CHELSEA SOUKH LIMITED
|
Balance Sheet |
as at 30 November 2014
|
|
Notes |
|
|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Tangible assets |
4 |
|
|
26,011 |
|
|
12,875 |
|
Current assets |
Debtors |
5 |
|
7,000 |
|
|
25,001 |
Cash at bank and in hand |
|
|
11,349 |
|
|
22,897 |
|
|
|
18,349 |
|
|
47,898 |
|
Creditors: amounts falling due within one year |
6 |
|
(32,058) |
|
|
(33,453) |
|
Net current (liabilities)/assets |
|
|
|
(13,709) |
|
|
14,445 |
|
Net assets |
|
|
|
12,302 |
|
|
27,320 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
7 |
|
|
1 |
|
|
1 |
Profit and loss account |
8 |
|
|
12,301 |
|
|
27,319 |
|
Shareholder's funds |
|
|
|
12,302 |
|
|
27,320 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
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The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
|
J HIRSCHHORN |
Director |
Approved by the board on 14 August 2015
|
|
CHELSEA SOUKH LIMITED
|
Notes to the Accounts |
for the year ended 30 November 2014
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line
|
|
Motor vehicles |
25% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
2 |
Operating profit |
2014 |
|
2013 |
£ |
£ |
|
This is stated after charging: |
|
|
Depreciation of owned fixed assets |
10,682 |
|
6,447 |
|
|
|
|
|
|
|
|
|
|
3 |
Taxation |
2014 |
|
2013 |
£ |
£ |
|
|
Prior year adjustment |
45 |
|
(820) |
|
UK corporation tax |
19,679 |
|
22,044 |
|
|
|
|
|
|
19,724 |
|
21,224 |
|
|
|
|
|
|
|
|
|
|
4 |
Tangible fixed assets |
|
|
Improvements |
Land and buildings |
Plant and machinery etc |
|
Motor vehicles |
|
Total |
£ |
£ |
£ |
£ |
|
Cost |
|
At 1 December 2013 |
16,448 |
2,747 |
17,806 |
|
1,350 |
|
38,351 |
|
Additions |
23,007 |
- |
811 |
|
- |
|
23,818 |
|
Surplus on revaluation |
- |
- |
- |
|
- |
|
- |
|
Disposals |
- |
- |
- |
|
(1,350) |
|
(1,350) |
|
At 30 November 2014 |
39,455 |
2,747 |
18,617 |
|
- |
|
60,819 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2013 |
8,630 |
1,923 |
13,575 |
|
1,348 |
|
25,476 |
|
Charge for the year |
7,931 |
823 |
1,926 |
|
2 |
|
10,682 |
|
Surplus on revaluation |
- |
- |
- |
|
- |
|
- |
|
On disposals |
- |
- |
- |
|
(1,350) |
|
(1,350) |
|
At 30 November 2014 |
16,561 |
2,746 |
15,501 |
|
- |
|
34,808 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2014 |
22,894 |
1 |
3,116 |
|
- |
|
26,011 |
|
At 30 November 2013 |
7,818 |
824 |
4,231 |
|
2 |
|
12,875 |
|
|
|
|
|
|
|
|
|
|
5 |
Debtors |
2014 |
|
2013 |
£ |
£ |
|
|
|
Trade debtors |
- |
|
25,001 |
|
Other debtors |
7,000 |
|
- |
|
|
|
|
|
|
7,000 |
|
25,001 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2014 |
|
2013 |
£ |
£ |
|
|
Corporation tax |
19,679 |
|
22,044 |
|
Other taxes and social security costs |
6,598 |
|
- |
|
Other creditors |
5,781 |
|
11,409 |
|
|
|
|
|
|
32,058 |
|
33,453 |
|
|
|
|
|
|
|
|
|
|
7 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
- |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
8 |
Profit and loss account |
2014 |
£ |
|
|
At 1 December 2013 |
27,319 |
|
Profit for the year |
79,162 |
|
Dividends |
(94,180) |
|
|
At 30 November 2014 |
12,301 |
|
|
|
|
|
|
|
|
9 |
Dividends |
2014 |
|
2013 |
£ |
£ |
|
|
Dividends for which the company became liable during the year: |
|
Dividends paid |
94,180 |
|
64,401 |
|
|
|
|
|
|
|
|
|