Chloando Investments Ltd - Filleted accounts

Registered number

NI605650

Chloando Investments Ltd

Filleted Accounts

31 March 2025

Chloando Investments Ltd
Registered number:		NI605650
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		15,043			3,394

Current assets
Debtors	5	8,666			6,619
Investments held as current assets	6	309,808			255,362
Cash at bank and in hand		31,846			30,042
		350,320			292,023

Creditors: amounts falling due within one year	7	(42,360)			(35,625)

Net current assets			307,960			256,398

Total assets less current liabilities			323,003			259,792

Creditors: amounts falling due after more than one year	8		(12,209)			(22,409)



Net assets			310,794			237,383

Capital and reserves
Called up share capital			2			2
Revaluation reserve	9		47,249			(12,678)
Profit and loss account			263,543			250,059

Shareholders' funds			310,794			237,383

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P Mahony
Director
Approved by the board on 14 December 2025

Chloando Investments Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in reserves.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 April 2024				250,000
	At 31 March 2025				250,000

	Amortisation
	At 1 April 2024				250,000
	At 31 March 2025				250,000

	Net book value
	At 31 March 2025				-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				24,056
	Additions				14,786
	At 31 March 2025				38,842

	Depreciation
	At 1 April 2024				20,662
	Charge for the year				3,137
	At 31 March 2025				23,799

	Net book value
	At 31 March 2025				15,043
	At 31 March 2024				3,394


5	Debtors		2025		2024
£				£

	Trade debtors		8,666		6,619


6	Investments held as current assets		2025		2024
£				£
	Fair value
	Listed investments		297,756		243,310
	Unlisted investments		12,052		12,052
			309,808		255,362



7	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		1,566		1,393
	Taxation and social security costs		40,716		33,768
	Other creditors		78		464
			42,360		35,625


8	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		12,209		22,409


9	Revaluation reserve		2025		2024
£				£

	At 1 April 2024		(12,678)		(68,131)
	Gain on revaluation of shares		59,927		55,453

	At 31 March 2025		47,249		(12,678)


10	Other information

	Chloando Investments Ltd is a private company limited by shares and incorporated in N Ireland. Its registered office is:
	68 Wellington Park
	Belfast
	BT9 6DP