Company Registration No. 08996265 (England and Wales)
Chamings Limited
Unaudited accounts
for the year ended 31 March 2023
Chamings Limited
Unaudited accounts
Contents
Chamings Limited
Company Information
for the year ended 31 March 2023
Company Number
08996265 (England and Wales)
Registered Office
10 Priory Close
Whitchurch
Tavistock
Devon
PL19 9DH
United Kingdom
Accountants
Vanguard Business Solutions Limited
Acorns,
5, Lower Port View
Saltash
Cornwall
PL12 4BY
Chamings Limited
Statement of financial position
as at 31 March 2023
Tangible assets
86,333
72,455
Cash at bank and in hand
80,617
57,702
Creditors: amounts falling due within one year
(125,387)
(109,143)
Net current liabilities
(48,898)
(44,297)
Total assets less current liabilities
37,435
28,158
Creditors: amounts falling due after more than one year
(15,399)
(20,351)
Called up share capital
30
30
Profit and loss account
22,006
7,777
Shareholders' funds
22,036
7,807
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 her 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 1 November 2023 and were signed on its behalf by
Mrs A Lynch
Director
Company Registration No. 08996265
Chamings Limited
Notes to the Accounts
for the year ended 31 March 2023
Chamings Limited is a private company, limited by shares, registered in England and Wales, registration number 08996265. The registered office is 10 Priory Close, Whitchurch, Tavistock, Devon, PL19 9DH, United Kingdom.
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.
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:
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Chamings Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
26,489
129,501
155,990
Additions
964
40,995
41,959
Disposals
-
(16,519)
(16,519)
At 31 March 2023
27,453
153,977
181,430
At 1 April 2022
16,810
66,725
83,535
Charge for the year
4,715
23,366
28,081
On disposals
-
(16,519)
(16,519)
At 31 March 2023
21,525
73,572
95,097
At 31 March 2023
5,928
80,405
86,333
At 31 March 2022
9,679
62,776
72,455
Amounts falling due within one year
Trade debtors
(4,128)
7,144
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
60,082
49,176
Trade creditors
49,950
37,296
Taxes and social security
310
(1,219)
Loans from directors
5,606
6,554
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).