Chewingum,Ltd - Accounts

CHEWINGUM LTD - Company Information

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Chewingum

For the period ended 30 April 2014

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 08479915

Contents Page

Chewingum

For the period ended 30 April 2014

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

Chewingum

Accountants' Report

For the period ended 30 April 2014

In accordance with our terms of engagement, and in order to assist you to fulfill your duties under the Companies

Act 2006, we have prepared the financial statements for the period ended 30 April 2014 which comprise of the

Profit and Loss Account, Balance Sheet and related notes.

We have prepared these financial statments based on the accounting records, information and explanations

provided to us. You have not instructed us to carry out and audit of the financial statements. For this reason, we

have not verified the accuracy or completeness of the accounting records, information or explanations given to us

and we, therefore, do not express any opinion on the financial statements.

This report is made solely to the Board of Directors of Chewingum in accordance with our terms of engagement.

Our work has been undertaken solely to prepare, for your approval, the financial statements and to state those

matters that we have agreed to state to the Board and for no other purpose. To the fullest extent permitted by law,

we do not accept or assume responsibility to anyone other than Chewingum and its Board of Directors for our work

on this report.

M.B.S. Accountants

1143 Admiral House

19 St Georges Wharf

London

SW8 2FG

15 December 2014

Dated:

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Abbreviated Balance Sheet

Chewingum

As at 30 April 2014

08479915

Registered Number :

2014

Notes

Fixed assets

Tangible assets

1,223

Current assets

Debtors

1,577

Cash at bank and in hand

447

2,024

Creditors: amounts falling due within one year

(4,564)

(2,540)

Net current liabilities

Total assets less current liabilities

(1,317)

Net assets/liabilities

Capital and reserves

Called up share capital

Profit and loss account

(1,318)

(1,317)

Shareholders funds

For the period ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;

2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Date approved by the board: 10 December 2014

Seonmi Shin Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Chewingum

For the period ended 30 April 2014

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% Straight line

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

1,630

Additions

At 30 April 2014

1,630

Depreciation

407

Charge for period

407

At 30 April 2014

Net book values

At 30 April 2014

1,223

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Notes to the Abbreviated Financial Statements

Chewingum

For the period ended 30 April 2014

3 Share capital

Allotted called up and fully paid

2014

1 Class A shares of £1.00 each

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