2023-02-012024-01-312024-01-31false13842832SURGING INVESTMENT LIMITED2024-10-2864209iso4217:GBPxbrli:pure138428322023-02-01138428322024-01-31138428322023-02-012024-01-31138428322022-01-12138428322023-01-31138428322022-01-122023-01-3113842832bus:SmallEntities2023-02-012024-01-3113842832bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3113842832bus:FullAccounts2023-02-012024-01-3113842832bus:PrivateLimitedCompanyLtd2023-02-012024-01-3113842832core:WithinOneYear2024-01-3113842832core:AfterOneYear2024-01-3113842832core:WithinOneYear2023-01-3113842832core:AfterOneYear2023-01-3113842832core:ShareCapital2024-01-3113842832core:SharePremium2024-01-3113842832core:RevaluationReserve2024-01-3113842832core:OtherReservesSubtotal2024-01-3113842832core:RetainedEarningsAccumulatedLosses2024-01-3113842832core:ShareCapital2023-01-3113842832core:SharePremium2023-01-3113842832core:RevaluationReserve2023-01-3113842832core:OtherReservesSubtotal2023-01-3113842832core:RetainedEarningsAccumulatedLosses2023-01-3113842832core:LandBuildings2024-01-3113842832core:PlantMachinery2024-01-3113842832core:Vehicles2024-01-3113842832core:FurnitureFittings2024-01-3113842832core:OfficeEquipment2024-01-3113842832core:NetGoodwill2024-01-3113842832core:IntangibleAssetsOtherThanGoodwill2024-01-3113842832core:ListedExchangeTraded2024-01-3113842832core:UnlistedNon-exchangeTraded2024-01-3113842832core:LandBuildings2023-01-3113842832core:PlantMachinery2023-01-3113842832core:Vehicles2023-01-3113842832core:FurnitureFittings2023-01-3113842832core:OfficeEquipment2023-01-3113842832core:NetGoodwill2023-01-3113842832core:IntangibleAssetsOtherThanGoodwill2023-01-3113842832core:ListedExchangeTraded2023-01-3113842832core:UnlistedNon-exchangeTraded2023-01-3113842832core:LandBuildings2023-02-012024-01-3113842832core:PlantMachinery2023-02-012024-01-3113842832core:Vehicles2023-02-012024-01-3113842832core:FurnitureFittings2023-02-012024-01-3113842832core:OfficeEquipment2023-02-012024-01-3113842832core:NetGoodwill2023-02-012024-01-3113842832core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113842832core:ListedExchangeTraded2023-02-012024-01-3113842832core:UnlistedNon-exchangeTraded2023-02-012024-01-3113842832core:MoreThanFiveYears2023-02-012024-01-3113842832core:Non-currentFinancialInstruments2024-01-3113842832core:Non-currentFinancialInstruments2023-01-3113842832dpl:CostSales2023-02-012024-01-3113842832dpl:DistributionCosts2023-02-012024-01-3113842832core:LandBuildings2023-02-012024-01-3113842832core:PlantMachinery2023-02-012024-01-3113842832core:Vehicles2023-02-012024-01-3113842832core:FurnitureFittings2023-02-012024-01-3113842832core:OfficeEquipment2023-02-012024-01-3113842832dpl:AdministrativeExpenses2023-02-012024-01-3113842832core:NetGoodwill2023-02-012024-01-3113842832core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3113842832dpl:GroupUndertakings2023-02-012024-01-3113842832dpl:ParticipatingInterests2023-02-012024-01-3113842832dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3113842832core:ListedExchangeTraded2023-02-012024-01-3113842832dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3113842832core:UnlistedNon-exchangeTraded2023-02-012024-01-3113842832dpl:CostSales2022-01-122023-01-3113842832dpl:DistributionCosts2022-01-122023-01-3113842832core:LandBuildings2022-01-122023-01-3113842832core:PlantMachinery2022-01-122023-01-3113842832core:Vehicles2022-01-122023-01-3113842832core:FurnitureFittings2022-01-122023-01-3113842832core:OfficeEquipment2022-01-122023-01-3113842832dpl:AdministrativeExpenses2022-01-122023-01-3113842832core:NetGoodwill2022-01-122023-01-3113842832core:IntangibleAssetsOtherThanGoodwill2022-01-122023-01-3113842832dpl:GroupUndertakings2022-01-122023-01-3113842832dpl:ParticipatingInterests2022-01-122023-01-3113842832dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-122023-01-3113842832core:ListedExchangeTraded2022-01-122023-01-3113842832dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-122023-01-3113842832core:UnlistedNon-exchangeTraded2022-01-122023-01-3113842832core:NetGoodwill2024-01-3113842832core:IntangibleAssetsOtherThanGoodwill2024-01-3113842832core:LandBuildings2024-01-3113842832core:PlantMachinery2024-01-3113842832core:Vehicles2024-01-3113842832core:FurnitureFittings2024-01-3113842832core:OfficeEquipment2024-01-3113842832core:AfterOneYear2024-01-3113842832core:WithinOneYear2024-01-3113842832core:ListedExchangeTraded2024-01-3113842832core:UnlistedNon-exchangeTraded2024-01-3113842832core:ShareCapital2024-01-3113842832core:SharePremium2024-01-3113842832core:RevaluationReserve2024-01-3113842832core:OtherReservesSubtotal2024-01-3113842832core:RetainedEarningsAccumulatedLosses2024-01-3113842832core:NetGoodwill2023-01-3113842832core:IntangibleAssetsOtherThanGoodwill2023-01-3113842832core:LandBuildings2023-01-3113842832core:PlantMachinery2023-01-3113842832core:Vehicles2023-01-3113842832core:FurnitureFittings2023-01-3113842832core:OfficeEquipment2023-01-3113842832core:AfterOneYear2023-01-3113842832core:WithinOneYear2023-01-3113842832core:ListedExchangeTraded2023-01-3113842832core:UnlistedNon-exchangeTraded2023-01-3113842832core:ShareCapital2023-01-3113842832core:SharePremium2023-01-3113842832core:RevaluationReserve2023-01-3113842832core:OtherReservesSubtotal2023-01-3113842832core:RetainedEarningsAccumulatedLosses2023-01-3113842832core:NetGoodwill2022-01-1213842832core:IntangibleAssetsOtherThanGoodwill2022-01-1213842832core:LandBuildings2022-01-1213842832core:PlantMachinery2022-01-1213842832core:Vehicles2022-01-1213842832core:FurnitureFittings2022-01-1213842832core:OfficeEquipment2022-01-1213842832core:AfterOneYear2022-01-1213842832core:WithinOneYear2022-01-1213842832core:ListedExchangeTraded2022-01-1213842832core:UnlistedNon-exchangeTraded2022-01-1213842832core:ShareCapital2022-01-1213842832core:SharePremium2022-01-1213842832core:RevaluationReserve2022-01-1213842832core:OtherReservesSubtotal2022-01-1213842832core:RetainedEarningsAccumulatedLosses2022-01-1213842832core:AfterOneYear2023-02-012024-01-3113842832core:WithinOneYear2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3113842832core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3113842832core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3113842832core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3113842832core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3113842832core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3113842832core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3113842832core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3113842832core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3113842832core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3113842832core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3113842832core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3113842832bus:Director12023-02-012024-01-31

SURGING INVESTMENT LIMITED

Registered Number
13842832
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

SURGING INVESTMENT LIMITED
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

GAO, Nicole

Registered Address

35 Pond Street
London
NW3 2PN

Registered Number

13842832 (England and Wales)
SURGING INVESTMENT LIMITED
Statement of Financial Position
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investments3396,612301,714
396,612301,714
Current assets
Debtors4324,760783,580
Cash at bank and on hand70,082490
394,842784,070
Creditors amounts falling due within one year5(149,712)(314,070)
Net current assets (liabilities)245,130470,000
Total assets less current liabilities641,742771,714
Creditors amounts falling due after one year6(800,000)(800,000)
Net assets(158,258)(28,286)
Capital and reserves
Profit and loss account(158,258)(28,286)
Shareholders' funds(158,258)(28,286)
The financial statements were approved and authorised for issue by the Director on 28 October 2024, and are signed on its behalf by:
GAO, Nicole
Director
Registered Company No. 13842832
SURGING INVESTMENT LIMITED
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A, as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.
2.Average number of employees

20242023
Average number of employees during the year00
3.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 01 February 23301,714301,714
Additions94,89894,898
At 31 January 24396,612396,612
Net book value
At 31 January 24396,612396,612
At 31 January 23301,714301,714

Notes

1Other investments other than loans
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables-271,180
Other debtors314,260512,400
Prepayments and accrued income10,500-
Total324,760783,580
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables3,6009,613
Amounts owed to related parties94,672249,519
Other creditors50,00050,000
Accrued liabilities and deferred income1,4404,938
Total149,712314,070
6.Creditors: amounts due after one year

2024

2023

££
Other creditors800,000800,000
Total800,000800,000