Registered number
04778825
Chaseley House Residential Home Limited
Unaudited Filleted Accounts
18 July 2023
Chaseley House Residential Home Limited
Registered number: 04778825
Balance Sheet
as at 18 July 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 117,156 363,746
Cash at bank and in hand 210,129 136,710
327,285 500,456
Creditors: amounts falling due within one year 4 (6,644) (124,606)
Net current assets 320,641 375,850
Net assets 320,641 375,850
Capital and reserves
Called up share capital 2 2
Profit and loss account 320,639 375,848
Shareholders' funds 320,641 375,850
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M G Owen
Director
Approved by the board on 17 April 2024
Chaseley House Residential Home Limited
Notes to the Accounts
for the year ended 18 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the costs, less estimated residual value, of each asset over its expected useful life. The methods and applicable rates are:
Plant and machinery 20% per annum of net book value
Stocks
Stocks are stated at the lower of cost, using the first in first out method, and selling price less costs to complete and sell.
Deferred Taxation
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 22
3 Debtors 2023 2022
£ £
Trade debtors - 35,802
Other debtors 117,156 327,944
117,156 363,746
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors - 46,060
Taxation and social security costs 3,285 64,174
Other creditors 3,359 14,372
6,644 124,606
5 Related party transactions
The directors provide financial support to the company as and when needed at 0% interest . The directors contribute equal amounts. The balance owed to the company was £8,962 at the beginning of the year and at the end of the year the balance was nil.
6 Controlling party
The company is owned by the directors with no individual director having overall control.
7 Other information
Chaseley House Residential Home Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
27 Tan Y Bryn Road
Rhos On Sea
Colwyn Bay
Conwy
LL28 4AD
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