CHESSINGTON LIMITED

CHESSINGTON LIMITED

CHESSINGTON LIMITED - Company Information

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CHESSINGTON LIMITED

Company Registration Number:
05301883 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2020

Period of accounts

Start date: 01 July 2019

End date: 30 June 2020

CHESSINGTON LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2020

Balance sheet
Notes

CHESSINGTON LIMITED

Balance sheet

As at 30 June 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 800,000 800,000
Total fixed assets: 800,000 800,000
Current assets
Debtors:   36,454 18,807
Cash at bank and in hand: 79 91
Total current assets: 36,533 18,898
Creditors: amounts falling due within one year:   (54,531) (33,930)
Net current assets (liabilities): (17,998) (15,032)
Total assets less current liabilities: 782,002 784,968
Creditors: amounts falling due after more than one year:   (618,120) (618,120)
Total net assets (liabilities): 163,882 166,848
Capital and reserves
Called up share capital: 1 1
Revaluation reserve:4286,000286,000
Profit and loss account: (122,119) (119,153)
Shareholders funds: 163,882 166,848

The notes form part of these financial statements

CHESSINGTON LIMITED

Balance sheet statements

For the year ending 30 June 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 June 2021
and signed on behalf of the board by:

Name: Mr Stephen Eagle
Status: Director

The notes form part of these financial statements

CHESSINGTON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write of the cost or valuation of assets less their residual values over their useful lives on the following bases:land and buildings Freehold - Directors valuation

Other accounting policies

These financial statements are prepared on a going concern basis which assumes that the company’s directors will offer their continued support.

CHESSINGTON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

2. Employees

2020 2019
Average number of employees during the period 1 1

CHESSINGTON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

3. Tangible Assets

Total
Cost £
At 01 July 2019 800,000
At 30 June 2020 800,000
Depreciation
At 01 July 2019 0
At 30 June 2020 0
Net book value
At 30 June 2020 800,000
At 30 June 2019 800,000

CHESSINGTON LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

4. Revaluation reserve

2020
£
Balance at 01 July 2019 286,000
Surplus or deficit after revaluation 0
Balance at 30 June 2020 286,000