Company Registration Number 02631078 (England and Wales)
CHARMGOOD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017
PAGES FOR FILING WITH REGISTRAR
CHARMGOOD LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2017
31 December 2017
- 1 -
2017
2016
£
£
£
£
Fixed assets
1,612
1,612
Current assets
80,137
93,697
Creditors: amounts falling due within one year
(2,665)
(15,544)
Net current assets
77,472
78,153
Total assets less current liabilities
79,084
79,765
Net assets
79,084
79,765
Capital and reserves
79,084
79,765
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year the company made loans to the directors and shareholders as follows:
Ms HD O Connor (director & 20% shareholder) £2,000
Ms H Duggan (director & 20% shareholder) £2,000
Ms E Tsenkova (20% shareholder) £2,000
The above are non-interest bearing loans repayable on demand.
2
Average employees
The average number of persons (including directors) employed by the company during the year was 0 (2016 - 0).
3
Turnover and Other Income
Turnover represents ground rents receivable. Other income includes deposit interest and profits on granting lease extensions.
4
Fixed Assets
The fixed assets consist of the freehold title of 58 and 60 Barnsbury Road, London N1. The original freehold which cost £4,036 was subject to ten 99 year leases with annual ground rents payable. In recent years some of the leases have been extended by 90 years and the ground rent reduced to a peppercorn. Each of these extensions has been treated for accounting purposes as a part disposal of one tenth (£404) of the original freehold cost. In the current year there were no leases extended.
Charmgood Limited is a private company limited by shares incorporated in England and Wales. The registered office is 60 Barnsbury Road, Islington, London N1 OHD.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
For the year ended 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
CHARMGOOD LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2017
31 December 2017
- 2 -
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 year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' 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 27 September 2018 and are signed on its behalf by:
Ms H D O' Connor
Ms H Duggan
Director
Director
Company Registration Number 02631078