABILITIES
220

CAPITAL AND RESERVES
1 Called up share capital 1
(4,040 ) Retained earnings 219
(4,039 ) 220

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 director acknowledges her 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 director on 30 November 2017 and were signed by:





Ms E Roff - Director


The notes form part of these financial statements

Page 2
Chemroal Ltd (Registered number: 09440873)

Notes to the Financial Statements
for the Year Ended 28 February 2017

1. STATUTORY INFORMATION

Chemroal Ltd 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.

This is the first year that the company has presented its results under FRS 102 section 1A. The last set of
financial statements under UK GAAP were for the year to 28 February 2016. The date of transition to FRS 102
section 1A was 1 March 2016. There are no transitional adjustments arising from the first time adoption of FRS
102 section 1A

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.17 28.2.16
£    £   
Trade debtors 78,185 31,198
Other debtors 122,588 14,482
200,773 45,680

Page 3 continued...
Chemroal Ltd (Registered number: 09440873)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2017

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.17 28.2.16
£    £   
Trade creditors 122,629 57,000
Taxation and social security 22,840 414
Other creditors 63,159 4,325
208,628 61,739

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed it'd director £11,570 (2016 £3,475). The amount is interest free and
repayable on demand.

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £5,020 were paid to the director .

Page 4
Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Chemroal Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 Chemroal Ltd for the year ended 28 February 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Chemroal Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chemroal Ltd and state those matters that we have agreed to state to the director of Chemroal Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 Chemroal Ltd 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 Chemroal Ltd. You consider that Chemroal Ltd 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 Chemroal Ltd. 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.






Granite Morgan Smith Limited
122 Feering Hill
Feering
Colchester
Essex
CO5 9PY


30 November 2017

This page does not form part of the statutory financial statements

Page 5