CHANTRY HOUSE PROPERTIES LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02197427 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

CHANTRY HOUSE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N Smith

SECRETARY:

Geo Contruct S.A.

REGISTERED OFFICE:

Ground Floor

17 Pindock Mews

London

W9 2PY

REGISTERED NUMBER:

02197427 (England and Wales)

ACCOUNTANTS:

Creasey Alexander & Co

Statutory Auditors

Parkgate House

33a Pratt Street

London

NW1 0BG

FIXED ASSETS

Investments

3

765,302

699,770

CREDITORS

Amounts falling due within one year

4

954

795

NET CURRENT LIABILITIES

(954

)

(795

)

TOTAL ASSETS LESS CURRENT LIABILITIES

764,348

698,975

CREDITORS

Amounts falling due after more than one year

5

403,792

402,997

NET ASSETS

360,556

295,978

CAPITAL AND RESERVES

Called up share capital

41,000

41,000

Retained earnings

319,556

254,978

SHAREHOLDERS' FUNDS

360,556

295,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 Income Statement has not been delivered.

The financial statements were approved by the director on 21 September 2018 and were signed by:

N Smith - Director

1.	STATUTORY INFORMATION

CHANTRY HOUSE 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.

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.

Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets

and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet

date. All differences are taken to profit and loss account.

3.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2017

699,770

Revaluations

65,532

At 31 December 2017

765,302

NET BOOK VALUE

At 31 December 2017

765,302

At 31 December 2016

699,770

Cost or valuation at 31 December 2017 is represented by:

Other

investments

£

Valuation in 2016

699,770

Valuation in 2017

65,532

765,302

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Aldeamento do Alto Carvoeiro

Registered office:

Nature of business: Property developers

%

Class of shares:

holding

Equity

45.00

31.12.17

31.12.16

£

£

Aggregate capital and reserves

1,700,670

1,555,045

Profit for the year

81,334

124,353

The cost or valuation of the investment is represented by the original cost of £407,590 plus the valuation increase

giving a total of £765,302. The net value of the unlisted investment is dependent on the net assets value of

Aldeamento do alto Carvoeiro lda , 45% of the share capital of which is owned by Chantry House Properties Ltd.

In order to arrive at this valuation the director has relied upon the accuracy of the Accounts of Aldeamento do

alto Carvoeiro lda .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Accrued expenses

954

795

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.17

31.12.16

£

£

Group company creditors

403,792

402,997