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REGISTERED NUMBER: SC607953 (Scotland)















Unaudited Financial Statements For The Year Ended 30 September 2023

for

CHEEMA MANAGEMENT LTD

CHEEMA MANAGEMENT LTD (Registered number: SC607953)






Contents of the Financial Statements
For The Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CHEEMA MANAGEMENT LTD

Company Information
For The Year Ended 30 September 2023







DIRECTORS: W A Cheema
A W Cheema





REGISTERED OFFICE: 9 Bridgegait
Milngavie
Glasgow
G62 6NT





REGISTERED NUMBER: SC607953 (Scotland)





ACCOUNTANTS: Ahmad & Nabi Mcmullan
95-107 Lancefield Street
Glasgow
Lanarkshire
G3 8HZ

CHEEMA MANAGEMENT LTD (Registered number: SC607953)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £   
CURRENT ASSETS
Debtors 4 220,935 114,088
Cash at bank 124 2,618
221,059 116,706
CREDITORS
Amounts falling due within one year 5 26,967 16,325
NET CURRENT ASSETS 194,092 100,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,092

100,381

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 193,992 100,281
SHAREHOLDERS' FUNDS 194,092 100,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

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

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 24 October 2023 and were signed on its behalf by:





W A Cheema - Director


CHEEMA MANAGEMENT LTD (Registered number: SC607953)

Notes to the Financial Statements
For The Year Ended 30 September 2023

1. STATUTORY INFORMATION

CHEEMA MANAGEMENT LTD is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 1 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 36,500 -
Cheema Property Ventures Ltd 117,886 114,088
Other debtors 66,549 -
220,935 114,088

CHEEMA MANAGEMENT LTD (Registered number: SC607953)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Tax 26,367 12,966
Directors' current accounts - 2,804
Accrued expenses 600 555
26,967 16,325