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REGISTERED NUMBER: 06956164 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

CHIRAG AHIR LIMITED

CHIRAG AHIR LIMITED (REGISTERED NUMBER: 06956164)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CHIRAG AHIR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: C Ahir
Mrs K Chirag Ahir





REGISTERED OFFICE: The Spinney
12 Scothern Lane
Sudbrooke
LN2 2QT





REGISTERED NUMBER: 06956164 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Lincoln) Ltd
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN

CHIRAG AHIR LIMITED (REGISTERED NUMBER: 06956164)

ABRIDGED BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,794 7,242

CURRENT ASSETS
Stocks 55,000 55,000
Debtors 167,429 62,683
Cash at bank - 116,573
222,429 234,256
CREDITORS
Amounts falling due within one year 185,815 196,347
NET CURRENT ASSETS 36,614 37,909
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,408

45,151

CREDITORS
Amounts falling due after more than one
year

(24,955

)

(34,833

)

PROVISIONS FOR LIABILITIES (1,101 ) -
NET ASSETS 16,352 10,318

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,252 10,218
SHAREHOLDERS' FUNDS 16,352 10,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CHIRAG AHIR LIMITED (REGISTERED NUMBER: 06956164)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





C Ahir - Director


CHIRAG AHIR LIMITED (REGISTERED NUMBER: 06956164)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Chirag Ahir Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022
and 31 January 2023 34,682
DEPRECIATION
At 1 February 2022 27,440
Charge for year 1,448
At 31 January 2023 28,888
NET BOOK VALUE
At 31 January 2023 5,794
At 31 January 2022 7,242