Company Registration No. SC367600 (Scotland)
Chatham House Equities Limited
Unaudited accounts
for the period from 1 November 2021 to 30 April 2023
Chatham House Equities Limited
Unaudited accounts
Contents
Chatham House Equities Limited
Company Information
for the period from 1 November 2021 to 30 April 2023
Director
Mr Marcus S Rennie
Company Number
SC367600 (Scotland)
Registered Office
Suit 2.11
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 30 April 2023
Tangible assets
10,260
37,435
Investment property
446,116
66,276
Investments
225,000
225,000
Cash at bank and in hand
96,181
365,291
Creditors: amounts falling due within one year
10,565
32,151
Net current assets
109,996
401,692
Total assets less current liabilities
791,372
730,403
Creditors: amounts falling due after more than one year
(22,557)
(36,997)
Net assets
768,815
693,406
Called up share capital
2
2
Profit and loss account
768,813
693,404
Shareholders' funds
768,815
693,406
For the period ending 30 April 2023 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.
The financial statements were approved by the Board and authorised for issue on 9 June 2023 and were signed on its behalf by
Mr Marcus S Rennie
Director
Company Registration No. SC367600
Chatham House Equities Limited
Notes to the Accounts
for the period from 1 November 2021 to 30 April 2023
Chatham House Equities Limited is a private company, limited by shares, registered in Scotland, registration number SC367600. The registered office is Suit 2.11, 94 Hope Street, Glasgow, G2 6PH, UK.
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 period, 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:
Plant & machinery
25% reduce balance
Computer equipment
25% reduce balance
Chatham House Equities Limited
Notes to the Accounts
for the period from 1 November 2021 to 30 April 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2021
65,200
3,465
68,665
Disposals
(40,284)
-
(40,284)
At 30 April 2023
24,916
6,360
31,276
At 1 November 2021
28,770
2,460
31,230
Charge for the period
11,384
1,219
12,603
On disposals
(22,817)
-
(22,817)
At 30 April 2023
17,337
3,679
21,016
At 30 April 2023
7,579
2,681
10,260
At 31 October 2021
36,430
1,005
37,435
Fair value at 1 November 2021
66,276
6
Investments
Other investments
Valuation at 1 November 2021
225,000
Valuation at 30 April 2023
225,000
Amounts falling due after more than one year
Accrued income and prepayments
3,250
4,250
8
Creditors: amounts falling due within one year
2023
2021
Bank loans and overdrafts
10,648
10,648
Trade creditors
4,788
2,724
Taxes and social security
34,099
31,457
Loans from directors
(60,100)
(76,980)
Chatham House Equities Limited
Notes to the Accounts
for the period from 1 November 2021 to 30 April 2023
9
Creditors: amounts falling due after more than one year
2023
2021
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
11
Average number of employees
During the period the average number of employees was 2 (2021: 2).