Cameron Chance Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06838822

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2018

FOR

CAMERON CHANCE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Chance

L Chance

REGISTERED OFFICE:

4 Clews Road

Redditch

Worcestershire

B98 7ST

REGISTERED NUMBER:

06838822

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

3

244

483

CURRENT ASSETS

Debtors

4

5,200

4,492

Cash at bank

173

3,723

5,373

8,215

CREDITORS

Amounts falling due within one year

5

5,371

7,935

NET CURRENT ASSETS

2

280

TOTAL ASSETS LESS CURRENT LIABILITIES

246

763

PROVISIONS FOR LIABILITIES

46

193

NET ASSETS

200

570

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

-

370

SHAREHOLDERS' FUNDS

200

570

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 13th August 2018 and were signed on its behalf by:

J Chance - Director

1.	STATUTORY INFORMATION

Cameron Chance Ltd is a private company, limited by shares , registered in Not specified/Other. 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 comprises the value of services supplied by the company, exclusive of trade discounts, and net of

payments under the Flat Rate VAT scheme.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

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.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2017

and 31st March 2018

725

DEPRECIATION

At 1st April 2017

242

Charge for year

239

At 31st March 2018

481

NET BOOK VALUE

At 31st March 2018

244

At 31st March 2017

483

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Directors' loan accounts

5,200

4,492

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Tax

2,982

5,016

VAT

-

1,361

Accrued expenses

2,389

1,558

5,371

7,935

6.	ULTIMATE CONTROLLING PARTY

The controlling party is J Chance.

There was no ultimate controlling party.