CSP Investment Holdings Ltd 09436507 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is Holding company Digita Accounts Production Advanced 6.30.9574.0 true true 09436507 2023-06-01 2024-05-31 09436507 2024-05-31 09436507 bus:Director1 1 2024-05-31 09436507 core:CurrentFinancialInstruments 2024-05-31 09436507 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 09436507 core:Non-currentFinancialInstruments 2024-05-31 09436507 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 09436507 core:OfficeEquipment 2024-05-31 09436507 core:PlantMachinery 2024-05-31 09436507 bus:SmallEntities 2023-06-01 2024-05-31 09436507 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09436507 bus:FilletedAccounts 2023-06-01 2024-05-31 09436507 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09436507 bus:RegisteredOffice 2023-06-01 2024-05-31 09436507 bus:Director1 2023-06-01 2024-05-31 09436507 bus:Director1 1 2023-06-01 2024-05-31 09436507 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09436507 core:OfficeEquipment 2023-06-01 2024-05-31 09436507 core:PlantMachinery 2023-06-01 2024-05-31 09436507 countries:EnglandWales 2023-06-01 2024-05-31 09436507 2023-05-31 09436507 bus:Director1 1 2023-05-31 09436507 core:OfficeEquipment 2023-05-31 09436507 core:PlantMachinery 2023-05-31 09436507 2022-06-01 2023-05-31 09436507 2023-05-31 09436507 bus:Director1 1 2023-05-31 09436507 core:CurrentFinancialInstruments 2023-05-31 09436507 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 09436507 core:Non-currentFinancialInstruments 2023-05-31 09436507 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 09436507 core:OfficeEquipment 2023-05-31 09436507 core:PlantMachinery 2023-05-31 09436507 bus:Director1 1 2022-06-01 2023-05-31 09436507 bus:Director1 1 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 09436507

CSP Investment Holdings Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

CSP Investment Holdings Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

CSP Investment Holdings Ltd

Company Information

Director

L Sagar

Registered office

21 Scholes Lane
Scholes
Cleckheaton
West Yorkshire
BD19 6NS

 

CSP Investment Holdings Ltd

(Registration number: 09436507)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

69

92

Debtors

5

-

144,000

 

69

144,092

Current assets

 

Debtors

5

70,486

101,416

Cash at bank and in hand

 

333,728

243,399

 

404,214

344,815

Creditors: Amounts falling due within one year

6

(1,020)

(2,199)

Net current assets

 

403,194

342,616

Net assets

 

403,263

486,708

Capital and reserves

 

Called up share capital

100

100

Retained earnings

403,163

486,608

Shareholders' funds

 

403,263

486,708

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

CSP Investment Holdings Ltd

(Registration number: 09436507)
Balance Sheet as at 31 May 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 July 2024
 

.........................................
L Sagar
Director

 

CSP Investment Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
21 Scholes Lane
Scholes
Cleckheaton
West Yorkshire
BD19 6NS
England

These financial statements were authorised for issue by the director on 24 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

CSP Investment Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% on reducing balance

Office equipment

33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

CSP Investment Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

4

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 June 2023

217

13,828

14,045

At 31 May 2024

217

13,828

14,045

Depreciation

At 1 June 2023

125

13,828

13,953

Charge for the year

23

-

23

At 31 May 2024

148

13,828

13,976

Carrying amount

At 31 May 2024

69

-

69

At 31 May 2023

92

-

92

5

Debtors

Current

2024
£

2023
£

Other debtors

70,486

101,416

 

70,486

101,416

Non-current

2024
£

2023
£

Other debtors

-

144,000

 

-

144,000

Details of non-current trade and other debtors

£Nil (2023 -£144,000) of Mortgage loan is classified as non current.

 

CSP Investment Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

1,020

1,020

Other creditors

-

1,179

1,020

2,199

7

Related party transactions

Transactions with the director

2024

At 1 June 2023
£

Advances to director
£

At 31 May 2024
£

L Sagar

Interest has been charged at 2.25%. There are no conditions attached to this loan.

-

10,661

10,661

2023

At 1 June 2022
£

Advances to director
£

Repayments by director
£

At 31 May 2023
£

L Sagar

Interest has been charged at 2.25%. There are no conditions attached to this loan.

15,201

-

(15,201)

-