Company Registration No. 14672396 (England and Wales)
THE CHELSEA ROOM LTD
Unaudited accounts
for the period from 18 February 2023 to 28 February 2024
THE CHELSEA ROOM LTD
Unaudited accounts
Contents
THE CHELSEA ROOM LTD
Company Information
for the period from 18 February 2023 to 28 February 2024
Director
Sabah Ulsalam Shaikh
Company Number
14672396 (England and Wales)
Registered Office
9 PARK WALK
LONDON
SW10 0AJ
ENGLAND
THE CHELSEA ROOM LTD
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
188
Creditors: amounts falling due within one year
(186,567)
Net current liabilities
(186,379)
Called up share capital
10
Profit and loss account
(73,900)
Shareholders' funds
(73,890)
For the period ending 28 February 2024 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 18 September 2024 and were signed on its behalf by
Sabah Ulsalam Shaikh
Director
Company Registration No. 14672396
THE CHELSEA ROOM LTD
Notes to the Accounts
for the period from 18 February 2023 to 28 February 2024
THE CHELSEA ROOM LTD is a private company, limited by shares, registered in England and Wales, registration number 14672396. The registered office is 9 PARK WALK, LONDON, SW10 0AJ, ENGLAND.
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.
These financial statements for the period from 18 February 2023 to 28 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 18 February 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Land & buildings
At 28 February 2024
112,489
At 28 February 2024
112,489
5
Creditors: amounts falling due within one year
2024
Loans from directors
186,567
THE CHELSEA ROOM LTD
Notes to the Accounts
for the period from 18 February 2023 to 28 February 2024
6
Average number of employees
During the period the average number of employees was 0.