Registered number
03253597
C & C Holdings Limited
Unaudited Filleted Accounts
31 March 2023
C & C Holdings Limited
Registered number: 03253597
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 4 350 700
Investments 5 88,000 88,000
88,350 88,700
Current assets
Debtors 6 183,300 344,350
Cash at bank and in hand 36,060 291,625
219,360 635,975
Creditors: amounts falling due within one year 7 (9,925) (148,640)
Net current assets 209,435 487,335
Net assets 297,785 576,035
Capital and reserves
Called up share capital 750 750
Capital redemption reserve 250 250
Profit and loss account 296,785 575,035
Shareholders' funds 297,785 576,035
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G S Asopa
Director
Approved by the board on 30 October 2023
C & C Holdings Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents revenue earned from the rendering of services. It is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Tools and equipment over 4 years
Investments
Investments in subsidiaries are measured at cost less any accumulated impairment losses.
Debtors
Short term debtors (including loans repayable within 12 months) are measured at transaction price (which is usually the invoice price or amount lent), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors (including loans repayable within 12 months) are measured at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Group accounts
The company and its subsidiaries qualify as a small group under the provisions of section 383 Companies Act 2006 and is not required to prepare consolidated accounts. These accounts are those of the parent company only.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Taxation
The charge for taxation represents witholding tax on foreign income and any additional corporation tax payable on the adjusted profits.
4 Tangible fixed assets
Tools and equipment
£
Cost
At 1 April 2022 6,491
At 31 March 2023 6,491
Depreciation
At 1 April 2022 5,791
Charge for the year 350
At 31 March 2023 6,141
Net book value
At 31 March 2023 350
At 31 March 2022 700
5 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2022 88,000
At 31 March 2023 88,000

The subsidiary undertakings are incorporated in India.
6 Debtors 2023 2022
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 183,300 344,350
7 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 129 1,127
Other creditors 9,796 147,513
9,925 148,640
8 Related party transactions
During the year certain directors provided funding for the company and at the year end G S Asopa was owed £3,389 (2022 £69,483) by the company, B E Clements was owed £206 (2022 £72,830).

During the year the company invoiced management, technical and other service charges of £90,000 (2022 £60,000) and loan interest of £8,000 (2022 £17,000) to Star Coolers & Condensers Pvt Ltd. Included in the debtor "Amounts owed by subsidiary undertakings" at the year end was a balance of £183,300 (2022 £344,350) owed by that company.
9 Other information
C & C Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is:
23 Wilderness Heights
West End
Southampton
Hampshire
SO18 3PS
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