Costessey (Norwich) Holding Ltd 31/03/2025 iXBRL

Company registration number: 07359996

Costessey (Norwich) Holding Ltd

Unaudited filleted financial statements

31 March 2025

Costessey (Norwich) Holding Ltd

Contents

Directors and other information

Accountant's report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Costessey (Norwich) Holding Ltd

Directors and other information


	Directors	Mr P Devlukia


	Company number	07359996


	Registered office	4th Floor Elizabeth House
		54-58 High Street
		Edgware
		Middlesex
		HA8 5NN


	Business address	192 Norwich Road
		Norwich
		NR5 0EX


	Accountant	Hindocha Pandit & Co Limited
		4th Floor Elizabeth House
		54-58 High Street
		Edgware
		Middlesex
		HA8 3EJ

Costessey (Norwich) Holding Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Costessey (Norwich) Holding Ltd

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Costessey (Norwich) Holding Ltd for the year ended 31 March 2025 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 me.

As a practising member of the Association of Chartered Certified Accountants , I am 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 Costessey (Norwich) Holding Ltd, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Costessey (Norwich) Holding Ltd and state those matters that we have agreed to state to the board of directors of Costessey (Norwich) Holding Ltd 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, I do not accept or assume responsibility to anyone other than Costessey (Norwich) Holding Ltd and its board of directors as a body for my work or for this report.

It is your duty to ensure that Costessey (Norwich) Holding Ltd 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 profit of Costessey (Norwich) Holding Ltd. You consider that Costessey (Norwich) Holding Ltd is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Costessey (Norwich) Holding Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Hindocha Pandit & Co Limited

Chartered Certified Accountants

4th Floor Elizabeth House

54-58 High Street

Edgware

Middlesex

HA8 3EJ

17 July 2025

Costessey (Norwich) Holding Ltd

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Current assets
Debtors	4	7,917,999		-
Investments	5	3,381,611		1,238,101
Cash at bank and in hand		65,225		995,638
		_______		_______
		11,364,835		2,233,739
Creditors: amounts falling due
within one year	6	( 2,102,861)		( 1,275,014)
		_______		_______
Net current assets			9,261,974		958,725
			_______		_______
Total assets less current liabilities			9,261,974		958,725

			_______		_______
Net assets			9,261,974		958,725
			_______		_______

Capital and reserves
Called up share capital			200		200
Profit and loss account			9,261,774		958,525
			_______		_______
Shareholders funds			9,261,974		958,725
			_______		_______

For the year ending 31 March 2025 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 17 July 2025 , and are signed on behalf of the board by:

Mr P Devlukia

Director

Company registration number: 07359996

Costessey (Norwich) Holding Ltd

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	200	958,525	958,725

Profit for the year		-	-
	_______	_______	_______
Total comprehensive income for the year	-	-	-

	_______	_______	_______
At 31 March 2024 and 1 April 2024	200	958,525	958,725

Profit for the year		8,303,249	8,303,249
	_______	_______	_______
Total comprehensive income for the year	-	8,303,249	8,303,249

	_______	_______	_______
At 31 March 2025	200	9,261,774	9,261,974
	_______	_______	_______

Costessey (Norwich) Holding Ltd

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 4th Floor Elizabeth House, 54-58 High Street, Edgware, Middlesex, HA8 5NN.

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.

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.

4. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	7,838,861	-
Other debtors	79,138	-
	_______	_______
	7,917,999	-
	_______	_______

5. Investments

	2025	2024
	£	£
Investments in group undertakings	1,238,101	1,238,101
Other investments	2,143,510	-
	_______	_______
	3,381,611	1,238,101
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,981,208	1,146,208
Other creditors	121,653	128,806
	_______	_______
	2,102,861	1,275,014
	_______	_______

7. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr P Devlukia	( 128,806)	9,803	( 119,003)
		_______	_______	_______

2024
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr P Devlukia	( 131,421)	2,615	( 128,806)
		_______	_______	_______

8. Controlling party

During the year the company was under the control of Mr P and Mrs M Devlukia the director and shareholder of the company.