IRIS Accounts Production v24.3.2.46 05828444 director 1.6.23 31.5.24 31.5.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058284442023-05-31058284442024-05-31058284442023-06-012024-05-31058284442022-05-31058284442022-06-012023-05-31058284442023-05-3105828444ns15:EnglandWales2023-06-012024-05-3105828444ns14:PoundSterling2023-06-012024-05-3105828444ns10:Director12023-06-012024-05-3105828444ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3105828444ns10:SmallEntities2023-06-012024-05-3105828444ns10:AuditExemptWithAccountantsReport2023-06-012024-05-3105828444ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3105828444ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3105828444ns10:FullAccounts2023-06-012024-05-3105828444ns10:OrdinaryShareClass12023-06-012024-05-3105828444ns10:RegisteredOffice2023-06-012024-05-3105828444ns5:CurrentFinancialInstruments2024-05-3105828444ns5:CurrentFinancialInstruments2023-05-3105828444ns5:Non-currentFinancialInstruments2024-05-3105828444ns5:Non-currentFinancialInstruments2023-05-3105828444ns5:ShareCapital2024-05-3105828444ns5:ShareCapital2023-05-3105828444ns5:RetainedEarningsAccumulatedLosses2024-05-3105828444ns5:RetainedEarningsAccumulatedLosses2023-05-3105828444ns5:PlantMachinery2023-06-012024-05-3105828444ns5:PlantMachinery2023-05-3105828444ns5:PlantMachinery2024-05-3105828444ns5:PlantMachinery2023-05-3105828444ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3105828444ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3105828444ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-05-3105828444ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-05-3105828444ns5:AcceleratedTaxDepreciationDeferredTax2024-05-3105828444ns5:AcceleratedTaxDepreciationDeferredTax2023-05-3105828444ns5:DeferredTaxation2023-05-3105828444ns5:DeferredTaxation2024-05-3105828444ns10:OrdinaryShareClass12024-05-3105828444ns5:RetainedEarningsAccumulatedLosses2023-05-3105828444ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31058284441ns10:Director12023-05-31058284441ns10:Director12022-05-31058284441ns10:Director12023-06-012024-05-31058284441ns10:Director12022-06-012023-05-31058284441ns10:Director12024-05-31058284441ns10:Director12023-05-31
REGISTERED NUMBER: 05828444 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

CHOOKZ CONSULTING LIMITED

CHOOKZ CONSULTING LIMITED (REGISTERED NUMBER: 05828444)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

CHOOKZ CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: N N Nnene





REGISTERED OFFICE: 30 Empire House
Great Cambridge Road
Edmonton
London
N18 1EA





REGISTERED NUMBER: 05828444 (England and Wales)





ACCOUNTANTS: Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ

CHOOKZ CONSULTING LIMITED (REGISTERED NUMBER: 05828444)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,153 1,535

CURRENT ASSETS
Debtors 5 20,649 27,497
Cash at bank 661 6,341
21,310 33,838
CREDITORS
Amounts falling due within one year 6 8,624 10,700
NET CURRENT ASSETS 12,686 23,138
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,839

24,673

CREDITORS
Amounts falling due after more than one
year

7

(10,311

)

(15,849

)

PROVISIONS FOR LIABILITIES 8 (379 ) (378 )
NET ASSETS 3,149 8,446

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 3,147 8,444
SHAREHOLDERS' FUNDS 3,149 8,446

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

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

The director acknowledges his 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.

CHOOKZ CONSULTING LIMITED (REGISTERED NUMBER: 05828444)

BALANCE SHEET - continued
31 MAY 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 21 February 2025 and were signed by:





N N Nnene - Director


CHOOKZ CONSULTING LIMITED (REGISTERED NUMBER: 05828444)

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

1. STATUTORY INFORMATION

Chookz Consulting Limited Limited is a private company,limited by shares, registered in England and Wales.The company 's registered number is 05828444 and registered office address is 30 Empire House, Grate Cambridge Road, Edmonton, London, N18 1EA.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Deferred tax
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.

The UK corporation tax rate was 19% up until 31 March 2023. From 1 April 2023, this rate increased to 25%, resulting in an overall corporation tax rate for 2024 of 25%. Deferred tax has been recognised, where applicable, at 25% on the basis that majority of these timing differences are expected to reverse at that rate. Future enacted changes to UK corporation tax rates would change the value of any deferred tax balances recognised.

Revenue recognition
Amounts due under contracts-not yet invoiced (work in progress) are valued at the recoverable standard value of time charged by all personnel engaged in the provision of engineering services. Revenue is recognised as the contracts progress to reflect the partial performance of the contractual obligation. The amount of revenue recognised reflects the accrual of the right for consideration as contract activity progresses by reference to the value of work performed.

Going concern
The directors have considered the working capital position of the company and future working capital requirements, including any impact from the ongoing conflict in Ukraine and high interest rates in the UK and are satisfied that the company will be able to meet its liabilities as they fall due for a period of not less than one year from date of approval of these financial statements.

3. EMPLOYEES AND DIRECTORS

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

CHOOKZ CONSULTING LIMITED (REGISTERED NUMBER: 05828444)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 8,984
DEPRECIATION
At 1 June 2023 7,449
Charge for year 382
At 31 May 2024 7,831
NET BOOK VALUE
At 31 May 2024 1,153
At 31 May 2023 1,535

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Directors' current accounts 20,556 25,642
VAT 93 1,855
20,649 27,497

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors (1 ) 25
Tax 8,375 10,425
Accrued expenses 250 250
8,624 10,700

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Other loans more 5yrs instal 10,311 15,849

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 10,311 15,849

8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax
Accelerated capital allowances 379 378

CHOOKZ CONSULTING LIMITED (REGISTERED NUMBER: 05828444)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 June 2023 378
Charged to Profit & Loss a/c 1
Balance at 31 May 2024 379

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 June 2023 8,444
Deficit for the year (5,297 )
At 31 May 2024 3,147

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
N N Nnene
Balance outstanding at start of year 25,642 25,696
Amounts repaid (5,086 ) (54 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,556 25,642

The company charged interest on the loan to the director , using the Official HM Revenue & Customs rates.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHOOKZ CONSULTING LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chookz Consulting Limited for the year ended 31 May 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Chookz Consulting Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chookz Consulting Limited and state those matters that we have agreed to state to the director of Chookz Consulting Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chookz Consulting Limited and its director for our work or for this report.

It is your duty to ensure that Chookz Consulting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Chookz Consulting Limited. You consider that Chookz Consulting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Chookz Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chris Skarparis & Co Ltd
Chartered Accountants
2nd Floor
10(b) Aldermans Hill
Palmers Green
London
N13 4PJ


21 February 2025