Chrome Curve Limited,Ltd - AccountsLtd - Accounts

Chrome Curve Limited,Ltd - AccountsLtd - Accounts

CHROME CURVE LIMITED - Company Information

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2016-12-01 08293621 2017-11-30 08293621 2016-12-01 2017-11-30 08293621 2016-11-30 08293621 2015-12-01 2016-11-30 08293621 uk-core:WithinOneYear 2016-11-30 08293621 uk-core:WithinOneYear 2017-11-30 08293621 uk-core:ShareCapital 2017-11-30 08293621 uk-core:ShareCapital 2016-11-30 08293621 uk-core:RetainedEarningsAccumulatedLosses 2017-11-30 08293621 uk-core:RetainedEarningsAccumulatedLosses 2016-11-30 08293621 uk-bus:Director1 2016-12-01 2017-11-30 08293621 uk-core:ToolsEquipment 2016-12-01 2017-11-30 08293621 uk-core:FurnitureFittings 2016-12-01 2017-11-30 08293621 uk-core:ToolsEquipment 2016-11-30 08293621 uk-core:FurnitureFittings 2016-11-30 08293621 uk-core:FurnitureFittings 2017-11-30 08293621 uk-core:ToolsEquipment 2017-11-30 iso4217:GBP 08293621 uk-bus:AuditExemptWithAccountantsReport 2016-12-01 2017-11-30 08293621 uk-bus:FRS102 2016-12-01 2017-11-30 08293621 uk-bus:FullAccounts 2016-12-01 2017-11-30 08293621 uk-bus:PrivateLimitedCompanyLtd 2016-12-01 2017-11-30
Chrome Curve Limited
Registered Number:08293621
For the year ended 30 November 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2017
Chrome Curve Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 30 November 2017
Chrome Curve Limited
Statement of Financial Position
Registered Number :
08293621
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
1,459
1,820
2
1,459
1,820
Current assets
Trade and other receivables
20,969
29,877
3
8,388
Cash and cash equivalents
19,748
49,625
29,357
Trade and other payables: amounts falling due within one
year
(30,957)
(32,712)
4
(1,600)
16,913
Net current assets
Total assets less current liabilities
18,372
220
18,372
Net assets
220
Capital and reserves
Called up share capital
100
100
Retained earnings
18,272
120
18,372
220
Shareholders' funds
For the year ended 30 November 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mr Andrew John Papas Director
These financial statements were approved and authorised for issue by the Board on 23 August 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2017
Chrome Curve Limited
Notes to the Financial Statements
Statutory Information
Chrome Curve Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08293621.
Principal place of business:
1 Russet Drive
Shirley
Croydon
Surrey
CR0 7DS
Registered address:
266-268 WICKHAM ROAD
SHIRLEY
CROYDON
SURREY
CR0 8BJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 30 November 2017
Chrome Curve Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 December 2016
4,575
3,742
833
127
127
-
Additions
At 30 November 2017
833
3,869
4,702
Provision for depreciation and impairment
At 01 December 2016
2,755
2,332
423
Charge for year
488
385
103
At 30 November 2017
3,243
2,717
526
At 30 November 2017
Net book value
307
1,152
1,459
At 30 November 2016
410
1,410
1,820
3. Trade and other receivables
2016
2017
£
£
Trade debtors
12,480
12,420
Other debtors
17,397
8,549
20,969
29,877
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
32,086
30,211
Other creditors
626
746
32,712
30,957
5. Directors advances and guarantees
During the year, the Company made loans to Mr. A J Papas - a Director. The amount owed to the Company at the
year end date was £15687, which was also the maximum amount outstanding at any time during the year. This
amount was subsequently repaid to the Company.
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