3 01/10/2023 30/09/2024 2024-09-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-10-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 15118891 2023-10-01 2024-09-30 15118891 2024-09-30 15118891 2023-09-30 15118891 bus:RegisteredOffice 2023-10-01 2024-09-30 15118891 bus:LeadAgentIfApplicable 2023-10-01 2024-09-30 15118891 bus:Director1 2023-10-01 2024-09-30 15118891 bus:Director2 2023-10-01 2024-09-30 15118891 bus:Director3 2023-10-01 2024-09-30 15118891 core:AfterOneYear 2024-09-30 15118891 core:ShareCapital 2023-10-01 2024-09-30 15118891 core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 15118891 core:WithinOneYear 2024-09-30 15118891 core:ShareCapital 2024-09-30 15118891 core:RetainedEarningsAccumulatedLosses 2024-09-30 15118891 core:PreviouslyStatedAmount core:ShareCapital 2024-09-30 15118891 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 15118891 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 15118891 core:Non-currentFinancialInstruments 2024-09-30 15118891 bus:Director1 2024-09-30 15118891 bus:Director2 2024-09-30 15118891 bus:Director3 2024-09-30 15118891 bus:SmallEntities 2023-10-01 2024-09-30 15118891 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 15118891 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 15118891 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 15118891 bus:FullAccounts 2023-10-01 2024-09-30
Company registration number: 15118891
BORN TO CHUN LIMITED
30 September 2024
HEYWOODS
Chartered Accountant
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
BORN TO CHUN LIMITED
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
BORN TO CHUN LIMITED
DIRECTORS AND OTHER INFORMATION
Directors Ms E J Chun
Mr M P Smith
Mr S J Chun
Company number 15118891
Registered office 39 Holburne Park
Bathwick
Bath
Somrset
BA2 6BL
Business address 39 Holburne Park
Bathwick
Bath
Somerset
BA2 6BL
Accountants Heywoods
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
Born To Chun Limited
Directors responsibilities statement
Year ended 30 September 2024
BORN TO CHUN LIMITED
REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BORN TO CHUN LIMITED
YEAR ENDED 30TH SEPTEMBER 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Born To Chun Limited for the year ended 30 September 2024 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Born To Chun Limited, as a body, in accordance with the terms of our engagement letter dated 13 May 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Born To Chun Limited and state those matters that we have agreed to state to the board of directors of Born To Chun Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Born To Chun Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Born To Chun 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 Born To Chun Limited. You consider that Born To Chun 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 Born To Chun 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.
Heywoods
Chartered Accountant
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
8 August 2025
BORN TO CHUN LIMITED
STATEMENT OF FINANCIAL POSITION
30TH SEPTEMBER 2024
2024
Note £ £
Fixed assets
Investments 5 207,802
_______
207,802
Current assets
Cash at bank and in hand 2,082
_______
2,082
Creditors: amounts falling due
within one year 6 ( 153,361)
_______
Net current liabilities ( 151,279)
_______
Total assets less current liabilities 56,523
Creditors: amounts falling due
after more than one year 7 ( 59,975)
_______
Net liabilities ( 3,452)
_______
Capital and reserves
Called up share capital 4
Profit and loss account ( 3,456)
_______
Shareholders deficit ( 3,452)
_______
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 07 August 2025 , and are signed on behalf of the board by:
Ms E J Chun Mr M P Smith
Director Director
Company registration number: 15118891
BORN TO CHUN LIMITED
STATEMENT OF CHANGES IN EQUITY
YEAR ENDED 30TH SEPTEMBER 2024
Called up share capital Profit and loss account Total
£ £ £
At 1 October 2023 - - -
Loss for the year ( 3,456) ( 3,456)
_______ _______ _______
Total comprehensive income for the year - ( 3,456) ( 3,456)
Issue of shares 4 4
_______ _______ _______
Total investments by and distributions to owners 4 - 4
_______ _______ _______
At 30 September 2024 4 ( 3,456) ( 3,452)
_______ _______ _______
BORN TO CHUN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30TH SEPTEMBER 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 39 Holburne Park, Bathwick, Bath, Somrset, BA2 6BL.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company is insolvent and dependant upon the continued support of the directors.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3
5. Investments
Other investments other than loans Total
£ £
Cost
At 1 October 2023 - -
Additions 207,802 207,802
_______ _______
At 30 September 2024 207,802 207,802
_______ _______
Impairment
At 1 October 2023 and 30 September 2024 - -
_______ _______
Carrying amount
At 30 September 2024 207,802 207,802
_______ _______
6. Creditors: amounts falling due within one year
2024
£
Other creditors 153,361
_______
7. Creditors: amounts falling due after more than one year
2024
£
Bank loans and overdrafts 59,975
_______
8. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Ms E J Chun - ( 24,334) ( 24,334)
Mr M P Smith - ( 24,334) ( 24,334)
Mr S J Chun - ( 103,973) ( 103,973)
_______ _______ _______
- ( 152,641) ( 152,641)
_______ _______ _______