Company Registration No. 06200047 (England and Wales)
Chase The Sun Ltd
Unaudited accounts
for the year ended 1 April 2021
Chase The Sun Ltd
Unaudited accounts
Contents
Chase The Sun Ltd
Company Information
for the year ended 1 April 2021
Directors
Vincenzina Scarantino
Lillian Scarantino
Company Number
06200047 (England and Wales)
Registered Office
158 VICTORIA ROAD
FULWOOD
PRESTON
LANCASHIRE
PR2 8AJ
Chase The Sun Ltd
Statement of financial position
as at
1 April 2021
Tangible assets
27,126
27,126
Cash at bank and in hand
8,853
1,064
Creditors: amounts falling due within one year
(3,414)
(14,135)
Net current assets/(liabilities)
5,439
(13,071)
Total assets less current liabilities
32,565
14,055
Creditors: amounts falling due after more than one year
(14,950)
(9,854)
Called up share capital
2
2
Profit and loss account
17,613
4,199
Shareholders' funds
17,615
4,201
For the year ending 1 April 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 2 July 2021 and were signed on its behalf by
Vincenzina Scarantino
Director
Company Registration No. 06200047
Chase The Sun Ltd
Notes to the Accounts
for the year ended 1 April 2021
Chase The Sun Ltd is a private company, limited by shares, registered in England and Wales, registration number 06200047. The registered office is 158 VICTORIA ROAD, FULWOOD, PRESTON, LANCASHIRE, PR2 8AJ.
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.
Tangible fixed assets and depreciation
Due to the care and constant repair of all the vehicles the asset value has not been depreciated over the years. They are expected to accumulate in value. They are not classed as Motor Vehicles as they are instrumental to the actual trade and are rented out as photo-booth and bar opportunities rather than used by staff on company business.
Plant & machinery
Classic VW cars and camper vans
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.
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
5
Creditors: amounts falling due within one year
2021
2020
Deferred income
2,374
13,615
Chase The Sun Ltd
Notes to the Accounts
for the year ended 1 April 2021
6
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
12,522
5,183
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).