Chothy & Co Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14298090

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		217,000		-
Tangible Assets	5		550,143		-

			767,143		-
CURRENT ASSETS
Stocks	6	44,800		-
Debtors	7	5,023		-
Cash at bank and in hand		2,435		100

		52,258		100
Creditors: Amounts Falling Due Within One Year	8	(79,238 )		-

NET CURRENT ASSETS (LIABILITIES)			(26,980 )		100

TOTAL ASSETS LESS CURRENT LIABILITIES			740,163		100

Creditors: Amounts Falling Due After More Than One Year	9		(759,881 )		-

NET (LIABILITIES)/ASSETS			(19,718 )		100

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(19,818 )		-

SHAREHOLDERS' FUNDS			(19,718)		100

Page 1

Page 2

Chothy & Co Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Sellathurai Poonkunran

Director

08/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Chothy & Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14298090 . The registered office is 18 St. Peters Road, Great Yarmouth, NR30 3BQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Fixtures & Fittings	10%
Computer Equipment	20%

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: NIL)

Page 3

Page 4

Chothy & Co Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 September 2024	-
Additions	217,000

As at 31 August 2025	217,000

Net Book Value
As at 31 August 2025	217,000

As at 1 September 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	-	-	-	-
Additions	525,943	26,000	1,000	552,943

As at 31 August 2025	525,943	26,000	1,000	552,943

Depreciation
As at 1 September 2024	-	-	-	-
Provided during the period	-	2,600	200	2,800

As at 31 August 2025	-	2,600	200	2,800

Net Book Value
As at 31 August 2025	525,943	23,400	800	550,143

As at 1 September 2024	-	-	-	-

6. Stocks

	2025	2024
	£	£
Finished goods	44,800	-

7. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	5,023	-

Page 4

Page 5

Chothy & Co Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	13,410	-
Bank loans and overdrafts	46,293	-
Other taxes and social security	1,492	-
VAT	1,463	-
Net wages	5,506	-
Accruals and deferred income	660	-
Directors' loan accounts	10,414	-

	79,238	-

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	317,363	-
Directors loan account	150,841	-
Amounts owed to other participating interests	291,677	-

	759,881	-

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 5