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Registered Number: 02851688
England and Wales

 

 

 


Abridged Accounts


for the year ended 31 March 2025

for

CHUA & YOUNG LIMITED

Report to the directors on the preparation of the unaudited statutory accounts of Chua & Young Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chua & Young Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys 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://rulebook.accaglobal.com/.       This report is made solely to the Board of Directors of Chua & Young Limited, as a body, in accordance with the terms of our engagement letter dated 12 November 2025. Our work has been undertaken solely to prepare for your approval the accounts of Chua & Young Limited and state those matters that we have agreed to state to the Board of Directors of Chua & Young Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chua & Young Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Chua & Young Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Chua & Young Limited. You consider that Chua & Young 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 accounts of Chua & Young 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 accounts.



....................................................

Broughton & Co. Limited

9 Second Avenue
Worthing
West Sussex
BN14 9NX
12 November 2025
1
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 120,000    120,000 
120,000    120,000 
Current assets      
Debtors 191    175 
Investments 25,774    25,774 
Cash at bank and in hand 42,073    108,738 
68,038    134,687 
Creditors: amount falling due within one year (13,246)   (32,289)
Net current assets 54,792    102,398 
 
Total assets less current liabilities 174,792    222,398 
Net assets 174,792    222,398 
 

Capital and reserves
     
Called up share capital 4 120,000    120,000 
Revaluation Reserves 23,388    23,388 
Profit and loss account 31,404    79,010 
Shareholders' funds 174,792    222,398 
 


For the year ended 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:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 16 October 2025 and were signed on its behalf by:


-------------------------------
Soon Chye Chua
Director
2
General Information
Chua & Young Limited is a private company, limited by shares, registered in England and Wales, registration number 02851688, registration address Old Park Barn, Dag Lane, Stoke Goldington, Buckinghamshire, MK16 8NY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.
2.

Average number of employees

Average number of employees during the year was 3 (2024 : 3).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 April 2024 120,000    120,000 
Additions  
Disposals  
At 31 March 2025 120,000    120,000 
Depreciation
At 01 April 2024  
Charge for year  
On disposals  
At 31 March 2025  
Net book values
Closing balance as at 31 March 2025 120,000    120,000 
Opening balance as at 01 April 2024 120,000    120,000 


4.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
120,000 Class A shares of £1.00 each 120,000    120,000 
120,000    120,000 

3