REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 10 MARCH 2021 TO 31 MARCH 2022 |
FOR |
A D CHAPMAN LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 10 MARCH 2021 TO 31 MARCH 2022 |
FOR |
A D CHAPMAN LTD |
A D CHAPMAN LTD (REGISTERED NUMBER: 13257003) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 10 MARCH 2021 TO 31 MARCH 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
A D CHAPMAN LTD |
COMPANY INFORMATION |
FOR THE PERIOD 10 MARCH 2021 TO 31 MARCH 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
First Floor |
Unit 4, Broadfield Court |
Sheffield |
South Yorkshire |
S8 0XF |
A D CHAPMAN LTD (REGISTERED NUMBER: 13257003) |
BALANCE SHEET |
31 MARCH 2022 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
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. |
A D CHAPMAN LTD (REGISTERED NUMBER: 13257003) |
BALANCE SHEET - continued |
31 MARCH 2022 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
A D CHAPMAN LTD (REGISTERED NUMBER: 13257003) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 10 MARCH 2021 TO 31 MARCH 2022 |
1. | STATUTORY INFORMATION |
A D Chapman Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going Concern |
The directors consider the company to be a going concern. The company is dependent for much of its working capital on funds provided by the directors. |
The directors are confident that the company can continue in operational existence for the foreseeable future by meeting its obligations as they fall due for payment. |
The financial statements do not include any adjustments which would result from the basis of preparation being inappropriate. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
Investment property is shown at fair value at each reporting date with changes in fair value recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
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 NIL. |
A D CHAPMAN LTD (REGISTERED NUMBER: 13257003) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 10 MARCH 2021 TO 31 MARCH 2022 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31 March 2022 |
NET BOOK VALUE |
At 31 March 2022 |
The investment property was valued at the balance sheet date by the directors of the company who are not professionally qualified valuers. The fair value has been determined by reference to market factors including evidence of transaction prices for similar property in the location where the property is situated. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Directors' current accounts | 93,399 |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans due after 5 years |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans due after 5 years | 147,128 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loans |