Graeme P Chatham (West) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC049733 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Graeme P Chatham (West) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G P Chatham

Mrs E M T Chatham

C W Chatham

SECRETARY:

REGISTERED OFFICE:

Shepherd & Wedderburn LLP

1 Exchange Crescent,

Conference Square

Edinburgh

EH3 8UL

REGISTERED NUMBER:

SC049733 (Scotland)

ACCOUNTANTS:

Douglas Home and Co Ltd

Old Tweed Mill

Dunsdale Road

Selkirk

Selkirkshire

TD7 5DZ

FIXED ASSETS

Property, plant and equipment

3

-

-

Investments

4

486,215

-

486,215

-

CURRENT ASSETS

Debtors

5

1,454

1,831

Cash at bank

282,949

723,788

284,403

725,619

CREDITORS

Amounts falling due within one year

6

6,805

630

NET CURRENT ASSETS

277,598

724,989

TOTAL ASSETS LESS CURRENT LIABILITIES

763,813

724,989

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

763,713

724,889

763,813

724,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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.

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

The financial statements were approved by the Board of Directors on 25 July 2019 and were signed on its behalf by:

G P Chatham - Director

1.	STATUTORY INFORMATION

Graeme P Chatham (West) Limited is a private company, limited by shares , registered in Scotland. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

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

Office Equipment

-

33% on cost and 25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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.

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.

3.	PROPERTY, PLANT AND EQUIPMENT

Office

Equipment

£

COST

At 1 April 2018

and 31 March 2019

447

DEPRECIATION

At 1 April 2018

and 31 March 2019

447

NET BOOK VALUE

At 31 March 2019

-

At 31 March 2018

-

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

486,313

Disposals

(98

)

At 31 March 2019

486,215

NET BOOK VALUE

At 31 March 2019

486,215

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/3/18

£

£

Other debtors

1,454

1,831

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/3/18

£

£

Other creditors

6,805

630