IRIS Accounts Production v24.1.0.578 12470767 Board of Directors Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124707672023-02-28124707672024-02-29124707672023-03-012024-02-29124707672022-02-28124707672022-03-012023-02-28124707672023-02-2812470767ns15:EnglandWales2023-03-012024-02-2912470767ns14:PoundSterling2023-03-012024-02-2912470767ns10:Director12023-03-012024-02-2912470767ns10:Director22023-03-012024-02-2912470767ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2912470767ns10:SmallEntities2023-03-012024-02-2912470767ns10:AuditExemptWithAccountantsReport2023-03-012024-02-2912470767ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2912470767ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2912470767ns10:FullAccounts2023-03-012024-02-2912470767ns10:RegisteredOffice2023-03-012024-02-2912470767ns5:CurrentFinancialInstruments2024-02-2912470767ns5:CurrentFinancialInstruments2023-02-2812470767ns5:ShareCapital2024-02-2912470767ns5:ShareCapital2023-02-2812470767ns5:SharePremium2024-02-2912470767ns5:SharePremium2023-02-2812470767ns5:RetainedEarningsAccumulatedLosses2024-02-2912470767ns5:RetainedEarningsAccumulatedLosses2023-02-2812470767ns5:ComputerEquipment2023-03-012024-02-2912470767ns5:MotorVehicles2023-02-2812470767ns5:ComputerEquipment2023-02-2812470767ns5:MotorVehicles2023-03-012024-02-2912470767ns5:MotorVehicles2024-02-2912470767ns5:ComputerEquipment2024-02-2912470767ns5:MotorVehicles2023-02-2812470767ns5:ComputerEquipment2023-02-2812470767ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2912470767ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2812470767ns10:Director222023-02-2812470767ns10:Director222022-02-2812470767ns10:Director222023-03-012024-02-2912470767ns10:Director222022-03-012023-02-2812470767ns10:Director222024-02-2912470767ns10:Director222023-02-28124707671ns10:Director12023-02-28124707671ns10:Director12022-02-28124707671ns10:Director12023-03-012024-02-29124707671ns10:Director12022-03-012023-02-28124707671ns10:Director12024-02-29124707671ns10:Director12023-02-28
REGISTERED NUMBER: 12470767 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

CHADHA HOLDINGS LTD

CHADHA HOLDINGS LTD (REGISTERED NUMBER: 12470767)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


CHADHA HOLDINGS LTD

COMPANY INFORMATION
for the Year Ended 29 February 2024







Directors: T S Chadha
Mrs A Chadha





Registered office: 35
Ray Mill Road East
Maidenhead
Berkshire
SL6 8SW





Registered number: 12470767 (England and Wales)





Accountants: Norwoods
Forest House Office
3 - 5 Horndean Road
Bracknell
Berkshire
RG12 0XQ

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHADHA HOLDINGS LTD (REGISTERED NUMBER: 12470767)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chadha Holdings Ltd for the year ended 29 February 2024 which comprise the Statement of Income and Retained Earnings, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Chadha Holdings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chadha Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Chadha Holdings Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chadha Holdings 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 Chadha Holdings Ltd. You consider that Chadha Holdings 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 Chadha Holdings 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.






Norwoods
Forest House Office
3 - 5 Horndean Road
Bracknell
Berkshire
RG12 0XQ


25 September 2024

CHADHA HOLDINGS LTD (REGISTERED NUMBER: 12470767)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,343 41,267
Investment property 5 1,552,208 1,552,208
1,580,551 1,593,475

CURRENT ASSETS
Debtors 6 1,040 1,000
Cash at bank 48,486 20,482
49,526 21,482
CREDITORS
Amounts falling due within one year 7 30,154 34,242
NET CURRENT ASSETS/(LIABILITIES) 19,372 (12,760 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,599,923 1,580,715

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 1,552,108 1,552,108
Retained earnings 47,615 28,407
1,599,923 1,580,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

CHADHA HOLDINGS LTD (REGISTERED NUMBER: 12470767)

BALANCE SHEET - continued
29 February 2024


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 25 September 2024 and were signed on its behalf by:




Mrs A Chadha - Director



T S Chadha - Director


CHADHA HOLDINGS LTD (REGISTERED NUMBER: 12470767)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Chadha Holdings 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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.

Financial instruments
The company has financial assets and liabilities of a kind that qualify as basic financial instruments, which are initially recognised at transaction value and subsequently measures at their settlement value.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CHADHA HOLDINGS LTD (REGISTERED NUMBER: 12470767)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 March 2023 54,990 100 55,090
Additions - 1,130 1,130
At 29 February 2024 54,990 1,230 56,220
Depreciation
At 1 March 2023 13,748 75 13,823
Charge for year 13,747 307 14,054
At 29 February 2024 27,495 382 27,877
Net book value
At 29 February 2024 27,495 848 28,343
At 28 February 2023 41,242 25 41,267

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 March 2023
and 29 February 2024 1,552,208
Net book value
At 29 February 2024 1,552,208
At 28 February 2023 1,552,208

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,040 1,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 399 -
Taxation and social security 13,339 12,899
Other creditors 16,416 21,343
30,154 34,242

CHADHA HOLDINGS LTD (REGISTERED NUMBER: 12470767)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
T S Chadha
Balance outstanding at start of year - 9,831
Amounts repaid - (9,831 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mrs A Chadha
Balance outstanding at start of year - 9,831
Amounts repaid - (9,831 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -