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COMPANY REGISTRATION NUMBER: 13728436
Chard Auctions Limited
Unaudited Financial Statements
29 February 2024
Chard Auctions Limited
Statement of Financial Position
29 February 2024
Period from
Year to
8 Nov 21 to
29 Feb 24
28 Feb 23
£
£
Fixed assets
123
197
----
----
Current assets
12,532
17,575
Creditors: amounts falling due within one year
17,432
17,183
--------
--------
Net current (liabilities)/assets
( 4,900)
392
-------
----
Total assets less current liabilities
( 4,777)
589
Accruals and deferred income
19,473
2,300
--------
-------
(24,250)
(1,711)
--------
-------
Capital and reserves
( 24,250)
( 1,711)
--------
-------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
S Bull
6,469
12,532
( 6,469)
12,532
-------
--------
-------
--------
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
S Bull
6,469
6,469
----
-------
----
-------
At the year end the director owed the company £12,532 (2023 - £6,469). This loan was interest free and was repaid in full within nine months of the year end.
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 24 February 2025 , and are signed on behalf of the board by:
S Bull
Director
Company registration number: 13728436
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Crown Mews, South Street, Crewkerne, Somerset, TA18 8DB.