Chunkichilli Knitwear Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05105793 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2018

FOR

CHUNKICHILLI KNITWEAR LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

T J H Wilson

Ms L Zhang

SECRETARY:

Ms L Zhang

REGISTERED OFFICE:

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

REGISTERED NUMBER:

05105793 (England and Wales)

ACCOUNTANTS:

Andorran Limited

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

CURRENT ASSETS

Stocks

90,679

87,864

Debtors

28,584

29,392

Cash at bank

5

5

119,268

117,261

CREDITORS

Amounts falling due within one year

(102,548

)

(110,143

)

NET CURRENT ASSETS

16,720

7,118

TOTAL ASSETS LESS CURRENT LIABILITIES

16,720

7,118

CREDITORS

Amounts falling due after more than one year

(16,501

)

-

NET ASSETS

219

7,118

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

119

7,018

SHAREHOLDERS' FUNDS

219

7,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 14 December 2018 and were signed on its behalf by:

T J H Wilson - Director

1.	STATUTORY INFORMATION

Chunkichilli Knitwear 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Foreign currencies

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

the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 1 ) .

4.	RELATED PARTY DISCLOSURES

During the year the company repaid £12,652 of its loan from T Wilson. No interest or repayment terms

have been agreed. As of 30 April 2018 the balance outstanding was £54,492 (2017: £54,492).

The company repaid £4,355 of its loan from Ms L Zhang.. No interest or repayment terms have been

agreed. As of 30 April 2018 the balance outstanding was £11,488 (2017: £15,843).