2023-06-01 2024-05-31 false Capium Accounts Production 1.1 10761927 bus:FullAccounts 2023-06-01 2024-05-31 10761927 bus:FRS102 2023-06-01 2024-05-31 10761927 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10761927 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10761927 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10761927 2023-06-01 2024-05-31 10761927 2024-05-31 10761927 bus:RegisteredOffice 2023-06-01 2024-05-31 10761927 core:WithinOneYear 2024-05-31 10761927 core:AfterOneYear 2024-05-31 10761927 bus:Director1 2023-06-01 2024-05-31 10761927 bus:Director1 2024-05-31 10761927 bus:Director1 2022-06-01 2023-05-31 10761927 2022-06-01 10761927 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 10761927 2022-06-01 2023-05-31 10761927 2023-05-31 10761927 core:WithinOneYear 2023-05-31 10761927 core:AfterOneYear 2023-05-31 10761927 bus:EntityAccountantsOrAuditors 2022-06-01 2023-05-31 10761927 core:MotorCars 2023-06-01 2024-05-31 10761927 core:MotorCars 2024-05-31 10761927 core:MotorCars 2023-05-31 10761927 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-05-31 10761927 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 10761927 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 10761927 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 10761927 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 10761927 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 10761927 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 10761927 core:Non-currentFinancialInstruments 2024-05-31 10761927 core:Non-currentFinancialInstruments 2023-05-31 10761927 core:ShareCapital 2024-05-31 10761927 core:ShareCapital 2023-05-31 10761927 core:RetainedEarningsAccumulatedLosses 2024-05-31 10761927 core:RetainedEarningsAccumulatedLosses 2023-05-31 10761927 dpl:Item1 2023-06-01 10761927 dpl:Item1 2024-05-31 10761927 dpl:Item1 2022-06-01 10761927 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 10761927
England and Wales

 

 

 

CHOUDHRY INVESTMENTS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
Director Ashiq Ali
Registered Number 10761927
Registered Office 210 St. Vincent Street West
Birmingham
B16 8RP
1
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 May 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
HUSA Accountants Limited
31 May 2024



....................................................
HUSA Accountants Limited
11 Deakins Road
Haymills
Birmingham
B25 8DX
19 June 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 2,890,620    948,106 
2,890,620    948,106 
Current assets      
Debtors 4 81,388    74,922 
Cash at bank and in hand 2,171    14,751 
83,559    89,673 
Creditors: amount falling due within one year 5 (1,324,446)   (504,656)
Net current assets (1,240,887)   (414,983)
 
Total assets less current liabilities 1,649,733    533,123 
Creditors: amount falling due after more than one year 6 (1,820,708)   (353,235)
Net assets (170,975)   179,888 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (171,075)   179,788 
Shareholders' funds (170,975)   179,888 
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 19 June 2024 and were signed by:


-------------------------------
Ashiq Ali
Director
3
General Information
Choudhry Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10761927, registration address 210 St. Vincent Street West, Birmingham, B16 8RP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit
for the current or past reporting periods using the tax rates and laws that that have been
enacted or substantively enacted by the reporting date.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery etc 20%
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
2.

Average number of employees

Average number of employees during the year was 7 (2023 : 6).
3.

Tangible fixed assets

Cost or valuation Plant and machinery etc   Total
  £   £
At 01 June 2023 1,330,809    1,330,809 
Additions 2,723,613    2,723,613 
Disposals (122,500)   (122,500)
At 31 May 2024 3,931,922    3,931,922 
Depreciation
At 01 June 2023 382,703    382,703 
Charge for year 722,655    722,655 
On disposals (64,056)   (64,056)
At 31 May 2024 1,041,302    1,041,302 
Net book values
Closing balance as at 31 May 2024 2,890,620    2,890,620 
Opening balance as at 01 June 2023 948,106    948,106 

The net book value of Motor Vehicles includes £ 2,493,846 (2023 £569,195) in respect of assets leased under finance leases or hire purchase contracts.

4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Amount Owed by Group Undertakings 81,388   
Other Debtors   74,922 
81,388    74,922 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 65,530   
Bank Loans & Overdrafts 18,054    18,849 
Taxation and Social Security 250,919    128,874 
Obligations under HP/Financial Leases 874,635    261,133 
Other Creditors 115,308    95,800 
1,324,446    504,656 

6.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 6,677    13,391 
Obligations under HP/Financial Leases 1,814,031    339,844 
1,820,708    353,235 

4