Chapel 683 Limited - Accounts to registrar (filleted) - small 17.3
Chapel 683 Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
Chapel 683 Limited |
Abridged Unaudited Financial Statements for the Year Ended 31 May 2017 |
Chapel 683 Limited (Registered number: 09039681) |
Contents of the Financial Statements |
for the Year Ended 31 May 2017 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Chapel 683 Limited |
Company Information |
for the Year Ended 31 May 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
4 King Square |
Bridgwater |
Somerset |
TA6 3YF |
BANKERS: |
514 Cowbridge Road East |
Cardiff |
CF5 1BL |
Chapel 683 Limited (Registered number: 09039681) |
Abridged Statement of Financial Position |
31 May 2017 |
31.5.17 | 31.5.16 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Chapel 683 Limited (Registered number: 09039681) |
Abridged Statement of Financial Position - continued |
31 May 2017 |
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 |
Chapel 683 Limited (Registered number: 09039681) |
Notes to the Financial Statements |
for the Year Ended 31 May 2017 |
1. | STATUTORY INFORMATION |
Chapel 683 Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are prepared on a going concern basis which assumes the continued support of the |
company's directors. |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
bringing stocks to their present location and condition. |
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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Chapel 683 Limited (Registered number: 09039681) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2017 |
5. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.5.17 | 31.5.16 |
£ | £ |
Bank loans |
There is a fixed and floating charge over the freehold of Ebenezer Methodist Church, 683 Fishponds Road, |
Fishponds, Bristol in favour of Titlestone Property Lending Limited. |