CHS Networks Limited - Accounts to registrar (filleted) - small 18.2

CHS Networks Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv20.1.5.7103632235Board of Directors1.10.1830.9.1930.9.19falsetruefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure036322352018-09-30036322352019-09-30036322352018-10-012019-09-30036322352017-09-30036322352017-10-012018-09-30036322352018-09-3003632235ns15:EnglandWales2018-10-012019-09-3003632235ns14:PoundSterling2018-10-012019-09-3003632235ns10:Director12018-10-012019-09-3003632235ns10:PrivateLimitedCompanyLtd2018-10-012019-09-3003632235ns10:SmallEntities2018-10-012019-09-3003632235ns10:AuditExempt-NoAccountantsReport2018-10-012019-09-3003632235ns10:SmallCompaniesRegimeForDirectorsReport2018-10-012019-09-3003632235ns10:SmallCompaniesRegimeForAccounts2018-10-012019-09-3003632235ns10:FullAccounts2018-10-012019-09-3003632235ns10:Director22018-10-012019-09-3003632235ns10:CompanySecretary12018-10-012019-09-3003632235ns10:RegisteredOffice2018-10-012019-09-3003632235ns5:CurrentFinancialInstruments2019-09-3003632235ns5:CurrentFinancialInstruments2018-09-3003632235ns5:Non-currentFinancialInstruments2019-09-3003632235ns5:Non-currentFinancialInstruments2018-09-3003632235ns5:ShareCapital2019-09-3003632235ns5:ShareCapital2018-09-3003632235ns5:RetainedEarningsAccumulatedLosses2019-09-3003632235ns5:RetainedEarningsAccumulatedLosses2018-09-3003632235ns5:ComputerEquipment2018-10-012019-09-3003632235ns5:FurnitureFittings2018-09-3003632235ns5:MotorVehicles2018-09-3003632235ns5:ComputerEquipment2018-09-3003632235ns5:FurnitureFittings2018-10-012019-09-3003632235ns5:MotorVehicles2018-10-012019-09-3003632235ns5:FurnitureFittings2019-09-3003632235ns5:MotorVehicles2019-09-3003632235ns5:ComputerEquipment2019-09-3003632235ns5:FurnitureFittings2018-09-3003632235ns5:MotorVehicles2018-09-3003632235ns5:ComputerEquipment2018-09-3003632235ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-09-3003632235ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-09-30
REGISTERED NUMBER: 03632235(England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

CHS NETWORKS LIMITED

CHS NETWORKS LIMITED (REGISTERED NUMBER: 03632235)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHS NETWORKS LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2019







DIRECTORS: N A Schwemm
C Macphee





SECRETARY: M Robson





REGISTERED OFFICE: 19 Montpelier Avenue
Bexley
Kent
DA5 3AP





REGISTERED NUMBER: 03632235(England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

CHS NETWORKS LIMITED (REGISTERED NUMBER: 03632235)

BALANCE SHEET
30 September 2019

2019 2018
Notes £    £   
FIXED ASSETS
Tangible assets 4 25,807 21,858

CURRENT ASSETS
Stocks 17,888 18,588
Debtors 5 146,549 253,443
Cash at bank and in hand 36,997 167
201,434 272,198
CREDITORS
Amounts falling due within one year 6 (173,532 ) (228,961 )
NET CURRENT ASSETS 27,902 43,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,709

65,095

CREDITORS
Amounts falling due after more than one
year

7

(46,265

)

(60,773

)
NET ASSETS 7,444 4,322

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,344 4,222
SHAREHOLDERS' FUNDS 7,444 4,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

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

CHS NETWORKS LIMITED (REGISTERED NUMBER: 03632235)

BALANCE SHEET - continued
30 September 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 10 June 2020and were
signed on its behalf by:





N A Schwemm- Director


CHS NETWORKS LIMITED (REGISTERED NUMBER: 03632235)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2019

1. STATUTORY INFORMATION

CHS Networks 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 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.

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.
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16(2018 - 16) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2018 47,713 3,000 35,641 86,354
Additions 10,400 - - 10,400
At 30 September 2019 58,113 3,000 35,641 96,754
DEPRECIATION
At 1 October 2018 33,664 1,080 29,752 64,496
Charge for year 4,890 384 1,177 6,451
At 30 September 2019 38,554 1,464 30,929 70,947
NET BOOK VALUE
At 30 September 2019 19,559 1,536 4,712 25,807
At 30 September 2018 14,049 1,920 5,889 21,858

CHS NETWORKS LIMITED (REGISTERED NUMBER: 03632235)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2019

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 109,494 141,388
Other debtors 37,055 112,055
146,549 253,443

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Bank loans and overdrafts 17,820 53,926
Hire purchase contracts 1,536 3,608
Trade creditors 74,497 104,015
Taxation and social security 72,490 60,860
Other creditors 7,189 6,552
173,532 228,961

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2019 2018
£    £   
Bank loans 46,265 60,773