55 Chepstow Road Limited - Period Ending 2020-08-31

55 Chepstow Road Limited

Contents

Company Information	1
Abridged Balance Sheet	2
Notes to the Unaudited Abridged Financial Statements	3 to 4

55 Chepstow Road Limited

Company Information

Directors

Elizabeth Blanche Birch Anthony Paul Schlessinger

Registered office

80-83 Long Lane London EC1A 9ET

Accountants

Carbon Accountancy Limited 80-83 Long Lane London EC1A 9ET

55 Chepstow Road Limited

(Registration number: 05900576)
Abridged Balance Sheet as at 31 August 2020

	Note	2020 £	2019 £
Fixed assets
Tangible assets	4	10,500	10,500
Capital and reserves
Called up share capital	5	3	3
Share premium reserve		10,497	10,497
Shareholders' funds		10,500	10,500

For the financial year ending 31 August 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 22 May 2021 and signed on its behalf by:
 

.........................................

Elizabeth Blanche Birch
Director

55 Chepstow Road Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2020

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
80-83 Long Lane
London
EC1A 9ET
United Kingdom

These financial statements were authorised for issue by the Board on 22 May 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold land	not depreciated

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2019 - 0).

55 Chepstow Road Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2020

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 September 2019	10,500	10,500
At 31 August 2020	10,500	10,500
Depreciation
Carrying amount
At 31 August 2020	10,500	10,500
At 31 August 2019	10,500	10,500

Included within the net book value of land and buildings above is £10,500 (2019 - £10,500) in respect of freehold land and buildings.
 

5	Share capital

Allotted, called up and fully paid shares

	2020		2019
	No.	£	No.	£
Ordinary shares of £1 each	3	3	3	3