Registered Number
:
00669444
|
For the year ended 31 January 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2022
Edward Chaston Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Edward Chaston Limited
Statement of Financial Position
2021
2022
Property
,
plant and equipment
|
52,721
55,120
2
52,721
55,120
65,137
73,138
3
Trade and other receivables
|
272,339
66,893
4
365,707
Cash and cash equivalents
|
551,879
691,910
703,183
Trade and other payables
:
amounts falling due within one
|
year
|
(519,341)
(520,653)
5
183,842
171,257
Net current assets
Total assets less current liabilities
|
223,978
238,962
Trade and other payables
:
amounts falling due after more
|
than one year
|
(48,600)
(36,002)
6
187,976
Net assets
190,362
100
100
187,876
190,262
187,976
190,362
Shareholders' funds
For the year ended 31 January 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
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For the year ended 31 January 2022
Edward Chaston Limited
Statement of Financial Position Continued
Mrs. V.C. Whitfield Director
|
These financial statements were approved and authorised for issue by the Board on 16 January 2023 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 January 2022
Edward Chaston Limited
Notes to the Financial Statements
Statutory Information
Edward Chaston Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
00669444
.
|
Principal place of business
:
|
Vane House
New Silksworth
Sunderland
10 Grange Terrace
Sunderland
SR2 7DF
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and
|
the Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Property improvements
Term of Lease Reducing balance
|
Plant, equip & motor vehicles
Buildings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
For the year ended 31 January 2022
Edward Chaston Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Plant
,
equip
&
|
motor vehicles
|
213,662
110,770
102,892
102,892
110,770
213,662
Provision for depreciation and impairment
|
158,542
106,252
52,290
Charge for year
2,399
1,134
1,265
160,941
107,386
53,555
49,337
3,384
52,721
50,602
4,518
55,120
2021
2022
73,138
65,137
4
.
Trade and other receivables
|
2021
2022
42,430
231,947
24,463
40,392
272,339
66,893
5
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
10,648
1,400
242,593
245,206
Taxation and social security
|
97,560
32,469
Directors
'
loan accounts
|
153,415
222,263
16,437
18,003
520,653
519,341
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For the year ended 31 January 2022
Edward Chaston Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2021
2022
36,002
48,600
7
.
Average number of persons employed
|
During the year the average number of employees were 27 (2021 : 27)
5 of 5