CHATTO LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 30 NOVEMBER 2017 | |
CHATTO LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 30 NOVEMBER 2017 | |||
DIRECTORS | |||
R P Chatto | |||
SECRETARY | |||
R S Chatto | |||
REGISTERED OFFICE | |||
6 Bedford Road Barton Le Clay Bedfordshire MK45 4JU |
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COMPANY REGISTERED NUMBER | |||
02990222 | |||
BANKERS | |||
Santander UK Plc | |||
ACCOUNTANTS | |||
Needham Hall & Co. | |||
Chartered Accountants | |||
6 Bedford Road Barton Le Clay Bedfordshire MK45 4JU. |
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CONTENTS | |||
Pages | |||
2 | Statement of Financial Position | ||
3-6 | Notes to the Financial Statements | ||
page 1 | |
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Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2017 | 2016 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Property, plant and equipment | 2 |
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CURRENT ASSETS | |||||
Debtors | 3 |
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Cash at bank and in hand |
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CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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NET ASSETS | £ |
£ |
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CAPITAL AND RESERVES | |||||
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS | £ |
£ |
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In approving these financial statements as directors of the company we hereby confirm the following: | |||
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
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The notes on pages 3-6 form part of these financial statements | |
page 2 | |
CHATTO LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
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Registered office: | ||||
Barton Le Clay Bedfordshire MK45 4JU |
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These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 December 2016. | ||||
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Basis of accounting | ||||
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1c. | Revenue recognition | |||
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1d. | Taxation | |||
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1e. | Property, plant and equipment | ||
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Fixtures and fittings |
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1f. | Short term debtors and creditors | |||
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The notes on pages 3-6 form part of these financial statements | |
page 3 | |
CHATTO LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1g. | Cash and cash equivalents | |||
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1h. | Discontinued operations | |||
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1i. | Provisions | |||
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1j. | Judgements and key sources of estimation uncertainty | |||
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The notes on pages 3-6 form part of these financial statements | |
page 4 | |
CHATTO LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
2. | PROPERTY, PLANT AND EQUIPMENT | ||
Plant & | |||
Machinery | Total | ||
£ | £ | ||
Cost | |||
At 1 December 2016 |
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At 30 November 2017 |
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Depreciation | |||
At 1 December 2016 |
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For the year |
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At 30 November 2017 |
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Net Book Amounts | |||
At 30 November 2017 |
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At 30 November 2016 |
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3. | DEBTORS | 2017 | 2016 |
£ | £ | ||
Trade debtors |
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Other debtors |
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£ |
£ |
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4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
2017 | 2016 | ||
£ | £ | ||
Corporation tax |
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Other taxes and social security |
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Other creditors |
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Accruals and deferred income |
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£ |
£ |
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The notes on pages 3-6 form part of these financial statements | |
page 5 | |
CHATTO LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 30 NOVEMBER 2017 |
5. | RELATED PARTY TRANSACTIONS | ||
During the year the company made sales of £28,872 (2016 £48,075) to the company Stockton Engineering Management Limited in which the company has a material interest in as a shareholder. The sales were made on a normal trading basis. | |||
During the year, total dividends of £7,200 (2016 £6,300) were paid to the directors. | |||
The company was controlled throughout the current and previous year by the director Mr R P Chatto, by virtue of the fact that he and his wife owned 100% of the company's issued share capital. |
The notes on pages 3-6 form part of these financial statements | |
page 6 |