Registered number: 03575536 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||
|
||||||||
Prepared By: | ||||||||
Forbes Watson Limited | ||||||||
The Old Bakery | ||||||||
Green Street | ||||||||
Lytham St Annes | ||||||||
Lancashire | ||||||||
FY8 5LG |
|
||||||||
Cameron Chase Limited | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||
DIRECTORS | ||||||||
|
||||||||
|
||||||||
SECRETARY | ||||||||
Gloria Cross & Gail O'Hare | ||||||||
REGISTERED OFFICE | ||||||||
|
||||||||
|
||||||||
|
||||||||
Lancashire | ||||||||
|
||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 03575536 | ||||||||
ACCOUNTANTS | ||||||||
Forbes Watson Limited | ||||||||
The Old Bakery | ||||||||
Green Street | ||||||||
Lytham St Annes | ||||||||
Lancashire | ||||||||
FY8 5LG |
|
||||||||
Cameron Chase Limited | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
|
||||||||
Cameron Chase Limited | ||||||||
|
BALANCE SHEET AT
|
||||||||||
2019 | 2018 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 2 |
|
|
|||||||
Tangible assets | 3 |
|
|
|||||||
Investment Assets | 4 |
|
|
|||||||
|
|
|||||||||
CURRENT ASSETS | ||||||||||
Debtors | 6 |
|
|
|||||||
Cash at bank and in hand |
|
|
||||||||
313,565 | 55,877 | |||||||||
CREDITORS: Amounts falling due within one year | 7 |
|
|
|||||||
NET CURRENT ASSETS |
|
36,388 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 |
|
|
|||||||
Capital redemption reserve | 10 |
|
|
|||||||
Other reserves | 10 | - | 91,813 | |||||||
Profit and loss account | 326,580 | 53,667 | ||||||||
SHAREHOLDERS' FUNDS |
|
|
||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
Approved by the board on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Director | ||||||||||
............................. | ||||||||||
Richard Ian Cross | ||||||||||
Director | ||||||||||
|
||||||||
Cameron Chase Limited | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2019 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
|
||||||||
Equipment | straight line 33% |
1c. Intangible Assets | ||||||||
|
||||||||
Development costs in relation to a website are being amortised evenly over its estimated useful life of 5 years. |
1d. Investments | ||||||||
Investments in subsidiary and associate undertakings are recognised at cost. |
1e. Turnover | ||||||||
Turnover is the amount derived from ordinary activities and stated after trade discounts and net of value added tax. |
1f. Taxation | ||||||||
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. | ||||||||
Current or deferred taxation assets and liabilities are not discounted. | ||||||||
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substansively enacted by the balance sheet date. |
1g. Exemption From Producing Consolidated Accounts | ||||||||
The financial statements contain information about Cameron Chase Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 248 of the Companies Act 1985 from the requirements to prepare consolidated financial statements. |
|
||||||||
Cameron Chase Limited | ||||||||
|
2. INTANGIBLE FIXED ASSETS | ||||
Development | ||||
Costs | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2018 | 18,577 | 18,577 | ||
At 31/03/2019 | 18,577 | 18,577 | ||
Depreciation | ||||
At 01/04/2018 | 11,146 | 11,146 | ||
For the year | 3,715 | 3,715 | ||
At 31/03/2019 | 14,861 | 14,861 | ||
Net Book Amounts | ||||
At 31/03/2019 |
|
|
||
At 31/03/2018 |
|
|
||
3. TANGIBLE FIXED ASSETS | ||||||
Fixtures | ||||||
and Fittings | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/04/2018 | 9,387 | 14,513 | 23,900 | |||
Additions | - | 650 | 650 | |||
At 31/03/2019 | 9,387 | 15,163 | 24,550 | |||
Depreciation | ||||||
At 01/04/2018 | 9,387 | 12,211 | 21,598 | |||
For the year | - | 1,348 | 1,348 | |||
At 31/03/2019 | 9,387 | 13,559 | 22,946 | |||
Net Book Amounts | ||||||
At 31/03/2019 |
|
|
1,604 | |||
At 31/03/2018 |
|
|
2,302 | |||
|
||||||||
Cameron Chase Limited | ||||||||
|
4. FINANCIAL ASSETS | |||||||||
Shares in group companies | Other | ||||||||
and participating interests | Investments | Total | |||||||
£ | £ | £ | |||||||
Cost | |||||||||
At 01/04/2018 | 225 | 109,234 | 109,459 | ||||||
Revaluation | - | (91,813) | (91,813) | ||||||
At 31/03/2019 | 225 | 17,421 | 17,646 | ||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/03/2019 | 225 | 17,421 | 17,646 | ||||||
At 31/03/2018 | 225 | 109,234 | 109,459 | ||||||
5. FIXED ASSET INVESTMENTS | ||||||||
If fixed asset investments had not been revalued they would have been included at a historical cost of £17,646 (2017: £17,646). | ||||||||
Fixed asset investments were valued on an open market basis on 31 March 2016 by the Director. | ||||||||
Shares in group companies | Other Investments | Totals | ||||||
£ | £ | £ | ||||||
Cost | 225 | 17,421 | 17,646 | |||||
Valuation in 2011 | 110,967 | 110,967 | ||||||
Valuation in 2014 | (45,888) | (45,888) | ||||||
Valuation in 2016 | 26,734 | 26,734 | ||||||
225 | 109,234 | 109,459 |
6. DEBTORS | 2019 | 2018 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 750 | - | ||||||
Prepayments | 3,780 | 2,800 | ||||||
Directors current account | 45,996 | - | ||||||
50,526 | 2,800 | |||||||
|
||||||||
Cameron Chase Limited | ||||||||
|
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
£ | £ | |||||||
UK corporation tax | 5,005 | 14,568 | ||||||
PAYE control | 4,150 | 3,722 | ||||||
Other creditors | 701 | 1,199 | ||||||
9,856 | 19,489 | |||||||
8. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees | 10 | 7 | ||||
9. SHARE CAPITAL | 2019 | 2018 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
|
95 | 95 | ||||||
95 | 95 | |||||||
10. OTHER RESERVES | 2019 | 2018 | ||||
£ | £ | |||||
Capital redemption reserve | - | 10,005 | ||||
Other reserves | - | 91,813 | ||||
- | 101,818 | |||||
11. CONTROLLING PARTY | ||||||||
By virtue of his beneficial ownership of 85% of the issued share capital of the Company, Mr J O'Hare has control of the Company. | ||||||||
|
||||||||
Cameron Chase Limited | ||||||||
|
12. RELATED PARTY TRANSACTIONS | ||||||||
During the year the Company received £112,032 (2018: £112,032) in respect of a joint employment recharge and supply of services to Wilds Financial Planning Ltd. The services were provided under normal commercial terms. During the year the Company received dividends from Wilds Financial Planning Ltd totalling £20,000 (2018: £35,000). Wilds Financial Planning Ltd is an associate of the Company and Mr J O'Hare and Mr R Cross are directors in both companies. | ||||||||
During the year the Company received dividends from MSC Financial Planning Ltd totalling £49,028 (2018: £62,500). MSC Financial Planning Ltd is a subsidiary of the Company and Mr J O'Hare and Mr R Cross are directors in both companies. | ||||||||
During the year the Company received dividends from Forbes Watson Financial Planning Ltd totalling £7,500 (2018: £8,250). Forbes Watson Financial Planning Ltd is a subsidiary of the Company and Mr J O'Hare and Mr R Cross are directors in both companies. | ||||||||