Company Registration No. 11684237 (England and Wales)
Chew Valley Amusements Limited
Annual Report and Unaudited Accounts
for the year ended 31 March 2020
Chew Valley Amusements Limited
Annual Report and Unaudited Accounts
Contents
Chew Valley Amusements Limited
Company Information
for the year ended 31 March 2020
Directors
Kevin Gamlin
Georgina Carter
Company Number
11684237 (England and Wales)
Registered Office
2 PAUL GARDENS
CROYDON
CR0 5QL
ENGLAND
Accountants
Milton & Co
International Accountants
2 Paul Gardens
Croydon
Surrey
CR0 5QL
Chew Valley Amusements Limited
Statement of financial position
as at
31 March 2020
Cash at bank and in hand
2,308
2
Creditors: amounts falling due within one year
(228,372)
-
Net current (liabilities)/assets
(176,235)
2
Net (liabilities)/assets
(92,913)
2
Called up share capital
2
2
Profit and loss account
(92,915)
-
Shareholders' funds
(92,913)
2
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2020 and were signed on its behalf by
Georgina Carter
Director
Company Registration No. 11684237
Chew Valley Amusements Limited
Notes to the Accounts
for the year ended 31 March 2020
Chew Valley Amusements Limited is a private company, limited by shares, registered in England and Wales, registration number 11684237. The registered office is 2 PAUL GARDENS, CROYDON, CR0 5QL, ENGLAND. The principal place of business is Carters Yard, Waltham Road, Maidenhead, SL6 3JF, 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
The principal activity of the Company is that of Fairgrounds and Associated Entertaining.
The Directors do not recommend the payment of any Dividends.
Chew Valley Amusements Limited
Notes to the Accounts
for the year ended 31 March 2020
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
89,606
21,490
111,096
At 31 March 2020
89,606
21,490
111,096
Charge for the year
22,401
5,373
27,774
At 31 March 2020
22,401
5,373
27,774
At 31 March 2020
67,205
16,117
83,322
Accrued income and prepayments
14,453
-
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
183
-
Loans from directors
196,751
-
7
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares - Georgina Carter of £1 each
1
1
1 Ordinary shares - Kevin Gamlin of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2019: 0).