MALCOLM CHALK LTD - Accounts to registrar - small 16.3d
MALCOLM CHALK LTD - Accounts to registrar - small 16.3d
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2016 |
| FOR |
| MALCOLM CHALK LTD |
| MALCOLM CHALK LTD (REGISTERED NUMBER: 05081292) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| MALCOLM CHALK LTD |
| COMPANY INFORMATION |
| for the Year Ended 31 May 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 54 Sun Street |
| Waltham Abbey |
| Essex |
| EN9 1EJ |
| MALCOLM CHALK LTD (REGISTERED NUMBER: 05081292) |
| BALANCE SHEET |
| 31 May 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| MALCOLM CHALK LTD (REGISTERED NUMBER: 05081292) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2016 |
| 1. | STATUTORY INFORMATION |
| MALCOLM CHALK LTD is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are presented in sterling (£) which is also the functional currency for the company. |
| Transition to Financial Reporting Standard 102 |
| The date of transition for the Financial Reporting Standard 102 purposes was 1st June 2014. As part of the |
| transition process, there have been no changes to accounting policies. In addition, there have been no transitional |
| adjustments necessary to reconcile equity determined in accordance with the previous financial reporting |
| framework to equity determined in accordance with the Financial Reporting Standard 102 as at the date of |
| transition and at the end of the latest period presented in the company's most recent financial statements |
| determined in accordance with its previous financial reporting framework. No transitional adjustments have been |
| required, in addition, to reconcile the profit or loss determined in accordance with the company's previous |
| financial reporting framework for the latest period in the company's most recent annual financial statements to its |
| profit or loss determined in accordance with the Financial Reporting Standard 102 for the same period. |
| 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 |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Debtors receivable within one year |
| 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 profit and loss account in other |
| administrative expenses. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| MALCOLM CHALK LTD (REGISTERED NUMBER: 05081292) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2016 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 June 2015 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 May 2016 |
| DEPRECIATION |
| At 1 June 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 May 2016 |
| NET BOOK VALUE |
| At 31 May 2016 |
| At 31 May 2015 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors |
| Amounts recoverable on contract |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Hire purchase contracts |
| 8. | RELATED PARTY DISCLOSURES |
| During the year, the company declared interim dividends to Mr M Chalk, a company director, of £33,000 (2015: |
| £28,000). Interim dividends were also declared to the company secretary, Mrs J Chalk, for £9,000 ( |
| 2015:£10,000). |