Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-312021-01-01Holding company0false0truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11334070 2021-01-01 2021-12-31 11334070 2020-01-01 2020-12-31 11334070 2021-12-31 11334070 2020-12-31 11334070 c:Director1 2021-01-01 2021-12-31 11334070 c:RegisteredOffice 2021-01-01 2021-12-31 11334070 d:CurrentFinancialInstruments 2021-12-31 11334070 d:CurrentFinancialInstruments 2020-12-31 11334070 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 11334070 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 11334070 d:ShareCapital 2021-12-31 11334070 d:ShareCapital 2020-12-31 11334070 d:RetainedEarningsAccumulatedLosses 2021-12-31 11334070 d:RetainedEarningsAccumulatedLosses 2020-12-31 11334070 c:OrdinaryShareClass1 2021-01-01 2021-12-31 11334070 c:OrdinaryShareClass1 2021-12-31 11334070 c:FRS102 2021-01-01 2021-12-31 11334070 c:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 11334070 c:FullAccounts 2021-01-01 2021-12-31 11334070 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 11334070 6 2021-01-01 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11334070










CHESTER ASSOCIATES LIMITED
UNAUDITED
DIRECTOR'S REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

 
CHESTER ASSOCIATES LIMITED
 
 
COMPANY INFORMATION


Director
C G Rifkind 




Registered number
11334070



Registered office
2nd Floor Connaught House
1-3 Mount Street

London

W1K 3NB




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
CHESTER ASSOCIATES LIMITED
 

CONTENTS



Page
Director's Report
 
1
Accountants' Report
 
2
Statement of Comprehensive Income
 
3
Statement of Financial Position
 
3
Notes to the Financial Statements
 
4 - 5


 
CHESTER ASSOCIATES LIMITED
 
 
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021

The director presents his report and the financial statements for the year ended 31 December 2021.

Director

The director who served during the year was:

C G Rifkind 

Director's responsibilities statement

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the director is required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable him to ensure that the financial statements comply with the Companies Act 2006He is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 12 September 2022 and signed on its behalf.
 





C G Rifkind
Director

Page 1

 
CHESTER ASSOCIATES LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CHESTER ASSOCIATES LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chester Associates Limited for the year ended 31 December 2021 which comprise the Statement of Comprehensive Income, the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Chester Associates Limited in accordance with the terms of our engagement letter dated 07 July 2021Our work has been undertaken solely to prepare for your approval the financial statements of Chester Associates Limited  and state those matters that we have agreed to state to the director of Chester Associates Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chester Associates Limited and its director for our work or for this report. 

It is your duty to ensure that Chester Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Chester Associates Limited. You consider that Chester Associates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Chester Associates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Sopher + Co LLP
 
Chartered Accountants
  
5 Elstree Gate
Elstree Way
Borehamwood
Hertfordshire
WD6 1JD
12 September 2022
Page 2

 
CHESTER ASSOCIATES LIMITED
 
 
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2021


  

The Company has not traded during the current and preceding period. During these periods the Company received no income and incurred no expenditure and therefore made neither profit nor loss.


STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

Fixed assets
  

Investments
 4 
3,170,325
3,170,325

  

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(3,168,519)
(3,168,519)

  

Net assets
  
1,806
1,806


Capital and reserves
  

Called up share capital 
 6 
101
101

Profit and loss account
  
1,705
1,705

  
1,806
1,806


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 September 2022.



C G Rifkind
Director

The notes on pages 4 to 5 form part of these financial statements.

Page 3

 
CHESTER ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Chester Associates Limited is a limited liability company incorporated in England and Wales with its principal place of business at The Tea House, 17 Hall Road, London, NW8 9RD and its registered office at 3rd Floor 20-22 Berkeley Square, London, United Kingdom, W1J 6EQ.
The principal activity of the Company is that of a holding company.
The functional and presentational currency of the Company is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The director has reviewed the results and on that basis considers the holding company to have the ability to continue as a going concern.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Creditors

Short term creditors are measured at the transaction price.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors and creditors, loans to and from related parties and investments in ordinary shares.


3.


Employees

The Company had no employees during the current and preceding period.

Page 4

 
CHESTER ASSOCIATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 January 2021
3,170,325



At 31 December 2021

3,170,325






Net book value



At 31 December 2021
3,170,325



At 31 December 2020
3,170,325


5.


Creditors: Amounts falling due within one year

2021
2020
£
£

Other creditors
3,168,519
3,168,519



6.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



10,100,000 Ordinary shares of £0.00001 each
101
101



7.


Related party transactions

The Company has taken advantage of the exemption under FRS102 33.1A Related Party Disclosures not to disclose transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly owned by a member of that group.

Page 5