Chartwell Project Management Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05286100 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2018

for

Chartwell Project Management Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Johnston ARICS

Mrs S M Johnston

SECRETARY:

Mrs S M Johnston

REGISTERED OFFICE:

Unit 15 Meridian Business Village

Hansby Drive

Hunts Cross

Liverpool

Merseyside

L24 9LG

REGISTERED NUMBER:

05286100 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

4

9,930

9,050

Investments

5

117,171

128,278

127,101

137,328

CURRENT ASSETS

Debtors

241,478

161,181

Cash at bank and in hand

4,035,324

3,862,237

4,276,802

4,023,418

CREDITORS

Amounts falling due within one year

(307,875

)

(358,113

)

NET CURRENT ASSETS

3,968,927

3,665,305

TOTAL ASSETS LESS CURRENT LIABILITIES

4,096,028

3,802,633

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

4,096,027

3,802,632

SHAREHOLDERS' FUNDS

4,096,028

3,802,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Balance Sheet for the year ended 31 December 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 March 2019 and were signed on its behalf by:

S A Johnston ARICS - Director

1.	STATUTORY INFORMATION

Chartwell Project Management Ltd 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to

the nearest £1.

Turnover

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

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2017 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2018

44,000

Additions

4,470

At 31 December 2018

48,470

DEPRECIATION

At 1 January 2018

34,950

Charge for year

3,590

At 31 December 2018

38,540

NET BOOK VALUE

At 31 December 2018

9,930

At 31 December 2017

9,050

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 January 2018

128,278

Revaluations

(11,107

)

At 31 December 2018

117,171

NET BOOK VALUE

At 31 December 2018

117,171

At 31 December 2017

128,278

Cost or valuation at 31 December 2018 is represented by:

Totals

£

Valuation in 2015

97,555

Valuation in 2017

30,723

Valuation in 2018

(11,107

)

117,171

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.18

31.12.17

value:

£

£

1

Ordinary

£1

1

1