Company Registration No. 07630595 (England)
CHRAGE LIMITED
Unaudited accounts
for the year ended 31 July 2019
CHRAGE LIMITED
Unaudited accounts
Contents
CHRAGE LIMITED
Company Information
for the year ended 31 July 2019
Director
ODAGHARA, George Chukwuma
Company Number
07630595 (England)
Registered Office
9 KNOXES SHAW
MAIDSTONE
KENT
ME16 9FB
ENGLAND
Accountants
BB Accounting Solutions
Park Lane House
47 Broad Street
Glasgow
G40 2QW
CHRAGE LIMITED
Statement of financial position
as at
31 July 2019
Tangible assets
30,407
154
Cash at bank and in hand
21,974
11,409
Creditors: amounts falling due within one year
(9,317)
(8,635)
Net current assets
12,657
2,774
Total assets less current liabilities
43,064
2,928
Creditors: amounts falling due after more than one year
(27,186)
-
Called up share capital
2
2
Profit and loss account
15,876
2,926
Shareholders' funds
15,878
2,928
For the year ending 31 July 2019 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.
Approved by the Board on 19 January 2020.
ODAGHARA, George Chukwuma
Director
Company Registration No. 07630595
CHRAGE LIMITED
Notes to the Accounts
for the year ended 31 July 2019
CHRAGE LIMITED is a private company, limited by shares, registered in England, registration number 07630595. The registered office is 9 KNOXES SHAW, MAIDSTONE, KENT, ME16 9FB, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2018
-
977
977
Additions
31,184
1,941
33,125
At 31 July 2019
31,184
2,918
34,102
At 1 August 2018
-
823
823
Charge for the year
2,495
377
2,872
At 31 July 2019
2,495
1,200
3,695
At 31 July 2019
28,689
1,718
30,407
At 31 July 2018
-
154
154
CHRAGE LIMITED
Notes to the Accounts
for the year ended 31 July 2019
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
8,667
19,030
Loans from directors
-
(10,645)
6
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
27,186
-
7
Share capital
2019
2018
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2018: 1).