Chevron Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00554914 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2018

for

Chevron Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Shah

Mrs M Padfield

REGISTERED OFFICE:

Ground Floor, Bury House

31 Bury Street

London

EC3A 5AR

REGISTERED NUMBER:

00554914 (England and Wales)

ACCOUNTANTS:

Elliotts Shah

Chartered Accountants

Ground Floor, Bury House

31 Bury Street

London

EC3A 5AR

FIXED ASSETS

Investments

3

-

57

CURRENT ASSETS

Debtors

4

12,647

-

Investments

5

-

1,842,500

Cash at bank

8,696,943

7,035,721

8,709,590

8,878,221

CREDITORS

Amounts falling due within one year

6

4,800

297,041

NET CURRENT ASSETS

8,704,790

8,581,180

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,704,790

8,581,237

CAPITAL AND RESERVES

Called up share capital

157

Capital redemption reserve

100,000

Retained earnings

8,604,633

8,481,080

SHAREHOLDERS' FUNDS

8,704,790

8,581,237

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2018 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 24 May 2018 and were signed on its behalf by:

A Shah - Director

Mrs M Padfield - Director

1.	STATUTORY INFORMATION

Chevron Properties 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 as modified by the revaluation of certain assets.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments

Investments in marketable securities are recognised at cost and revalued to market value at the balance sheet

date. Gains and losses on revaluation are recognised in the profit and loss account.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 6 April 2017

57

Investments written off

(57

)

At 5 April 2018

-

NET BOOK VALUE

At 5 April 2018

-

At 5 April 2017

57

Cost or valuation at 5 April 2018 is represented by:

Shares in

group

undertakings

£

Valuation in 2018

(57

)

Cost

57

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Other debtors

12,647

-

5.	CURRENT ASSET INVESTMENTS

2018

2017

£

Listed investments

-

1,842,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade creditors

-

1

Taxation and social security

-

284,345

Other creditors

4,800

12,695

4,800

297,041

7.	ULTIMATE CONTROLLING PARTY

The executors, Arvind Shah and Mrs Mary Padfield were the ultimate controlling parties after the death of Mrs

C I Collins on 3 May 2014..

Following a resolution, the directors, who are also the Executors of the Estate of Christine Collins (the

shareholder) will be handing over control of the company and ownership of the shares to Michelle Rose acting as

the Court appointed deputy for Michael Collins (Mrs Collins's husband). The directors will resign once the

directions from the Court are in place.

Chevron Properties Limited - Accounts to registrar (filleted) - small 18.1

Chevron Properties Limited - Accounts to registrar (filleted) - small 18.1