Company Registration No. SC367600 (Scotland)
Chatham House Equities Limited
Unaudited accounts
for the year ended 31 October 2017
Chatham House Equities Limited
Unaudited accounts
Contents
Chatham House Equities Limited
Company Information
for the year ended 31 October 2017
Director
Mr Marcus S Rennie
Company Number
SC367600 (Scotland)
Registered Office
Suit 2.5
94 Hope Street
Glasgow
G2 6PH
UK
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Chatham House Equities Limited
Statement of financial position
as at
31 October 2017
Tangible assets
1,261
779
Investment property
63,000
63,000
Cash at bank and in hand
144,293
215,123
Creditors: amounts falling due within one year
(14,973)
(59,999)
Net current assets
183,820
163,124
Net assets
248,081
226,903
Called up share capital
2
2
Profit and loss account
248,079
226,901
Shareholders' funds
248,081
226,903
For the year ending 31 October 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 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 22 January 2018.
Mr Marcus S Rennie
Director
Company Registration No. SC367600
Chatham House Equities Limited
Notes to the Accounts
for the year ended 31 October 2017
Chatham House Equities Limited is a private company, limited by shares, registered in Scotland, registration number SC367600. The registered office is Suit 2.5, 94 Hope Street, Glasgow, G2 6PH, UK. The principal place of business is 40 Buchanan Drive, Bearsden, Glasgow, G61 2EP.
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 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 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:
Computer equipment
25% reduce balance
Chatham House Equities Limited
Notes to the Accounts
for the year ended 31 October 2017
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
5
Investment property
2017
Fair value at 1 November 2016
63,000
At 31 October 2017
63,000
Trade debtors
3,000
8,000
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
1,380
1,380
Taxes and social security
8,880
54,114
Other creditors
4,505
4,505
Loans from directors
208
-
8
Share capital
2017
2016
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 2 (2016: 2).