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REGISTERED NUMBER: 00252837 (England and Wales)















CHESHAM SPORTS COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018






CHESHAM SPORTS COMPANY LIMITED (REGISTERED NUMBER: 00252837)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CHESHAM SPORTS COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: R A Gregory
N P Calder
I A Campbell
D W Flitney
G D Rance
M J Woolnough
D A Taylor
P W Reynolds





SECRETARY: R A Gregory





REGISTERED OFFICE: 2 Birch Tree Grove
Ley Hill
Chesham
Buckinghamshire
HP5 1XZ





REGISTERED NUMBER: 00252837 (England and Wales)

CHESHAM SPORTS COMPANY LIMITED (REGISTERED NUMBER: 00252837)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,257 8,257

CURRENT ASSETS
Debtors 5 567 535
Investments 6 20,000 20,000
Cash at bank 21,960 18,127
42,527 38,662
CREDITORS
Amounts falling due within one year 7 (1,073 ) (1,568 )
NET CURRENT ASSETS 41,454 37,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,711

45,351

CAPITAL AND RESERVES
Called up share capital 3,310 3,310
Share premium 2,276 2,276
Retained earnings 44,125 39,765
SHAREHOLDERS' FUNDS 49,711 45,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 30 October 2018 and were signed on its
behalf by:



R A Gregory - Director


CHESHAM SPORTS COMPANY LIMITED (REGISTERED NUMBER: 00252837)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Chesham Sports Company Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Significant judgements and estimates
The preparation of financial statements requires management to make judgements, estimates and
assumptions about the carrying values of assets and liabilities that are not readily apparent from other
sources. The estimates and underlying assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised if the revision
affects only that period, or in the period of the revision and future periods if the revision affects both
current and future periods.

The key judgements and sources of estimation uncertainty that have a significant effect on the
amounts recognised in the financial statements are described below.

Turnover
Turnover is the total rent and investment income receivable by the company for the period. The total
rent is adjusted for accrued revenue calculated by reference to the fair value of rents due up to the
balance sheet date.

Investment income comprises of interest received during the accounting period.

Tangible fixed assets
Depreciation is calculated to write down the cost , less estimated residual value, of all tangible fixed
assets, other than freehold land, over their expected useful lives.

The remaining economic life of freehold buildings is estimated to be greater than 50 years and,
therefore no depreciation is provided on the grounds that this would be immaterial. To ensure that the
carrying amount of the freehold can be supported it shall be subject to an impairment review at the end
of each accounting period.

CHESHAM SPORTS COMPANY LIMITED (REGISTERED NUMBER: 00252837)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued

Debtors
Trade and other debtors are measured at transaction price less any impairment unless the
arrangement constitutes a financing transaction in which case the transaction is measured at the
present value of the future receipts discounted at the prevailing market rate of interest . Loans are
initially measured at fair value and are subsequently measured at amortised cost using the effective
interest method less any impairment.

Creditors
Trade and other creditors are measured at their transaction price unless the arrangement constitutes a
financing transaction in which case the transaction is measured at present value of future payments
discounted at prevailing market rate of interest. Other financial liabilities are initially measured at fair
value net of their transaction costs. They are subsequently measured at amortised cost using the
effective interest method.

Cash at bank
Cash at bank in the balance sheet comprise cash at banks and in hand and short term deposits with
an original maturity date of three months or less.

Employee Benefits
Short term employee benefits, other non-monetary benefits and contributions to defined contribution
plans are recognised as an expense in the period in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 8 ).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2017
and 31 March 2018 8,257
NET BOOK VALUE
At 31 March 2018 8,257
At 31 March 2017 8,257

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 567 535

6. CURRENT ASSET INVESTMENTS
2018 2017
£    £   
Other 20,000 20,000

CHESHAM SPORTS COMPANY LIMITED (REGISTERED NUMBER: 00252837)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 32 32
Other creditors 1,041 1,536
1,073 1,568