REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 September 2024 |
for |
Chorus Global Holdings Ltd |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 September 2024 |
for |
Chorus Global Holdings Ltd |
Chorus Global Holdings Ltd (Registered number: 11505119) |
Contents of the Financial Statements |
for the Year Ended 30 September 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chorus Global Holdings Ltd |
Company Information |
for the Year Ended 30 September 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
Statutory Auditor |
Chartered Accountants |
Woodlands Grange |
Woodlands Lane |
Bradley Stoke |
Bristol |
BS32 4JY |
Chorus Global Holdings Ltd (Registered number: 11505119) |
Balance Sheet |
30 September 2024 |
30.9.24 | 30.9.23 |
Notes | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The financial statements were approved by the Board of Directors and authorised for issue on |
Chorus Global Holdings Ltd (Registered number: 11505119) |
Notes to the Financial Statements |
for the Year Ended 30 September 2024 |
1. | STATUTORY INFORMATION |
Chorus Global Holdings Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 October 2023 |
and 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 30 September 2023 |
Chorus Global Holdings Ltd (Registered number: 11505119) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2024 |
4. | FIXED ASSET INVESTMENTS - continued |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: 1 Serbert Way, Portishead, Bristol, BS20 7GD |
Nature of business: |
% |
Class of shares: | holding |
Registered office: 1 Serbert Way, Portishead, Bristol, BS20 7GD |
Nature of business: |
% |
Class of shares: | holding |
30.9.24 |
£ | £ |
Aggregate capital and reserves |
Loss for the year | ( |
) | ( |
) |
Registered office: 1 Serbert Way, Portishead, Bristol, BS20 7GD |
Nature of business: |
% |
Class of shares: | holding |
30.9.24 |
£ | £ |
Aggregate capital and reserves |
Profit for the year |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.24 | 30.9.23 |
£ | £ |
Amounts owed by group undertakings |
Directors' current accounts | - | 1 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.24 | 30.9.23 |
£ | £ |
Amounts owed to group undertakings |
Directors' current accounts | - | 1 |
Chorus Global Holdings Ltd (Registered number: 11505119) |
Notes to the Financial Statements - continued |
for the Year Ended 30 September 2024 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.24 | 30.9.23 |
value: | £ | £ |
Ordinary A | £0.01 | 200 | 200 |
Ordinary B | £0.01 | 200 | 200 |
400 | 400 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | SHARE OPTION SCHEMES |
Chorus Global Holdings Ltd has an Enterprise Management Incentive scheme in place. |
Under this arrangement, the maximum term of any options granted is 10 years after the date of adoption of the Plan. The options shall also lapse if the holder of the options ceases to be an eligible person. |
The directors have adopted the accounting treatment under FRS 20 Share based payment. |
Share options activity: |
EMI Share Scheme | Shares | £ |
Shares outstanding at the beginning of the year | 10,000 | 100 |
Shares outstanding at the end of the year | 10,000 | 100 |