Registration number:
Chart Strategies Limited
for the Year Ended 30 June 2019
Ashcombe Court
Woolsack Way
Godalming
Surrey
GU7 1LQ
Chart Strategies Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Chart Strategies Limited
Company Information
Directors |
D P T Granter C M Campeggi |
Registered office |
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Accountants |
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Page 1 |
Chart Strategies Limited
(Registration number: 07465372)
Balance Sheet as at 30 June 2019
Note |
2019 |
2018 |
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Current assets |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Capital redemption reserve |
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Profit and loss account |
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Total equity |
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For the financial year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
Director
Page 2 |
Chart Strategies Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
Revenue recognition
Turnover represents the share of profits attributable to the investment held in Rockpool LLP and the realised gains made on the sale of other investments.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Investments held as current assets
Purchases and sales of investments are recognised on the trade date - the date on which the company becomes committed to purchase or sell the investment. Transaction costs are included in the profit and loss account as incurred. Investments held include secured and unsecured loan positions, equity interests in property developments, direct private equity positions in growth companies and interests in certain fund positions.
Current asset investments are measured at cost less impairment.
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Chart Strategies Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Debtors |
2019 |
2018 |
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Other debtors |
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Accrued income |
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Corporation tax |
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Total current trade and other debtors |
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Current asset investments |
2019 |
2018 |
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Unlisted investments |
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Creditors |
Note |
2019 |
2018 |
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Due within one year |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Other creditors |
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Accruals |
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Corporation tax |
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Page 4 |
Chart Strategies Limited
Notes to the Financial Statements for the Year Ended 30 June 2019
Share capital |
Allotted, called up and fully paid shares
2019 |
2018 |
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No. |
£ |
No. |
£ |
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0.50 |
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0.50 |
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5,000,000 |
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5,000,000 |
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Related party transactions |
Expenditure with and payables to related parties
2019 |
Other related parties |
Amounts payable to related party |
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2018 |
Other related parties |
Amounts payable to related party |
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