2022-02-01 2023-01-31 12407791 Confident Holdings Ltd false 12407791 2022-02-01 2023-01-31 12407791 uk-bus:Director1 2022-02-01 2023-01-31 12407791 uk-bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 12407791 uk-bus:SmallEntities 2022-02-01 2023-01-31 12407791 uk-bus:FullAccounts 2022-02-01 2023-01-31 12407791 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 12407791 2022-02-01 12407791 2023-01-31 12407791 2022-01-31 xbrli:pure iso4217:GBP 12407791 2021-02-01 2022-01-31
Company Registration Number : 12407791 (England and Wales)
12407791
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-01-31
false
Confident Holdings Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-02-01
Confident Holdings Ltd
Unaudited filleted financial statements
For the year ended 31 January 2023
Confident Holdings Ltd
Contents
For the year ended 31 January 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Confident Holdings Ltd
Company Information
For the year ended 31 January 2023

Company registration number 12407791 (England and Wales)
Directors Madhumidha Manoharan
Jayasankar Sankarapillai
Registered office address 52 Pickford Road
Bexleyheath
England
DA7 4AQ
Accountant DNS Associates
Chartered Institute of Management Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
Confident Holdings Ltd
Statement of Financial Position
For the year ended 31 January 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 2,317 1,385
Investment Property 550,000 569,270
5 552,317 570,655
Current assets
Debtors 2,100 2,100
Cash and cash equivalents 39,757 36,277
41,857 38,377
Current liabilities
Creditors: Amounts falling due within one year (209,965) (206,038)
(209,965) (206,038)
Net current (liabilities)/assets (168,108) (167,661)
Total assets less current liabilities 384,209 402,994
Non-current liabilities
Creditors: Amounts falling due after more than one year (416,050) (416,050)
Provision for liabilities (3,661) -
Net (liabilities)/assets (35,503) (13,056)
Capital and reserves
Called up share capital 100 100
Retained earnings (35,603) (13,156)
Shareholders' funds (35,503) (13,056)
For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 January 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 22 August 2023
.............................
Madhumidha MANOHARAN (Director)
Company registration number: 12407791
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-01-31 31 January 2023
2023 2022
£ £
Fixed Assets 552,317 570,655
Current Assets 41,857 38,377
Creditors: amounts falling due within one year (209,965) (206,038)
Net current assets (liabilities) (168,108) (167,661)
Total assets less current liabilities 384,209 402,994
CREDITORS: Amounts falling due more than one year (416,050) (416,050)
Provisions for liabilities (3,661) 0
Net Assets (liabilities) (35,503) (13,056)
Capital and Reserves (35,503) (13,056)
For the year ending 1/31/2023 the company was entitled to exemption 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. For the year ending 31-01-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 22 August 2023 2023-08-22 and signed on behalf of the board,
.............................
Madhumidha MANOHARAN
Director
Company registration number: 12407791
Confident Holdings Ltd
Notes to the Financial Statements
For the year ended 31 January 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 52 Pickford Road, Bexleyheath, England, DA7 4AQ.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Rendering of Services
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Loans and receivables
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Trade and other debtors
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Cash and cash equivalents
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Loans and borrowings
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Trade and other payables
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Deferred Tax
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Investment Properties
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit and loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property. it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an ongoing basis.

(4) Employees
During the year, the average number of employees including director was 0 (2022 : 0).

(5) Fixed assets
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 February 20222,078569,270571,348
Additions2,436-2,436
Revaluation-(19,270)(19,270)
As at 31 January 20234,514550,000554,514
Depreciation/Amortisation
As at 01 February 2022693-693
For the year1,505-1,505
As at 31 January 20232,198-2,198
Net book value
As at 31 January 20232,316550,000552,316
As at 31 January 20221,385569,270570,655

(6) Investment Properties
These financial statements for the year ended 31 January 2023 are the financial statements of the company prepared in accordance with FRS 102 1a "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
The property is being measured at fair value under FRS 102 1a and £19,270 fair value losses are reported in profit or loss and a deferred tax charge of £3,661 is accounted up on it.

(7) Creditors > 1 Year (Bank Loans)
The mortgage loans are secured on the properties.