Chairs Direct Limited - Accounts to registrar (filleted) - small 17.3

Chairs Direct Limited - Accounts to registrar (filleted) - small 17.3


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REGISTERED NUMBER: 03971975 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2017

for

Chairs Direct Limited

Chairs Direct Limited (Registered number: 03971975)






Contents of the Financial Statements
for the Year Ended 30 April 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Chairs Direct Limited

Company Information
for the Year Ended 30 April 2017







DIRECTORS: RE Edwards
Mrs JE Edwards





SECRETARY: Mrs JE Edwards





REGISTERED OFFICE: 11 Pate Road
Leicester Road Industrial Estate
Melton Mowbray
Leicestershire
LE13 0RG





REGISTERED NUMBER: 03971975 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Chairs Direct Limited (Registered number: 03971975)

Balance Sheet
30 April 2017

30.4.17 30.4.16
Notes £    £   
CURRENT ASSETS
Debtors 3 585 585
Cash at bank 50 52
635 637
CREDITORS
Amounts falling due within one year 4 12,860 12,936
NET CURRENT LIABILITIES (12,225 ) (12,299 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,225

)

(12,299

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (12,325 ) (12,399 )
SHAREHOLDERS' FUNDS (12,225 ) (12,299 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 30 January 2018 and were signed on its behalf by:





RE Edwards - Director


Chairs Direct Limited (Registered number: 03971975)

Notes to the Financial Statements
for the Year Ended 30 April 2017

1. STATUTORY INFORMATION

Chairs Direct 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.

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. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.17 30.4.16
£    £   
Trade debtors 41 41
Other debtors 544 544
585 585

Chairs Direct Limited (Registered number: 03971975)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.17 30.4.16
£    £   
Bank loans and overdrafts - 8
Trade creditors 3,392 3,392
Taxation and social security 18 86
Other creditors 9,450 9,450
12,860 12,936

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2017 and 30 April 2016:

30.4.17 30.4.16
£    £   
RE Edwards and Mrs JE Edwards
Balance outstanding at start of year 544 544
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 544 544

6. ULTIMATE CONTROLLING PARTY

The company controlled by the directors by virtue of their 100% holding of the issued share capital.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Chairs Direct Limited

The following reproduces the text of the report prepared for the directors 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 Chairs Direct Limited for the year ended 30 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 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 Board of Directors of Chairs Direct 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 Chairs Direct Limited and state those matters that we have agreed to state to the Board of Directors of Chairs Direct Limited, as a body, 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 Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chairs Direct 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 Chairs Direct Limited. You consider that Chairs Direct 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 Chairs Direct 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.






Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


Date: .............................................