Company Registration No. SC503897 (Scotland)
Chak 555 Limited
Unaudited accounts
for the year ended 30 April 2018
Chak 555 Limited
Unaudited accounts
Contents
Chak 555 Limited
Company Information
for the year ended 30 April 2018
Company Number
SC503897 (Scotland)
Registered Office
7 Market Street
Kilsyth
G65 0BD
SCOTLAND
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Chak 555 Limited
Statement of financial position
as at 30 April 2018
Tangible assets
12,403
15,504
Cash at bank and in hand
851
1
Creditors: amounts falling due within one year
(244,597)
(242,897)
Net current liabilities
(243,746)
(242,896)
Net liabilities
(231,343)
(227,392)
Called up share capital
1
1
Profit and loss account
(231,344)
(227,393)
Shareholders' funds
(231,343)
(227,392)
For the year ending 30 April 2018 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 January 2019.
Mohammad Hadar
Director
Company Registration No. SC503897
Chak 555 Limited
Notes to the Accounts
for the year ended 30 April 2018
Chak 555 Limited is a private company, limited by shares, registered in Scotland, registration number SC503897. The registered office is 7 Market Street, Kilsyth, G65 0BD, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Chak 555 Limited
Notes to the Accounts
for the year ended 30 April 2018
5
Creditors: amounts falling due within one year
2018
2017
Other creditors
242,897
242,897
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).