Graeme P Chatham (West) Limited - Limited company - abbreviated - 11.0.0
Graeme P Chatham (West) Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 March 2014 |
| for |
| Graeme P Chatham (West) Limited |
| Graeme P Chatham (West) Limited (Registered number: SC049733) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Accountants' Report | 5 |
| Graeme P Chatham (West) Limited |
| Company Information |
| for the Year Ended 31 March 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Tax Advisers & Accountants |
| BANKERS: |
| Graeme P Chatham (West) Limited (Registered number: SC049733) |
| Abbreviated Balance Sheet |
| 31 March 2014 |
| 31.3.14 | 31.3.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on |
| Graeme P Chatham (West) Limited (Registered number: SC049733) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2014 |
| 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). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Motor vehicles | - |
| Office Equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| market value is transferred to a revaluation reserve. |
| 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. |
| Basis of preparation |
| The financial statements have been prepared in accordance with applicable accounting standards. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Disposals | ( |
) |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Eliminated on disposal | ( |
) |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| Graeme P Chatham (West) Limited (Registered number: SC049733) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| and 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.14 | 31.3.13 |
| value: | £ | £ |
| Ordinary Shares | £1 |
| 6. | RELATED PARTY DISCLOSURES |
| The Chatham Discretionary Trust Fund controls the company. The ultimate controlling party is Graeme P |
| Chatham, a director of the company and a Trustee and Beneficiary of The Chatham Discretionary Trust Fund. |
| During the year the company gave loan funding to Graeme P Chatham Ltd a company in which GP Chatham and |
| EMT Chatham were formerly directors. Graeme P Chatham Ltd is now in liquidation. At the year end the |
| balance owed to the company and claimed in the liquidation was £59,721 (2013 £51,140). The directors |
| anticipate that this debt remains fully recoverable. |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Graeme P Chatham (West) Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Graeme P Chatham (West) Limited for the year ended 31 March 2014 which comprise the Profit |
| and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information |
| and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other |
| professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance. |
| This report is made solely to the Board of Directors of Graeme P Chatham (West) Limited, as a body, in accordance |
| with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial |
| statements of Graeme P Chatham (West) Limited and state those matters that we have agreed to state to the Board of |
| Directors of Graeme P Chatham (West) Limited, as a body, in this report in accordance with the requirements of the |
| Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To |
| the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its |
| Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Graeme P Chatham (West) Limited has kept adequate accounting records and to prepare |
| statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Graeme |
| P Chatham (West) Limited. You consider that Graeme P Chatham (West) Limited is exempt from the statutory audit |
| requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Graeme P Chatham (West) |
| Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Tax Advisers & Accountants |
| 21 July 2014 |