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REGISTERED NUMBER: 10616280 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

13 FEBRUARY 2017 TO 31 MARCH 2018

FOR

CHESTERS & SONS LIMITED

CHESTERS & SONS LIMITED (REGISTERED NUMBER: 10616280)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 FEBRUARY 2017 TO 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CHESTERS & SONS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 13 FEBRUARY 2017 TO 31 MARCH 2018







DIRECTORS: Mr D P Chester
Mrs S A Chester





REGISTERED OFFICE: 37 Villiers Road
BICESTER
Oxfordshire
OX26 2BD





REGISTERED NUMBER: 10616280 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

CHESTERS & SONS LIMITED (REGISTERED NUMBER: 10616280)

BALANCE SHEET
31 MARCH 2018

Notes £    £   
FIXED ASSETS
Tangible assets 4 6,020

CURRENT ASSETS
Stocks 400
Debtors 5 5,436
Cash at bank 38,547
44,383
CREDITORS
Amounts falling due within one year 6 34,890
NET CURRENT ASSETS 9,493
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,513

PROVISIONS FOR LIABILITIES 1,144
NET ASSETS 14,369

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings 14,269
SHAREHOLDERS' FUNDS 14,369

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 12 November 2018 and were signed on its behalf
by:



Mr D P Chester - Director


CHESTERS & SONS LIMITED (REGISTERED NUMBER: 10616280)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 FEBRUARY 2017 TO 31 MARCH 2018

1. STATUTORY INFORMATION

Chesters & Sons 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

CHESTERS & SONS LIMITED (REGISTERED NUMBER: 10616280)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 13 FEBRUARY 2017 TO 31 MARCH 2018

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 3,077 4,950 8,027
At 31 March 2018 3,077 4,950 8,027
DEPRECIATION
Charge for period 769 1,238 2,007
At 31 March 2018 769 1,238 2,007
NET BOOK VALUE
At 31 March 2018 2,308 3,712 6,020

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 864
Prepayments 4,572
5,436

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 16,861
Tax 4,549
Social security and other taxes 3,191
VAT 3,960
Directors' current accounts 5,129
Accrued expenses 1,200
34,890

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

8. RELATED PARTY DISCLOSURES

In the period under review the company rented equipment from the sole trade business of the Director Mr D P
Chester, Chesters and Sons, amounting to £15,720.00. All transaction were carried out in the normal course of
business and at market value. All amounts were fully paid at the period end date.