Company Registration No. 03743723 (England and Wales)
Chiltern Care Chairs Limited
Unaudited accounts
for the year ended 31 March 2023
Chiltern Care Chairs Limited
Unaudited accounts
Contents
Chiltern Care Chairs Limited
Company Information
for the year ended 31 March 2023
Company Number
03743723 (England and Wales)
Registered Office
21 Germain Street
Chesham
Buckinghamshire
HP5 1LH
Accountants
Grass & Holm
Thornbury Cottage
Chalk Hill
Amersham
BUCKS
HP7 0LY
Chiltern Care Chairs Limited
Statement of financial position
as at 31 March 2023
Tangible assets
1,347
2,020
Cash at bank and in hand
56,233
164,398
Creditors: amounts falling due within one year
21,316
(58,422)
Net current assets
130,162
152,700
Net assets
131,510
154,721
Called up share capital
2
2
Profit and loss account
131,508
154,719
Shareholders' funds
131,510
154,721
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 November 2023 and were signed on its behalf by
Mr D M Davies
Director
Company Registration No. 03743723
Chiltern Care Chairs Limited
Notes to the Accounts
for the year ended 31 March 2023
Chiltern Care Chairs Limited is a private company, limited by shares, registered in England and Wales, registration number 03743723. The registered office is 21 Germain Street, Chesham, Buckinghamshire, HP5 1LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Chiltern Care Chairs Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
6,340
4,839
11,179
At 31 March 2023
6,340
4,839
11,179
At 1 April 2022
6,340
2,819
9,159
Charge for the year
-
673
673
At 31 March 2023
6,340
3,492
9,832
At 31 March 2023
-
1,347
1,347
At 31 March 2022
-
2,020
2,020
Amounts falling due within one year
Accrued income and prepayments
4,119
4,079
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
22,781
55,607
Taxes and social security
5,282
32,955
Loans from directors
(50,852)
(31,880)
Chiltern Care Chairs Limited
Notes to the Accounts
for the year ended 31 March 2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan
31,880
66,230
47,258
50,852
31,880
66,230
47,258
50,852
The director's loan was repaid on 30 April 2023. Interest is payable on the loan at the HMRC approved rate.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).