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REGISTERED NUMBER: 00728642 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

CHUPON LIMITED

CHUPON LIMITED (REGISTERED NUMBER: 00728642)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHUPON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: F L Holmes
J M Caine
S M Selwood





SECRETARY: S M Selwood





REGISTERED OFFICE: 495 Green Lanes
London
N13 4BS





REGISTERED NUMBER: 00728642 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

CHUPON LIMITED (REGISTERED NUMBER: 00728642)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 132,837 127,189
Investment property 5 - 600,000
132,837 727,189

CURRENT ASSETS
Debtors 6 443,558 125,558
Cash at bank 331,861 78,399
775,419 203,957
CREDITORS
Amounts falling due within one year 7 107,861 3,999
NET CURRENT ASSETS 667,558 199,958
TOTAL ASSETS LESS CURRENT LIABILITIES 800,395 927,147

PROVISIONS FOR LIABILITIES 8 - 142,395
NET ASSETS 800,395 784,752

CAPITAL AND RESERVES
Called up share capital 9 100 100
Non distributable reserve 28,642 455,829
Retained earnings 771,653 328,823
SHAREHOLDERS' FUNDS 800,395 784,752

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

CHUPON LIMITED (REGISTERED NUMBER: 00728642)

BALANCE SHEET - continued
31ST DECEMBER 2023


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 12th March 2024 and were signed on its behalf by:





F L Holmes - Director


CHUPON LIMITED (REGISTERED NUMBER: 00728642)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Chupon Limited 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.

Turnover
Turnover represents rents receivable during the period.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1st January 2023 127,189
Revaluations 5,648
At 31st December 2023 132,837
NET BOOK VALUE
At 31st December 2023 132,837
At 31st December 2022 127,189

Cost or valuation at 31st December 2023 is represented by:

Other
investments
£   
Valuation in 2023 132,837

CHUPON LIMITED (REGISTERED NUMBER: 00728642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. FIXED ASSET INVESTMENTS - continued

If the fixed asset investment had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 100,000 100,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2023 600,000
Disposals (600,000 )
At 31st December 2023 -
NET BOOK VALUE
At 31st December 2023 -
At 31st December 2022 600,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 443,558 125,558

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 106,661 2,799
Other creditors 1,200 1,200
107,861 3,999

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 142,395

Deferred
tax
£   
Balance at 1st January 2023 142,395
Credit to Income Statement during year (142,395 )
Balance at 31st December 2023 -

CHUPON LIMITED (REGISTERED NUMBER: 00728642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

The management commission paid during the year of £9,086 (2022 - £3,600) was charged for services rendered in respect of property management under the control of a director and shareholder of Chupon Limited.

Included in other debtor is an amount of £222,413 (2022 - £22,413 creditor) due from Dalling Property Co Limited, a company in which the directors are also directors and have a material interest.

Included in other debtor is an amount of £221,145 (2022 - £103,145 creditor) due from Kentish Investments Limited, a company in which the directors are also directors and have a material interest.