Company registration number 13779466 (England and Wales)
CHEW INVESTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2022
PAGES FOR FILING WITH REGISTRAR
CHEW INVESTMENTS LTD
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
CHEW INVESTMENTS LTD
BALANCE SHEET
AS AT 31 MAY 2022
31 May 2022
- 1 -
2022
Notes
£
£
Fixed assets
Investment property
3
55,960
Current assets
-
Creditors: amounts falling due within one year
4
(57,270)
Net current liabilities
(57,270)
Net liabilities
(1,310)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(1,410)
Total equity
(1,310)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 22 November 2023 and are signed on its behalf by:
Mr S P Chew
Mr M P Chew
Director
Director
Company registration number 13779466 (England and Wales)
CHEW INVESTMENTS LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 MAY 2022
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 3 December 2021
-
Period ended 31 May 2022:
Loss and total comprehensive income
-
(1,410)
(1,410)
Issue of share capital
100
-
100
Balance at 31 May 2022
100
(1,410)
(1,310)
CHEW INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2022
- 3 -
1
Accounting policies
Company information
Chew Investments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Summit, Woodwater Park, Pynes Hill, Exeter, EX2 5WS.
1.1
Reporting period
The first period of account covers the period from the incorporation date of 3 December 2021 to 31 May
2022. As this is the first period of incorporation, no comparative amounts are presented within the financial
statements.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2022
Number
Total
2
3
Investment property
2022
£
Fair value
At 3 December 2021
Additions
55,960
At 31 May 2022
55,960
The fair value of the property has been assessed by the directors at the period end taking into account current market conditions. It is the directors opinion that there has been no movement in the market value of the property between acquisition and the period end.
CHEW INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MAY 2022
- 4 -
4
Creditors: amounts falling due within one year
2022
£
Other borrowings
55,639
Other creditors
221
Accruals and deferred income
1,410
57,270
Included within other creditors is a balance of £221 owed to directors.