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REGISTERED NUMBER: 01258185 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Chiltern Creative Limited

Chiltern Creative Limited (Registered number: 01258185)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Chiltern Creative Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: S E Matthews





SECRETARY: Mrs P J Matthews





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 01258185 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Chiltern Creative Limited (Registered number: 01258185)

Statement of Financial Position
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,621,752 2,363,900

CURRENT ASSETS
Debtors 6 20,526 18,313
Cash at bank 676,305 854,154
696,831 872,467
CREDITORS
Amounts falling due within one year 7 304,261 323,505
NET CURRENT ASSETS 392,570 548,962
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,014,322

2,912,862

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 2 2
Revaluation reserve 8 717,736 966,164
Retained earnings 2,296,584 1,946,696
SHAREHOLDERS' FUNDS 3,014,322 2,912,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 17 December 2018 and were signed by:




S E Matthews - Director


Chiltern Creative Limited (Registered number: 01258185)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Chiltern Creative Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rents and service charges receivable from tenants, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investment properties are valued annually and shown in the accounts at valuation. Net surpluses are credited to
revaluation reserves.

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
substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

Chiltern Creative Limited (Registered number: 01258185)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST OR VALUATION
At 1 April 2017 2,363,900 250 2,364,150
Additions 531,752 - 531,752
Disposals (273,900 ) - (273,900 )
At 31 March 2018 2,621,752 250 2,622,002
DEPRECIATION
At 1 April 2017
and 31 March 2018 - 250 250
NET BOOK VALUE
At 31 March 2018 2,621,752 - 2,621,752
At 31 March 2017 2,363,900 - 2,363,900

Cost or valuation at 31 March 2018 is represented by:

Land and
buildings
£   
Valuation in 2005 1,106,790
Valuation in 2006 330,000
Valuation in 2007 (560,000 )
Valuation in 2009 (278,266 )
Valuation in 2011 (185,000 )
Valuation in 2014 50,000
Valuation in 2015 329,000
Valuation in 2016 211,000
Valuation in 2017 (4,391 )
Valuation in 2018 (248,428 )
Cost 1,871,047
2,621,752

If freehold properties had not been revalued they would have been included at the following historical cost:

31.3.18 31.3.17
£    £   
Cost 1,871,047 1,364,767

Freehold investment properties were valued on an open market basis on 31 March 2018 by Mr S Matthews, a Director at £2,621,752
.

Chiltern Creative Limited (Registered number: 01258185)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 18,233 15,700
Prepayments 2,293 2,613
20,526 18,313

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Tax 64,181 52,830
Social security and other taxes 16 -
VAT 735 263
Other creditors 25,500 23,825
Directors' current accounts 192,418 224,041
Accrued expenses 21,411 22,546
304,261 323,505

8. RESERVES
Revaluation
reserve
£   
At 1 April 2017 966,164
Revaluation surplus (248,428 )

At 31 March 2018 717,736