Charta Investments Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 09463357 (England and Wales)

Unaudited Financial Statements

for the year ended

31 March 2018

for

Charta Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A J Brimble

REGISTERED OFFICE:

4 Jesse Close

Staynor Moor

Selby

North Yorkshire

YO8 8SB

REGISTERED NUMBER:

09463357 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

Oak Tree House, Harwood Road

Northminster Business Park

Upper Poppleton

York

YO26 6QU

FIXED ASSETS

Investments

3

178,900

63,900

CURRENT ASSETS

Cash at bank

58,147

152,708

CREDITORS

Amounts falling due within one year

4

1,317

626

NET CURRENT ASSETS

56,830

152,082

TOTAL ASSETS LESS CURRENT LIABILITIES

235,730

215,982

CAPITAL AND RESERVES

Called up share capital

5

204

204

Retained earnings

235,526

215,778

SHAREHOLDERS' FUNDS

235,730

215,982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 8 June 2018 and were signed by:

A J Brimble - Director

1.	STATUTORY INFORMATION

Charta Investments 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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and

have remained unchanged from the previous year, and also have been consistently applied within the same

accounts.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

operating expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

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.

Fixed asset investments

Fixed asset investments are shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss

3.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2017

63,900

Additions

130,000

Disposals

(15,000

)

At 31 March 2018

178,900

NET BOOK VALUE

At 31 March 2018

178,900

At 31 March 2017

63,900

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/18

31/3/17

£

£

Tax

926

213

Directors' current accounts

-

100

Accrued expenses

391

313

1,317

626

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/18

31/3/17

value:

£

£

200

Ordinary

£1

200

200

1

Ordinary A

£1

1

1

3

Ordinary B

£1

3

3

204

204

6.	RELATED PARTY DISCLOSURES

31/3/18

31/3/17

£

£

Amounts due to director

-

100

No interest has been charged.