Charta Overseas Limited - Limited company - abbreviated

REGISTERED NUMBER: 05877961 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

Charta Overseas Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G E Raby

C R Walton

SECRETARY:

G E Raby

REGISTERED OFFICE:

Kestrel Lodge

Upper Hexgreave

Farnsfield

Newark

Nottinghamshire

NG22 8LS

REGISTERED NUMBER:

05877961 (England and Wales)

ACCOUNTANTS:

Net Accountancy Solutions LLP

Kestrel Lodge

Upper Hexgreave

Farnsfield

Newark

Nottinghamshire

NG22 8LS

FIXED ASSETS

Tangible assets

2

145

193

CREDITORS

Amounts falling due within one year

59,870

57,089

NET CURRENT LIABILITIES

(59,870

)

(57,089

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(59,725

)

(56,896

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(59,727

)

(56,898

)

SHAREHOLDERS' FUNDS

(59,725

)

(56,896

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 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 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 Board of Directors on 28 April 2015 and were signed on its behalf by:

G E Raby - Director

1.	ACCOUNTING POLICIES

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).

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

-

33% on cost

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Going concern

At the year end the balance sheet was overdrawn by £59,725. The directors have expressed their intention to

support the company and will not take money out of the company until there are sufficient funds to do so.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

and 31 July 2014

4,812

DEPRECIATION

At 1 August 2013

4,619

Charge for year

48

At 31 July 2014

4,667

NET BOOK VALUE

At 31 July 2014

145

At 31 July 2013

193

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1

A Ordinary

£1

1

B Ordinary

£1

1

2

Charta Overseas Limited - Limited company - abbreviated - 11.6

Charta Overseas Limited - Limited company - abbreviated - 11.6