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REGISTERED NUMBER: 12389367 (England and Wales)















KROWDRAH INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2024






KROWDRAH INVESTMENTS LTD (REGISTERED NUMBER: 12389367)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KROWDRAH INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: J Sawrij





REGISTERED OFFICE: Swalesmoor Farm
Swales Moor Road
Halifax
HX3 6UF





REGISTERED NUMBER: 12389367 (England and Wales)






KROWDRAH INVESTMENTS LTD (REGISTERED NUMBER: 12389367)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 7,596,061 5,393,182

CURRENT ASSETS
Debtors 5 490,966 298,701
Cash at bank 51,886 117,133
542,852 415,834
CREDITORS
Amounts falling due within one year 6 7,412,158 5,492,351
NET CURRENT LIABILITIES (6,869,306 ) (5,076,517 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

726,755

316,665

PROVISIONS FOR LIABILITIES 72,685 -
NET ASSETS 654,070 316,665

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 653,970 316,565
654,070 316,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

KROWDRAH INVESTMENTS LTD (REGISTERED NUMBER: 12389367)

BALANCE SHEET - continued
31 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:





J Sawrij - Director


KROWDRAH INVESTMENTS LTD (REGISTERED NUMBER: 12389367)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Krowdrah Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Valuation of investments
Investments in listed company shares are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

KROWDRAH INVESTMENTS LTD (REGISTERED NUMBER: 12389367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Other than in the case of derivatives, as noted below, the company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

Investments in non-derivative instruments that are equity to the issuer are measured at fair vale with changes recognised in income statement if the shares are publicly traded or their fair value can otherwise be reliably measured.

Derivatives, including interest rate swaps and forward foreign exchange contracts are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently remeasured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or income as appropriate. The company does not currently apply hedge accounting for interest rate and foreign exchange contracts.

The company does not apply hedge accounting in respect of forward foreign exchange contracts held to manage the cash flow exposures of forecast transactions denominated in foreign currencies.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 February 2023 5,393,182
Additions 2,546,083
Disposals (642,820 )
Revaluations 299,616
At 31 January 2024 7,596,061
NET BOOK VALUE
At 31 January 2024 7,596,061
At 31 January 2023 5,393,182

KROWDRAH INVESTMENTS LTD (REGISTERED NUMBER: 12389367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 January 2024 is represented by:

Other
investments
£   
Valuation in 2021 29,773
Valuation in 2022 184,317
Valuation in 2023 (222,965 )
Valuation in 2024 299,616
Cost 7,305,320
7,596,061

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 7,305,320 5,402,057

Fixed asset investments were valued on a quoted market price basis on 31 January 2024 by Goldman Sachs and Evelyn Partners .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Derivative financial
instruments 490,966 298,701
490,966 298,701

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 9,806 -
Other creditors 7,402,352 5,492,351
7,412,158 5,492,351

7. DERIVATIVES

2024 2023
£ £
Derivatives measured at fair value through profit and loss

Hedged investments 488,980 301,685
FX forwards 1,986 (2,984)
490,966 298,701