Chardon Enterprises Limited - Accounts to registrar (filleted) - small 22.3
Chardon Enterprises Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| Financial Statements for the Period 1 May 2021 to 13 February 2022 |
| for |
| Chardon Enterprises Limited |
| Previously known as |
| Chardon Hotels Limited |
| Chardon Enterprises Limited (Registered number: SC599708) |
| previously known as Chardon Hotels Limited |
| Contents of the Financial Statements |
| for the Period 1 May 2021 to 13 February 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Chardon Enterprises Limited |
| previously known as Chardon Hotels Limited |
| Company Information |
| for the Period 1 May 2021 to 13 February 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SENIOR STATUTORY AUDITOR: |
| AUDITORS: |
| Chartered Accountants |
| Statutory Auditor |
| 25 Sandyford Place |
| Glasgow |
| G3 7NG |
| Chardon Enterprises Limited (Registered number: SC599708) |
| previously known as Chardon Hotels Limited |
| Balance Sheet |
| 13 February 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 |
| Chardon Enterprises Limited (Registered number: SC599708) |
| previously known as Chardon Hotels Limited |
| Notes to the Financial Statements |
| for the Period 1 May 2021 to 13 February 2022 |
| 1. | STATUTORY INFORMATION |
| Chardon Enterprises Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on the going concern basis notwithstanding that the company's liabilities exceeded its assets at the balance sheet date. The company is dependent on the continued financial support of its directors. Assurances have been provided by the directors that financial resources will be made available to ensure that the company can continue to meets its liabilities as they fall due for the period of 12 months from the date of approval of these accounts. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group. |
| 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 |
| Tenant's improvements | - |
| Fittings and equipment | - |
| Motor vehicles | - |
| Financial instruments |
| Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the statement of total comprehensive income in administrative expenses. |
| Chardon Enterprises Limited (Registered number: SC599708) |
| previously known as Chardon Hotels Limited |
| Notes to the Financial Statements - continued |
| for the Period 1 May 2021 to 13 February 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the period 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 period 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. |
| Pension costs and other post-retirement benefits |
| The company makes contributions to the personal pension schemes of its employees. Contributions payable are charged to profit or loss in the period to which they relate. |
| Grant income |
| Where applicable, grants from the government are recognised at their fair value where there is a reasonable assurance that the grant will be received and that the company will comply with all attached conditions. Where the grant income relates to a particular expense item, the grant income is recognised in the income statement over the same period as the expense it is intended to compensate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| Chardon Enterprises Limited (Registered number: SC599708) |
| previously known as Chardon Hotels Limited |
| Notes to the Financial Statements - continued |
| for the Period 1 May 2021 to 13 February 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Fittings |
| Tenant's | and | Motor |
| improvements | equipment | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 May 2021 |
| Additions |
| At 13 February 2022 |
| DEPRECIATION |
| At 1 May 2021 |
| Charge for period |
| At 13 February 2022 |
| NET BOOK VALUE |
| At 13 February 2022 |
| At 30 April 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2022 | 2021 |
| £ | £ |
| Amounts owed to group undertakings |
| Chardon Enterprises Limited (Registered number: SC599708) |
| previously known as Chardon Hotels Limited |
| Notes to the Financial Statements - continued |
| for the Period 1 May 2021 to 13 February 2022 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | OTHER FINANCIAL COMMITMENTS |
| The company had commitments, guarantees and contingencies of £ 9,917 ( 2021 -£15,750). |
| 10. | RELATED PARTY DISCLOSURES |
| During the year, the company was a subsidiary of Chardon Trading Limited which owns 100% of the share capital. However, since the balance sheet date , there has been a change in ownership of the shares of the company. Nicola J Taylor Beal, director is now the controlling party. |
| 11. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES |
| In common with businesses of a similar size and nature the company uses its auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. |
| 12. | SECURED DEBTS |
| Cross guarantees exist between the company and other group companies in respect of bank accounts and loans with the Royal Bank of Scotland plc. These are supported by standard securities over the properties owned by the group and a floating charge over group assets. |