CHANNA HOLDINGS LIMITED - Filleted accounts

Registered number

12858137

CHANNA HOLDINGS LIMITED

Filleted Accounts

31 March 2025

CHANNA HOLDINGS LIMITED
Registered number:		12858137
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Investments	3		170,002			170,002

Current assets
Debtors	4	-			100,000
Cash at bank and in hand		33,350			182,561
		33,350			282,561

Creditors: amounts falling due within one year	5	(180,856)			(223,866)

Net current (liabilities)/assets			(147,506)			58,695

Net assets			22,496			228,697

Capital and reserves
Called up share capital			1			1
Profit and loss account			22,495			228,696

Shareholders' funds			22,496			228,697

The director is 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 director acknowledges his 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.




Rishpal Singh Channa
Director
Approved by the board on 17 December 2025

CHANNA HOLDINGS LIMITED
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 represents rental income received from investment property, exclusive of VAT.

	Investment property
	Investment property is shown at most recent valuation. Any aggregatye surplus or deficit arising from changes in fair value is recognised in the profit or loss.

	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	Nil
	Leasehold land and buildings	Nil

	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 the profit and loss account.

	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.

2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		-		-


3	Investments

Other
investments
£
	Cost
	At 1 April 2024				170,002

	At 31 March 2025				170,002


4	Debtors		2025		2024
£				£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest		-		100,000


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

	Amounts owed to group undertakings and undertakings in which the company has a participating interest		109,042		93,644
	Taxation and social security costs		3,608		2,429
	Other creditors		68,206		127,793
			180,856		223,866


6	Related party transactions		2025		2024
£				£
	Amounts owed to group undertakings and undertakings in which the company has a participating interest includes
	Rygor Auto Group Limited		20,000		-
	Channa properties Limited		89,042		93,644
			109,042		93,644


7	Other information

	CHANNA HOLDINGS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Rygor Commercials, 23a The Broadway
	Westbury
	Wiltshire, England
	BA13 4JX