Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09294395 Mr Josh Ajit Singh Arora iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09294395 2022-11-30 09294395 2023-11-30 09294395 2022-12-01 2023-11-30 09294395 frs-core:CurrentFinancialInstruments 2023-11-30 09294395 frs-core:Non-currentFinancialInstruments 2023-11-30 09294395 frs-core:RevaluationReserve 2022-11-30 09294395 frs-core:RevaluationReserve 2023-11-30 09294395 frs-core:ShareCapital 2023-11-30 09294395 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09294395 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09294395 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09294395 frs-bus:SmallEntities 2022-12-01 2023-11-30 09294395 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09294395 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09294395 frs-bus:Director1 2022-12-01 2023-11-30 09294395 frs-countries:EnglandWales 2022-12-01 2023-11-30 09294395 2021-11-30 09294395 2022-11-30 09294395 2021-12-01 2022-11-30 09294395 frs-core:CurrentFinancialInstruments 2022-11-30 09294395 frs-core:Non-currentFinancialInstruments 2022-11-30 09294395 frs-core:RevaluationReserve 2022-11-30 09294395 frs-core:ShareCapital 2022-11-30 09294395 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09294395
Chelsea Realty Ltd
Financial Statements
For The Year Ended 30 November 2023
SAWHNEY CONSULTING
C/O Sawhney Consulting Limited
429 - 433 Pinner Road
Harrow
HA1 4HN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09294395
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,250,000 2,250,000
2,250,000 2,250,000
CURRENT ASSETS
Debtors 5 1,599,814 1,646,879
Cash at bank and in hand 5,191 9,599
1,605,005 1,656,478
Creditors: Amounts Falling Due Within One Year 6 (1,472,069 ) (1,485,345 )
NET CURRENT ASSETS (LIABILITIES) 132,936 171,133
TOTAL ASSETS LESS CURRENT LIABILITIES 2,382,936 2,421,133
Creditors: Amounts Falling Due After More Than One Year 7 (1,481,717 ) (1,499,454 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (108,796 ) (108,796 )
NET ASSETS 792,423 812,883
CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 572,611 572,611
Profit and Loss Account 219,811 240,271
SHAREHOLDERS' FUNDS 792,423 812,883
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Josh Ajit Singh Arora
Director
13 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Chelsea Realty Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09294395 . The registered office is Ground Floor, 5, Canberra Road, London, England, W13 9BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
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).
2.2. Turnover
Turnover is measured at the fair value of the consideration for rent receivable, net of discounts.
2.3. Investment Properties
Investment property held to earn rentals and for capital appreciation is initially recognised at cost, including the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss, where fair value cannot be achieved without undue cost or effort.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investment Property
2023
£
Fair Value
As at 1 December 2022 and 30 November 2023 2,250,000
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 5,090 7,855
Other debtors 1,594,724 1,639,024
1,599,814 1,646,879
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 2,078
Corporation tax 31,669 47,659
Other creditors 1,440,400 1,435,608
1,472,069 1,485,345
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 1,481,717 1,499,454
Bank loans is secured by first legal charge over investment property held by the company.
Page 3
Page 4
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Revaluation Reserve
£
As at 1 December 2022 572,611
As at 30 November 2023 572,611
10. Other information
CHELSEA REALTY LTD is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor
5, Canberra Road
London
England, 
W13 9BF
Page 4