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REGISTERED NUMBER: 00797561 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

DAVID T. CHELLEW LIMITED

DAVID T. CHELLEW LIMITED (REGISTERED NUMBER: 00797561)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

DAVID T. CHELLEW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2022







DIRECTORS: D S Chellew
J. Chellew





REGISTERED OFFICE: 49 The Green
Stotfold
Hitchin
Hertfordshire
SG5 4AN





REGISTERED NUMBER: 00797561 (England and Wales)





ACCOUNTANTS: Longstaff, Gentle & Co
61 Harpur Street
Bedford
Bedfordshire
MK40 2SR

DAVID T. CHELLEW LIMITED (REGISTERED NUMBER: 00797561)

BALANCE SHEET
30 APRIL 2022

30.4.22 30.4.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,610 4,561
Investment property 5 250,768 250,768
254,378 255,329

CURRENT ASSETS
Stocks 72,000 72,000
Debtors 6 246,164 262,185
Cash at bank 776 646
318,940 334,831
CREDITORS
Amounts falling due within one year 7 101,106 38,261
NET CURRENT ASSETS 217,834 296,570
TOTAL ASSETS LESS CURRENT
LIABILITIES

472,212

551,899

PROVISIONS FOR LIABILITIES 474 608
NET ASSETS 471,738 551,291

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 469,738 549,291
SHAREHOLDERS' FUNDS 471,738 551,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

DAVID T. CHELLEW LIMITED (REGISTERED NUMBER: 00797561)

BALANCE SHEET - continued
30 APRIL 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 28 July 2022 and were signed on its behalf by:





D S Chellew - Director


DAVID T. CHELLEW LIMITED (REGISTERED NUMBER: 00797561)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1. STATUTORY INFORMATION

David T. Chellew 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 etc - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 year 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 or deferred taxation assets and liabilities are not discounted.

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.


DAVID T. CHELLEW LIMITED (REGISTERED NUMBER: 00797561)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

2. ACCOUNTING POLICIES - continued
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 year 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 year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2021
and 30 April 2022 74,060
DEPRECIATION
At 1 May 2021 69,499
Charge for year 951
At 30 April 2022 70,450
NET BOOK VALUE
At 30 April 2022 3,610
At 30 April 2021 4,561

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2021
and 30 April 2022 250,768
NET BOOK VALUE
At 30 April 2022 250,768
At 30 April 2021 250,768

DAVID T. CHELLEW LIMITED (REGISTERED NUMBER: 00797561)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade Debtors 245,593 261,631
Prepayments 571 554
246,164 262,185

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Taxation 239 2,250
Other Taxes & Social Security 627 5,331
Directors' Current Accounts 100,000 30,000
Accrued Expenses 240 680
101,106 38,261

DAVID T. CHELLEW LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
DAVID T. CHELLEW LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2022 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Longstaff, Gentle & Co
61 Harpur Street
Bedford
Bedfordshire
MK40 2SR


28 July 2022