Registered number
14657901
Choi's Investments Ltd
Filleted Accounts
29 February 2024
Choi's Investments Ltd
Registered number: 14657901
Balance Sheet
as at 29 February 2024
Notes 2024
£
Fixed assets
Tangible assets 3 2,064,837
Current assets
Debtors 4 388,685
Cash at bank and in hand 48,588
437,273
Creditors: amounts falling due within one year 5 (65,400)
Net current assets 371,873
Total assets less current liabilities 2,436,710
Creditors: amounts falling due after more than one year 6 (2,454,255)
Net liabilities (17,545)
Capital and reserves
Called up share capital 100
Profit and loss account (17,645)
Shareholders' funds (17,545)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
H I Choi
Director
Approved by the board on 17 October 2024
Choi's Investments Ltd
Notes to the Accounts
for the period from 13 February 2023 to 29 February 2024
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings No depreciation
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024
Number
Average number of persons employed by the company 0
3 Tangible fixed assets
Land and building
£
Cost
Additions 2,064,837
At 29 February 2024 2,064,837
Depreciation
At 29 February 2024 -
Net book value
At 29 February 2024 2,064,837
4 Debtors 2024
£
Other debtors 388,685
5 Creditors: amounts falling due within one year 2024
£
Other creditors 65,400
6 Creditors: amounts falling due after one year 2024
£
Other creditors 2,454,255
7 Other information
Choi's Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
26C Lyon Road
Walton-On-Thames
Surrey
KT12 3PU
Choi's Investments Ltd 14657901 false 2023-02-13 2024-02-29 2024-02-29 VT Final Accounts July 2024 H I Choi No description of principal activity 14657901 2023-02-13 2024-02-29 14657901 bus:PrivateLimitedCompanyLtd 2023-02-13 2024-02-29 14657901 bus:AuditExempt-NoAccountantsReport 2023-02-13 2024-02-29 14657901 bus:Director40 2023-02-13 2024-02-29 14657901 1 2023-02-13 2024-02-29 14657901 2 2023-02-13 2024-02-29 14657901 countries:England 2023-02-13 2024-02-29 14657901 bus:FRS102 2023-02-13 2024-02-29 14657901 bus:FilletedAccounts 2023-02-13 2024-02-29 14657901 2024-02-29 14657901 core:WithinOneYear 2024-02-29 14657901 core:AfterOneYear 2024-02-29 14657901 core:ShareCapital 2024-02-29 14657901 core:RetainedEarningsAccumulatedLosses 2024-02-29 14657901 2023-02-12 iso4217:GBP xbrli:pure