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REGISTERED NUMBER: 06841634 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2022

for

CHIFFRON LIMITED

CHIFFRON LIMITED (REGISTERED NUMBER: 06841634)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CHIFFRON LIMITED

Company Information
for the Year Ended 31 March 2022







DIRECTORS: M Chacko
Dr S M Chacko





REGISTERED OFFICE: 3 Ballards Rise
South Croydon
Surrey
CR2 7JT





REGISTERED NUMBER: 06841634 (England and Wales)





ACCOUNTANTS: Roy Joseph & Company Limited
Chartered Accountants
19 Bradmore Green
Brookmans Park
Hertfordshire
AL9 7QR

CHIFFRON LIMITED (REGISTERED NUMBER: 06841634)

Abridged Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Investments 4 149,419 142,164

CURRENT ASSETS
Debtors 17 10
Cash at bank 1,566 2,906
1,583 2,916
CREDITORS
Amounts falling due within one year 106,775 103,026
NET CURRENT LIABILITIES (105,192 ) (100,110 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,227

42,054

PROVISIONS FOR LIABILITIES 5 10,513 9,252
NET ASSETS 33,714 32,802

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,614 32,702
SHAREHOLDERS' FUNDS 33,714 32,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CHIFFRON LIMITED (REGISTERED NUMBER: 06841634)

Abridged Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:




M Chacko - Director



Dr S M Chacko - Director


CHIFFRON LIMITED (REGISTERED NUMBER: 06841634)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Chiffron 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

CHIFFRON LIMITED (REGISTERED NUMBER: 06841634)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 April 2021 142,164
Additions 997
Disposals (381 )
Share of profit/(loss) 6,639
At 31 March 2022 149,419
NET BOOK VALUE
At 31 March 2022 149,419
At 31 March 2021 142,164

Cost or valuation at 31 March 2022 is represented by:
Totals
£   
Valuation in 2016 3,009
Valuation in 2017 8,781
Valuation in 2018 1,044
Valuation in 2019 9,266
Valuation in 2020 (14,404 )
Valuation in 2021 40,405
Valuation in 2022 6,639
Cost 94,679
149,419

5. PROVISIONS FOR LIABILITIES
31.3.22 31.3.21
£    £   
Deferred tax 10,513 9,252

Deferred
tax
£   
Balance at 1 April 2021 9,252
Provided during year 1,261
Balance at 31 March 2022 10,513