Company Registration No. 09222651 (England and Wales)
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Unaudited accounts
for the year ended 30 September 2017
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Unaudited accounts
Contents
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Company Information
for the year ended 30 September 2017
Directors
IBE, Ejikeme Chukwuemezie
IBE, Gloria
Company Number
09222651 (England and Wales)
Registered Office
52 CHILTON WAY
HUNGERFORD
BERKSHIRE
RG17 0JF
Accountants
Lightcn Global Services
80 Parish Gate Drive
Sidcup
Kent
Bexley
DA15 8TH
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Statement of financial position
as at
30 September 2017
Tangible assets
42,544
4,940
Cash at bank and in hand
1,922
3,353
Creditors: amounts falling due within one year
-
(6,120)
Net current assets
1,922
4,134
Total assets less current liabilities
44,466
9,074
Creditors: amounts falling due after more than one year
(29,350)
(20,331)
Net assets/(liabilities)
15,116
(11,257)
Called up share capital
1,000
1,000
Profit and loss account
14,116
(12,257)
Shareholders' funds
15,116
(11,257)
For the year ending 30 September 2017 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.
Approved by the Board on 4 May 2018.
IBE, Ejikeme Chukwuemezie
Director
Company Registration No. 09222651
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2017
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09222651. The registered office is 52 CHILTON WAY, HUNGERFORD, BERKSHIRE, RG17 0JF.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
CHAPTER EIGHT TRAFFIC SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At valuation
At cost
At 1 October 2016
5,905
-
5,905
Revaluations
37,715
-
37,715
At 30 September 2017
43,620
5,000
48,620
At 1 October 2016
965
-
965
Charge for the year
590
750
1,340
Surplus on revaluation
3,771
-
3,771
At 30 September 2017
5,326
750
6,076
At 30 September 2017
38,294
4,250
42,544
At 30 September 2016
4,940
-
4,940
6
Creditors: amounts falling due within one year
2017
2016
7
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
27,331
20,331
8
Share capital
2017
2016
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).