2022-02-01 00669444 2023-01-31 00669444 2022-02-01 2023-01-31 00669444 2022-01-31 00669444 2021-02-01 2022-01-31 00669444 uk-core:WithinOneYear 2022-01-31 00669444 uk-core:WithinOneYear 2023-01-31 00669444 uk-core:AfterOneYear 2022-01-31 00669444 uk-core:AfterOneYear 2023-01-31 00669444 uk-core:ShareCapital 2023-01-31 00669444 uk-core:ShareCapital 2022-01-31 00669444 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 00669444 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 00669444 uk-bus:Director1 2022-02-01 2023-01-31 00669444 uk-bus:Director2 2022-02-01 2023-01-31 00669444 uk-core:CommunicationNetworkEquipment 2022-02-01 2023-01-31 00669444 uk-core:PlantMachinery 2022-02-01 2023-01-31 00669444 uk-core:Buildings 2022-02-01 2023-01-31 00669444 uk-core:PlantMachinery 2022-01-31 00669444 uk-core:CommunicationNetworkEquipment 2022-01-31 00669444 uk-core:CommunicationNetworkEquipment 2023-01-31 00669444 uk-core:PlantMachinery 2023-01-31 00669444 uk-core:WithinOneYear 2023-01-31 00669444 uk-core:WithinOneYear 2022-01-31 00669444 uk-core:AfterOneYear uk-core:Secured 2023-01-31 00669444 uk-core:AfterOneYear uk-core:Secured 2022-01-31 00669444 uk-core:AfterOneYear 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure 00669444 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 00669444 uk-bus:FRS102 2022-02-01 2023-01-31 00669444 uk-bus:FullAccounts 2022-02-01 2023-01-31 00669444 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
Edward Chaston Limited
Registered Number:00669444
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
Edward Chaston Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
00669444
As at 31 January 2023
Edward Chaston Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
50,623
52,721
2
50,623
52,721
Current assets
Inventories
73,138
84,540
3
Trade and other receivables
66,893
153,722
4
551,879
Cash and cash equivalents
356,572
594,834
691,910
Trade and other payables: amounts falling due within one
year
(520,653)
(432,832)
5
171,257
162,002
Net current assets
Total assets less current liabilities
212,625
223,978
Trade and other payables: amounts falling due after more
than one year
(36,002)
(26,643)
6
185,982
Net assets
187,976
Capital and reserves
Called up share capital
100
100
Retained earnings
185,882
187,876
185,982
187,976
Shareholders' funds
For the year ended 31 January 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
00669444
For the year ended 31 January 2023
Edward Chaston Limited
Statement of Financial Position Continued
Mrs. V.K. Gaines Director
Mrs. V.C. Whitfield Director
These financial statements were approved and authorised for issue by the Board on 12 October 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 January 2023
Edward Chaston Limited
Notes to the Financial Statements
Statutory Information
Edward Chaston Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 00669444.
Principal place of business:
Vane House
New Silksworth
Sunderland
Registered address:
10 Grange Terrace
Sunderland
SR2 7DF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Property improvements
Term of Lease Reducing balance
Plant, equip & motor vehicles
25% Reducing balance
2.5%
Buildings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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6
For the year ended 31 January 2023
Edward Chaston Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Plant, equip &
motor vehicles
Property
improvements
£
£
£
Cost or
valuation
At 01 February 2022
213,662
110,770
102,892
At 31 January 2023
102,892
110,770
213,662
Provision for depreciation and impairment
At 01 February 2022
160,941
107,386
53,555
Charge for year
2,098
865
1,233
At 31 January 2023
163,039
108,251
54,788
At 31 January 2023
Net book value
48,104
2,519
50,623
At 31 January 2022
49,337
3,384
52,721
3. Inventories
2022
2023
£
£
Stocks
84,540
73,138
4. Trade and other receivables
2022
2023
£
£
Trade debtors
126,680
42,430
Other debtors
27,042
24,463
66,893
153,722
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
10,648
10,648
Trade creditors
217,193
242,593
Taxation and social security
56,702
97,560
Directors' loan accounts
124,586
153,415
Other creditors
23,703
16,437
432,832
520,653
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7
For the year ended 31 January 2023
Edward Chaston Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
26,643
36,002
[Enter Note]
7. Average number of persons employed
During the year the average number of employees were 27 (2022 : 27)
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