CHARTMAY LIMITED

Company Registration Number:
01519124 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

CHARTMAY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

CHARTMAY LIMITED

Company Information

for the Period Ended 31 March 2023




Director: RN Hartley
Secretary: Mrs C Hartley
Registered office: C/O Lambous & Co 327 Bowes Road
London
N11 1BA
Company Registration Number: 01519124 (England and Wales)

CHARTMAY LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 404,500 414,784
Total fixed assets: 404,500 414,784
Current assets
Debtors: 14,363 13,071
Cash at bank and in hand: 1,377,324 1,329,786
Total current assets: 1,391,687 1,342,857
Creditors: amounts falling due within one year: ( 33,369 ) ( 12,661 )
Net current assets (liabilities): 1,358,318 1,330,196
Total assets less current liabilities: 1,762,818 1,744,980
Provision for liabilities: ( 586 ) ( 706 )
Total net assets (liabilities): 1,762,232 1,744,274

The notes form part of these financial statements

CHARTMAY LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 1,752,232 1,734,274
Shareholders funds: 1,762,232 1,744,274

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: RN Hartley
Status: Director

The notes form part of these financial statements

CHARTMAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the total invoice value exclusive of VAT, of services rendered during the year.

    Tangible fixed assets depreciation policy

    Depreciation has been provided using the following rates and bases to reduce by annual instalments the cost of tangible assets over their estimated useful lives:-

    Freehold property 2%
    Freehold land 0%
    Fixtures, fittings and equipment 25% Reducing balance

    Other accounting policies

    Deferred taxation Provision is made for taxation deferred on the incremental liability approach in respect of all timing differences between the incidence of income and expenditure for taxation and accounts purposes that have originated but not reversed at the balance sheet date. The accounting policy is more fully explained in notes to these financial statements. Provision is made for deferred taxation on gains or losses on revalued assets only when a binding commitment to dispose of the asset exists at the year end in respect of which the gain or loss has been recognised.

CHARTMAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

CHARTMAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

CHARTMAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 615,969
Additions 640
Disposals (3,176)
Revaluations -
Transfers -
At 31 March 2023 613,433
Depreciation
At 01 April 2022 201,185
Charge for year 10,744
On disposals (2,996)
Other adjustments -
At 31 March 2023 208,933
Net book value
At 31 March 2023 404,500
At 31 March 2022 414,784

CHARTMAY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5.1.Related party disclosures

Name of related party: RN Hartley
Description of relationship:
Key Management
Description of the transaction:
Loan to company
Balance at 01 April 2022 1,692
Balance at 31 March 2023 351