Abbreviated Company Accounts - CHATHAM ESTATES LIMITED

CHATHAM ESTATES LIMITED - Company Information

05350743 CHATHAM ESTATES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05350743 2015-04-01 2016-03-31 05350743 2016-03-31 05350743 2015-03-31 05350743 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05350743 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05350743

CHATHAM ESTATES LIMITED

Abbreviated Accounts

31 March 2016

CHATHAM ESTATES LIMITED Registered Number 05350743

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		734,731	827,500
Debtors		1,215,288	1,200,961
Cash at bank and in hand		30,951	33,830
		1,980,970	2,062,291
Prepayments and accrued income		213,901	213,901
Creditors: amounts falling due within one year	2	(149,390)	(244,540)
Net current assets (liabilities)		2,045,481	2,031,652
Total assets less current liabilities		2,045,481	2,031,652
Creditors: amounts falling due after more than one year	2	(1,708,377)	(1,816,654)
Accruals and deferred income		(370,395)	(248,368)
Total net assets (liabilities)		(33,291)	(33,370)
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		(33,294)	(33,373)
Shareholders' funds		(33,291)	(33,370)

For the year ending 31 March 2016 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 December 2016

And signed on their behalf by:
Mr G Richardson, Director

CHATHAM ESTATES LIMITED Registered Number 05350743

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Valuation information and policy
Stock and Work In Progress
Work in progress is valued at the lower of cost and net realisable value.

Other accounting policies
Interest Payable - Accrued interest due of £68,405 to a related company has not been included in the accounts as there are insufficient funds to pay.
Interest Receivable - For the purposes of consistency the corresponding interest charge of £68405 to a related company has not been provided for as the company has insufficient funds to pay.

2Creditors

	2016 £	2015 £
Secured Debts	810,654	901,771

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
3 Ordinary shares of £1 each	3	3