Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-304truefalse2023-07-01falsethat of a holding company.4The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13402276 2023-07-01 2024-06-30 13402276 2022-06-01 2023-06-30 13402276 2024-06-30 13402276 2023-06-30 13402276 c:Director2 2023-07-01 2024-06-30 13402276 c:Director3 2023-07-01 2024-06-30 13402276 d:CurrentFinancialInstruments 2024-06-30 13402276 d:CurrentFinancialInstruments 2023-06-30 13402276 d:Non-currentFinancialInstruments 2024-06-30 13402276 d:Non-currentFinancialInstruments 2023-06-30 13402276 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13402276 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13402276 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 13402276 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 13402276 d:ShareCapital 2024-06-30 13402276 d:ShareCapital 2023-06-30 13402276 d:SharePremium 2024-06-30 13402276 d:SharePremium 2023-06-30 13402276 d:RetainedEarningsAccumulatedLosses 2024-06-30 13402276 d:RetainedEarningsAccumulatedLosses 2023-06-30 13402276 c:FRS102 2023-07-01 2024-06-30 13402276 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13402276 c:FullAccounts 2023-07-01 2024-06-30 13402276 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13402276 6 2023-07-01 2024-06-30 13402276 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 13402276










ALLCHIN HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
ALLCHIN HOLDINGS LIMITED
REGISTERED NUMBER: 13402276

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
3,032,163
3,032,163

  
3,032,163
3,032,163

Current assets
  

Cash at bank and in hand
  
2,078
8,456

  
2,078
8,456

Creditors: amounts falling due within one year
 5 
(840,336)
(770,604)

Net current liabilities
  
 
 
(838,258)
 
 
(762,148)

Total assets less current liabilities
  
2,193,905
2,270,015

Creditors: amounts falling due after more than one year
 6 
(533,601)
(559,420)

  

Net assets
  
1,660,304
1,710,595


Capital and reserves
  

Called up share capital 
  
80,000
80,000

Share premium account
  
1,689,472
1,689,472

Profit and loss account
  
(109,168)
(58,877)

  
1,660,304
1,710,595

Page 1

 
ALLCHIN HOLDINGS LIMITED
REGISTERED NUMBER: 13402276
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

Mr Miran Shah
Mrs Sonal Davda
Director
Director


Date: 21 February 2025
Date:21 February 2025

Page 2

 
ALLCHIN HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Allchin Holdings Limited is a private company, limited by share capital and incorporated in England and Wales under registration number 13402276. The registered office address of the company is Allchin Pharmacy, 28 Englands Lane, London, NW3 4UE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
ALLCHIN HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the period was 4 (2023 - 4).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
3,032,163



At 30 June 2024
3,032,163





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
70,396
68,820

Amounts owed to group undertakings
768,140
699,984

Accruals and deferred income
1,800
1,800

840,336
770,604


Bank loans are secured by a fixed and floating charge over the assets of the company.

Page 4

 
ALLCHIN HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
533,601
559,420

533,601
559,420


Bank loans are secured by a fixed and floating charge over the assets of the company.


7.


Controlling party

The company has no controlling party.

 
Page 5