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REGISTERED NUMBER: 13244570 (England and Wales)









Financial Statements

for the Year Ended 31 March 2023

for

Bruno Singh Investments Ltd

Bruno Singh Investments Ltd (Registered number: 13244570)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Bruno Singh Investments Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs C Singh
S. Singh





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 13244570 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Bruno Singh Investments Ltd (Registered number: 13244570)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 2,947,981 1,006,206

CURRENT ASSETS
Cash at bank 523,717 2,510,404

CREDITORS
Amounts falling due within one year 5 (3,501,700 ) (3,491,800 )
NET CURRENT LIABILITIES (2,977,983 ) (981,396 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(30,002

)

24,810

PROVISIONS FOR LIABILITIES (1,862 ) (3,121 )
NET (LIABILITIES)/ASSETS (31,864 ) 21,689

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Fair value reserve 6 5,585 13,305
Retained earnings (47,449 ) (1,616 )
SHAREHOLDERS' FUNDS (31,864 ) 21,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by:





Mrs C Singh - Director


Bruno Singh Investments Ltd (Registered number: 13244570)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Bruno Singh Investments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fixed asset investments
Fixed asset investments comprise of investments in listed and unlisted investments measured at fair value with changes in fair value being recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 1,006,206
Additions 2,422,775
Disposals (473,548 )
Revaluations (7,452 )
At 31 March 2023 2,947,981
NET BOOK VALUE
At 31 March 2023 2,947,981
At 31 March 2022 1,006,206

Bruno Singh Investments Ltd (Registered number: 13244570)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2022 (7,452 )
Cost 2,955,433
2,947,981

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 3,501,700 3,491,800

6. RESERVES
Fair
value
reserve
£   
At 1 April 2022 13,305
Reserves transfer (7,720 )

At 31 March 2023 5,585