CHIGBUNDU LTD

Company Registration Number:
13967439 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 10 March 2022

End date: 31 March 2023

CHIGBUNDU LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

CHIGBUNDU LTD

Balance sheet

As at 31 March 2023


Notes

13 months to 31 March 2023


£
Fixed assets
Tangible assets: 3 256
Total fixed assets: 256
Current assets
Total assets less current liabilities: 256
Creditors: amounts falling due after more than one year: 4 (410)
Total net assets (liabilities): (154)
Capital and reserves
Called up share capital: 1
Profit and loss account: (155)
Shareholders funds: (154)

The notes form part of these financial statements

CHIGBUNDU LTD

Balance sheet statements

For the year ending 31 March 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 November 2023
and signed on behalf of the board by:

Name: Chigbundu Morrison
Status: Director

The notes form part of these financial statements

CHIGBUNDU LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Other accounting policies

CHIGBUNDU LTD hereinafter referred to as the company is registered with companies’ house with registration number 13967439 with CHIGBUNDU, Morison as the Directors of the Company. The company provides care services to its customers through its director and staff.The financial statement has been prepared under the historical cost convention and in accordance with the financial Reporting Standard for Smaller Entities (effective January 2016)

CHIGBUNDU LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

13 months to 31 March 2023
Average number of employees during the period 1

No other employee was paid wages during the FY ended

CHIGBUNDU LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
Additions 256
At 31 March 2023 256
Net book value
At 31 March 2023 256

Property, plant and equipment (PPE) are the long-term tangible assets that are shown on the balance sheet of the company. The company recognizes an asset as an item of PPE when the asset has a useful life for more than one year and it is used for production or supply of goods or services, for rental to others, or for administrative purposes.Property, plant and equipment include land, building, machinery, vehicles, office equipment and furniture, etc. The company records an item of property, plant and equipment initially at its cost in the accounting record. It includes all costs that necessary to bring the asset to the working condition that it can be used as intended. The cost of an item of PPE includes purchased price, import duties, and the costs to get assets to the location and condition ready to use such as transportation and installation cost, etc.

CHIGBUNDU LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due after more than one year note

The Director took some loan to fund some of the bills but optimistic business will be profitable in the future years.