CHO OYU CAPITAL LIMITED

CHO OYU CAPITAL LIMITED - Company Information

2021-06-012022-03-312022-03-31false09022786CHO OYU CAPITAL LIMITED2023-01-28iso4217:GBPxbrli:pure090227862021-06-01090227862022-03-31090227862021-06-012022-03-31090227862020-06-01090227862021-05-31090227862020-06-012021-05-3109022786bus:SmallEntities2021-06-012022-03-3109022786bus:AuditExempt-NoAccountantsReport2021-06-012022-03-3109022786bus:FullAccounts2021-06-012022-03-3109022786bus:PrivateLimitedCompanyLtd2021-06-012022-03-3109022786core:WithinOneYear2022-03-3109022786core:AfterOneYear2022-03-3109022786core:WithinOneYear2021-05-3109022786core:AfterOneYear2021-05-3109022786core:ShareCapital2022-03-3109022786core:SharePremium2022-03-3109022786core:RevaluationReserve2022-03-3109022786core:OtherReservesSubtotal2022-03-3109022786core:RetainedEarningsAccumulatedLosses2022-03-3109022786core:ShareCapital2021-05-3109022786core:SharePremium2021-05-3109022786core:RevaluationReserve2021-05-3109022786core:OtherReservesSubtotal2021-05-3109022786core:RetainedEarningsAccumulatedLosses2021-05-3109022786core:LandBuildings2022-03-3109022786core:PlantMachinery2022-03-3109022786core:Vehicles2022-03-3109022786core:FurnitureFittings2022-03-3109022786core:OfficeEquipment2022-03-3109022786core:NetGoodwill2022-03-3109022786core:IntangibleAssetsOtherThanGoodwill2022-03-3109022786core:ListedExchangeTraded2022-03-3109022786core:UnlistedNon-exchangeTraded2022-03-3109022786core:LandBuildings2021-05-3109022786core:PlantMachinery2021-05-3109022786core:Vehicles2021-05-3109022786core:FurnitureFittings2021-05-3109022786core:OfficeEquipment2021-05-3109022786core:NetGoodwill2021-05-3109022786core:IntangibleAssetsOtherThanGoodwill2021-05-3109022786core:ListedExchangeTraded2021-05-3109022786core:UnlistedNon-exchangeTraded2021-05-3109022786core:LandBuildings2021-06-012022-03-3109022786core:PlantMachinery2021-06-012022-03-3109022786core:Vehicles2021-06-012022-03-3109022786core:FurnitureFittings2021-06-012022-03-3109022786core:OfficeEquipment2021-06-012022-03-3109022786core:NetGoodwill2021-06-012022-03-3109022786core:IntangibleAssetsOtherThanGoodwill2021-06-012022-03-3109022786core:ListedExchangeTraded2021-06-012022-03-3109022786core:UnlistedNon-exchangeTraded2021-06-012022-03-3109022786core:MoreThanFiveYears2021-06-012022-03-3109022786core:Non-currentFinancialInstruments2022-03-3109022786core:Non-currentFinancialInstruments2021-05-3109022786dpl:CostSales2021-06-012022-03-3109022786dpl:DistributionCosts2021-06-012022-03-3109022786dpl:AdministrativeExpenses2021-06-012022-03-3109022786core:LandBuildings2021-06-012022-03-3109022786core:PlantMachinery2021-06-012022-03-3109022786core:Vehicles2021-06-012022-03-3109022786core:FurnitureFittings2021-06-012022-03-3109022786core:OfficeEquipment2021-06-012022-03-3109022786core:NetGoodwill2021-06-012022-03-3109022786core:IntangibleAssetsOtherThanGoodwill2021-06-012022-03-3109022786dpl:GroupUndertakings2021-06-012022-03-3109022786dpl:ParticipatingInterests2021-06-012022-03-3109022786dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-03-3109022786core:ListedExchangeTraded2021-06-012022-03-3109022786dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-03-3109022786core:UnlistedNon-exchangeTraded2021-06-012022-03-3109022786dpl:CostSales2020-06-012021-05-3109022786dpl:DistributionCosts2020-06-012021-05-3109022786dpl:AdministrativeExpenses2020-06-012021-05-3109022786core:LandBuildings2020-06-012021-05-3109022786core:PlantMachinery2020-06-012021-05-3109022786core:Vehicles2020-06-012021-05-3109022786core:FurnitureFittings2020-06-012021-05-3109022786core:OfficeEquipment2020-06-012021-05-3109022786core:NetGoodwill2020-06-012021-05-3109022786core:IntangibleAssetsOtherThanGoodwill2020-06-012021-05-3109022786dpl:GroupUndertakings2020-06-012021-05-3109022786dpl:ParticipatingInterests2020-06-012021-05-3109022786dpl:GroupUndertakingscore:ListedExchangeTraded2020-06-012021-05-3109022786core:ListedExchangeTraded2020-06-012021-05-3109022786dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-06-012021-05-3109022786core:UnlistedNon-exchangeTraded2020-06-012021-05-3109022786core:NetGoodwill2022-03-3109022786core:IntangibleAssetsOtherThanGoodwill2022-03-3109022786core:LandBuildings2022-03-3109022786core:PlantMachinery2022-03-3109022786core:Vehicles2022-03-3109022786core:FurnitureFittings2022-03-3109022786core:OfficeEquipment2022-03-3109022786core:AfterOneYear2022-03-3109022786core:WithinOneYear2022-03-3109022786core:ListedExchangeTraded2022-03-3109022786core:UnlistedNon-exchangeTraded2022-03-3109022786core:ShareCapital2022-03-3109022786core:SharePremium2022-03-3109022786core:RevaluationReserve2022-03-3109022786core:OtherReservesSubtotal2022-03-3109022786core:RetainedEarningsAccumulatedLosses2022-03-3109022786core:NetGoodwill2021-05-3109022786core:IntangibleAssetsOtherThanGoodwill2021-05-3109022786core:LandBuildings2021-05-3109022786core:PlantMachinery2021-05-3109022786core:Vehicles2021-05-3109022786core:FurnitureFittings2021-05-3109022786core:OfficeEquipment2021-05-3109022786core:AfterOneYear2021-05-3109022786core:WithinOneYear2021-05-3109022786core:ListedExch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Registered Number
09022786
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2022

CHO OYU CAPITAL LIMITED

Company Information
for the period from 1 June 2021 to 31 March 2022


Directors	THAPA, Binayak Jung


Registered Address	44-46 Kenway Road
	London
	SW5 0RA


Registered Number	09022786 (England and Wales)

CHO OYU CAPITAL LIMITED

Balance Sheet as at
31 March 2022

	Notes	31 Mar 2022		31 May 2021
		£	£	£	£
Fixed assets
Tangible assets	7		506		878
Investments	8		20,000		20,000
			20,506		20,878
Current assets
Debtors		10,096		-
Cash at bank and on hand		800		11,311
		10,896		11,311
Creditors amounts falling due within one year	9	(12,029)		(11,133)
Net current assets (liabilities)			(1,133)		178
Total assets less current liabilities			19,373		21,056
Creditors amounts falling due after one year	10		(19,325)		(21,341)
Net assets			48		(285)
Capital and reserves
Called up share capital			1		1
Profit and loss account			47		(286)
Shareholders' funds			48		(285)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Director on 28 January 2023, and are signed on its behalf by:

THAPA, Binayak Jung
Director
Registered Company No. 09022786

CHO OYU CAPITAL LIMITED

Notes to the Financial Statements
for the period ended 31 March 2022

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	The principal activity of the company in the year under review was that of management consultancy.

4.	Basis of measurement used in financial statements
	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).

5.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Revenue recognition policy
	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.

Revenue recognition policy

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.

	Foreign currency translation and operations policy
	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.

Foreign currency translation and operations policy

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.

	Investments policy
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. 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.

Investments policy

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. 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.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

6.	Employee information


		2022		2021
	Average number of employees during the year	1		1

7.	Property, plant and equipment

	Office Equipment	Total
	£	£
Cost or valuation
At 01 June 21	3,375	3,375
At 31 March 22	3,375	3,375
Depreciation and impairment
At 01 June 21	2,497	2,497
Charge for year	372	372
At 31 March 22	2,869	2,869
Net book value
At 31 March 22	506	506
At 31 May 21	878	878

8.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 June 21	20,000	20,000
At 31 March 22	20,000	20,000
Net book value
At 31 March 22	20,000	20,000
At 31 May 21	20,000	20,000

	Notes
	¹Other investments other than loans

9.	Creditors within one year

	2022	2021
	£	£
Trade creditors / trade payables	2,439	1,434
Bank borrowings and overdrafts	2,413	2,159
Taxation and social security	7,177	6,912
Other creditors	-	628
Total	12,029	11,133


	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.

10.	Creditors after one year

	2022	2021
	£	£
Bank borrowings and overdrafts	19,325	21,341
Total	19,325	21,341