Company registration number 01267297 (England and Wales)
Cheshire Philatelic Auctions Limited
Unaudited financial statements
For the year ended 31 March 2023
Cheshire Philatelic Auctions Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Cheshire Philatelic Auctions Limited
Statement of financial position
As at 31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
2
76
76
Cash at bank and in hand
24
24
Net current assets
100
100
Capital and reserves
-
-
Called up share capital
100
100
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The director acknowledges his 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 year 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 and signed by the director and authorised for issue on 13 July 2023
Mr V A Green
Director
Company Registration No. 01267297
Cheshire Philatelic Auctions Limited
Notes to the financial statements
For the year ended 31 March 2023
- 2 -
1
Accounting policies
Company information
Cheshire Philatelic Auctions Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit B Egerton Court, Haig Road, Parkgate Industrial Estate, Knutsford, Cheshire, England, WA16 8DX.
1.1
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.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
2
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
76
76