Chetal Enterprises Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08167924 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 3 AUGUST 2012 TO 31 AUGUST 2013

FOR

CHETAL ENTERPRISES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

T Chetal

REGISTERED OFFICE:

32 Bayston Court

Sugar Way

Peterborough

Cambridgeshire

PE2 9SF

REGISTERED NUMBER:

08167924 (England and Wales)

ACCOUNTANTS:

Kirby and Haslam

Chartered Accountants

11 King Street

King's Lynn

Norfolk

PE30 1ET

FIXED ASSETS

Tangible assets

2

686

CURRENT ASSETS

Cash at bank

99

CREDITORS

Amounts falling due within one year

4,150

NET CURRENT LIABILITIES

(4,051

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,365

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(3,465

)

SHAREHOLDERS' FUNDS

(3,365

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 August 2014 and were signed by:

T Chetal - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have reviewed the company's cash flow position and consider that the company will be able to

operate within its available facilities.

The financial statements have been prepared on the going concern basis which assumes that the company will

continue in operational existence for the foreseeable. The company is insolvent, the directors have assessed the

situation and will provide finance, if and when required, to clear any balance which may become payable in the

future.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Going concern

These financial statements have been prepared on the going concern basis. The directors consider this basis to be

appropriate but have not assessed a period in excess of 12 months from the date of approving the accounts.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

839

At 31 August 2013

839

DEPRECIATION

Charge for period

153

At 31 August 2013

153

NET BOOK VALUE

At 31 August 2013

686

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Chetal Enterprises Limited for the period ended 31 August 2013 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Chetal Enterprises Limited in accordance with our terms of engagement.

Our work has been undertaken solely to prepare for your approval the financial statements of Chetal Enterprises Limited

and state those matters that we have agreed to state to the director of Chetal Enterprises Limited in this report in

accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not

accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Chetal Enterprises Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Chetal

Enterprises Limited. You consider that Chetal Enterprises Limited is exempt from the statutory audit requirement for the

period.

We have not been instructed to carry out an audit or a review of the financial statements of Chetal Enterprises Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kirby and Haslam

Chartered Accountants

11 King Street

King's Lynn

Norfolk

PE30 1ET

21 August 2014