Company Registration No. 05117090 (England and Wales)
CHESTER SHIPPING LTD
Unaudited accounts
for the year ended 30 April 2020
CHESTER SHIPPING LTD
Unaudited accounts
Contents
CHESTER SHIPPING LTD
Company Information
for the year ended 30 April 2020
Secretary
INTERSHORE CONSULT (UK) LIMITED
Company Number
05117090 (England and Wales)
Registered Office
INTERSHORE SUITES ROOM 403, DOWGATE HILL
14-16 DOWGATE HILL,
LONDON
EC4R 2SU
ENGLAND
Accountants
Ravelstone Accountancy Ltd
CHESTER SHIPPING LTD
Statement of financial position
as at
30 April 2020
Cash at bank and in hand
2,670
7,796
Creditors: amounts falling due within one year
(30,726)
(29,772)
Net current assets
15,156
14,672
Called up share capital
1
1
Profit and loss account
15,155
14,671
Shareholders' funds
15,156
14,672
For the year ending 30 April 2020 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 his 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 30 April 2021 and were signed on its behalf by
C JEAN-PIERRE
Director
Company Registration No. 05117090
CHESTER SHIPPING LTD
Notes to the Accounts
for the year ended 30 April 2020
CHESTER SHIPPING LTD is a private company, limited by shares, registered in England and Wales, registration number 05117090. The registered office is INTERSHORE SUITES ROOM 403, DOWGATE HILL, 14-16 DOWGATE HILL,, LONDON, EC4R 2SU, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors: amounts falling due within one year
2020
2019
Trade debtors
43,212
36,648
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
349
435
Other creditors
30,377
29,337
6
Average number of employees
During the year the average number of employees was 0 (2019: 0).