Dzokchen Limited |
Registered number: |
05105317 |
Balance Sheet |
as at 31 December 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
785,000 |
|
|
785,000 |
|
Creditors: amounts falling due within one year |
4 |
|
(22,888) |
|
|
(18,714) |
|
Net current liabilities |
|
|
|
(22,888) |
|
|
(18,714) |
|
Total assets less current liabilities |
|
|
|
762,112 |
|
|
766,286 |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(315,595) |
|
|
(315,331) |
|
|
|
Net assets |
|
|
|
446,517 |
|
|
450,955 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
446,516 |
|
|
450,954 |
|
Shareholder's funds |
|
|
|
446,517 |
|
|
450,955 |
|
|
|
|
|
|
|
|
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 member has 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. |
|
|
|
|
N Chong |
Director |
Approved by the board on 16 April 2024 |
|
Dzokchen Limited |
Notes to the Accounts |
for the year ended 31 December 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). The company is retaining its accounting policies for reporting assets, liabilities and equity at the transition date until there is a change to these balances or the company enters into new transactions. |
|
|
Investment property |
|
Investment property is initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in profit or loss. |
|
|
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Investment property |
£ |
|
Cost |
|
At 1 January 2023 |
785,000 |
|
At 31 December 2023 |
785,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2023 |
785,000 |
|
At 31 December 2022 |
785,000 |
|
The fair value of the Investment Property at 01 April 2022 has been arrived at on the basis of a valuation carried out at that date by Nicolas Chong, a director of the company who is not a professionally qualified valuer. There has been no movement in the property value at 31 December 2023. |
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
22,600 |
|
18,450 |
|
Other creditors |
288 |
|
264 |
|
|
|
|
|
|
22,888 |
|
18,714 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
315,595 |
|
315,331 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
Dzokchen Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
77 Sandringham Gardens |
|
London |
|
N12 0PA |