Chester Court (Management) Limited - Period Ending 2017-03-31

Registration number: 02494810

Chester Court (Management) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2017

Power Accountax Limited
Chartered Accountants
8c High Street
Southampton
Hampshire
SO14 2DH

Chester Court (Management) Limited

Profit and Loss Account for the Year Ended 31 March 2017

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The notes on pages 3 to 4 form an integral part of these financial statements.

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Chester Court (Management) Limited

(Registration number: 02494810)
Balance Sheet as at 31 March 2017

	Note	2017 £	2016 £
Current assets
Debtors	3	120	120
Capital and reserves
Called up share capital	4	120	120
Total equity		120	120

For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his 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 and authorised by the director on 27 September 2017
 

.........................................

Dr Julie Anne Groves

Director

The notes on pages 3 to 4 form an integral part of these financial statements.

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Chester Court (Management) Limited

Notes to the Financial Statements for the Year Ended 31 March 2017

1	General information

The company is a private company limited by share capital incorporated in United Kingdom.

The address of its registered office is:
13 Quay Hill
Lymington
Hampshire
SO41 3AR

These financial statements were authorised for issue by the director on 27 September 2017.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

	2017 £	2016 £
Other debtors	120	120
Total current trade and other debtors	120	120

4	Share capital

Allotted, called up and fully paid shares

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Chester Court (Management) Limited

Notes to the Financial Statements for the Year Ended 31 March 2017

	2017		2016
	No.	£	No.	£
Ordinary Shares of £1 each	30	30	30	30
Ordinary B Shares of £1 each	90	90	90	90
	120	120	120	120

5	Commitments

Capital commitments

The total amount contracted for but not provided in the financial statements was £Nil (2016 - £Nil).

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