Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10219829 Mr Kansan Franco Mr Majuran RENGANATHAN Mr Sunil Pindoria Mr Anton Dominic iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10219829 2023-06-30 10219829 2024-06-30 10219829 2023-07-01 2024-06-30 10219829 frs-core:CurrentFinancialInstruments 2024-06-30 10219829 frs-core:Non-currentFinancialInstruments 2024-06-30 10219829 frs-core:ShareCapital 2024-06-30 10219829 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10219829 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10219829 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10219829 frs-bus:SmallEntities 2023-07-01 2024-06-30 10219829 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10219829 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10219829 frs-core:CostValuation 2023-06-30 10219829 frs-core:CostValuation 2024-06-30 10219829 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 10219829 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 10219829 frs-bus:Director1 2023-07-01 2024-06-30 10219829 frs-bus:Director2 2023-07-01 2024-06-30 10219829 frs-bus:Director3 2023-07-01 2024-06-30 10219829 frs-bus:Director4 2023-07-01 2024-06-30 10219829 frs-core:CurrentFinancialInstruments 1 2024-06-30 10219829 frs-countries:EnglandWales 2023-07-01 2024-06-30 10219829 2022-06-30 10219829 2023-06-30 10219829 2022-07-01 2023-06-30 10219829 frs-core:CurrentFinancialInstruments 2023-06-30 10219829 frs-core:Non-currentFinancialInstruments 2023-06-30 10219829 frs-core:ShareCapital 2023-06-30 10219829 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 10219829 frs-core:CurrentFinancialInstruments 1 2023-06-30 10219829 frs-core:CurrentFinancialInstruments 3 2023-06-30
Registered number: 10219829
Chiltern Business Investments Ltd
Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—6
Page 1
Company Information
Directors Mr Kansan Franco
Mr Majuran RENGANATHAN
Mr Sunil Pindoria
Mr Anton Dominic
Company Number 10219829
Registered Office 11 Lancaster Avenue
Harrow
Middlesex
HA2 7NN
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Page 2
Accountants' Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chiltern Business Investments Ltd for the year ended 30 June 2024 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the directors of Chiltern Business Investments Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chiltern Business Investments Ltd and state those matters that we have agreed to state to the directors of Chiltern Business Investments Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Chiltern Business Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Chiltern Business Investments Ltd . You consider that Chiltern Business Investments Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Chiltern Business Investments Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Signed
Anton Dominic ACMA
31/07/2024
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Page 3
Balance Sheet
Registered number: 10219829
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,128,061 1,128,061
1,128,061 1,128,061
CURRENT ASSETS
Cash at bank and in hand 1,782 2,805
1,782 2,805
Creditors: Amounts Falling Due Within One Year 5 (374,947 ) (377,223 )
NET CURRENT ASSETS (LIABILITIES) (373,165 ) (374,418 )
TOTAL ASSETS LESS CURRENT LIABILITIES 754,896 753,643
Creditors: Amounts Falling Due After More Than One Year 6 (743,865 ) (743,865 )
NET ASSETS 11,031 9,778
CAPITAL AND RESERVES
Called up share capital 7 20 5
Profit and Loss Account 11,011 9,773
SHAREHOLDERS' FUNDS 11,031 9,778
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For the year ending 30 June 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kansan Franco
Director
31/07/2024
The notes on pages 5 to 6 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Chiltern Business Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10219829 . The registered office is 11 Lancaster Avenue, Harrow, Middlesex, HA2 7NN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is not a measure for the Company. The source of income for the company is the rental income.
Rendering of services
The rental income generated by the portfolio of properties held by the company.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable with no tax deferred.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax (and with no deferred tax) is recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
0Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Other
£
Cost
As at 1 July 2023 1,128,061
As at 30 June 2024 1,128,061
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 1,128,061
As at 1 July 2023 1,128,061
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 290 1,480
Other creditors (Joe) 62,783 14
Current Account with Investors' 306,874 369,629
Other creditors (Tenent Deposit) - 1,100
Amounts owed to other participating interests (Current liabilities - creditors < 1 year) 5,000 5,000
374,947 377,223
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Mortgage Lenders 743,865 743,865
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 5
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