Company Registration No. 07237986 (England and Wales)
Chello Publishing Limited
Unaudited accounts
for the year ended 30 April 2022
Chello Publishing Limited
Unaudited accounts
Contents
Chello Publishing Limited
Company Information
for the year ended 30 April 2022
Directors
Yello Balolia
Christopher Cheyette
Company Number
07237986 (England and Wales)
Registered Office
51 PETER HEATHFIELD HOUSE 261 HIGH STREE
STRATFORD
LONDON
E15 2LR
ENGLAND
Accountants
Tax Ninja Limited
39 Mullein Road
Bicester
Oxfordshire
OX26 3WF
Chello Publishing Limited
Statement of financial position
as at
30 April 2022
Tangible assets
4,889
6,518
Inventories
56,620
33,389
Cash at bank and in hand
174,060
145,150
Creditors: amounts falling due within one year
(72,255)
(67,183)
Net current assets
201,812
159,589
Net assets
206,701
166,107
Called up share capital
130
130
Profit and loss account
206,571
165,977
Shareholders' funds
206,701
166,107
For the year ending 30 April 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 August 2022 and were signed on its behalf by
Yello Balolia
Director
Company Registration No. 07237986
Chello Publishing Limited
Notes to the Accounts
for the year ended 30 April 2022
Chello Publishing Limited is a private company, limited by shares, registered in England and Wales, registration number 07237986. The registered office is 51 PETER HEATHFIELD HOUSE 261 HIGH STREE, STRATFORD, LONDON, E15 2LR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Computer equipment
25% reducing balance basis
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Contributions to defined contribution plans are expensed in the period to which they relate.
Chello Publishing Limited
Notes to the Accounts
for the year ended 30 April 2022
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2021
119,123
23,242
142,365
At 30 April 2022
119,123
23,242
142,365
At 1 May 2021
115,265
20,582
135,847
Charge for the year
964
665
1,629
At 30 April 2022
116,229
21,247
137,476
At 30 April 2022
2,894
1,995
4,889
At 30 April 2021
3,858
2,660
6,518
Amounts falling due within one year
Trade debtors
39,713
47,669
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
71,243
62,945
Loans from directors
-
4,210
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).
8
Reconciliations on adoption of FRS 102