1 June 2022 false No description of principal activity Taxfiler 2023.10 13409789business:PrivateLimitedCompanyLtd2022-06-012023-05-31 134097892022-05-31 134097892022-06-012023-05-31 13409789business:AuditExemptWithAccountantsReport2022-06-012023-05-31 13409789business:FilletedAccounts2022-06-012023-05-31 134097892023-05-31 13409789business:Director12022-06-012023-05-31 13409789business:RegisteredOffice2022-06-012023-05-31 134097892022-05-31 13409789core:WithinOneYear2023-05-31 13409789core:WithinOneYear2022-05-31 13409789core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 13409789core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 13409789core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 13409789core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 13409789core:PreviouslyStatedAmount2023-05-31 13409789core:PreviouslyStatedAmount2022-05-31 13409789business:SmallEntities2022-06-012023-05-31 13409789countries:EnglandWales2022-06-012023-05-31 13409789core:MotorVehicles2022-06-012023-05-31 13409789core:FurnitureFittings2022-06-012023-05-31 13409789core:ComputerEquipment2022-06-012023-05-31 13409789core:MotorVehicles2022-05-31 13409789core:FurnitureFittings2022-05-31 13409789core:ComputerEquipment2022-05-31 13409789core:MotorVehicles2023-05-31 13409789core:FurnitureFittings2023-05-31 13409789core:ComputerEquipment2023-05-31 13409789core:AfterOneYear2023-05-31 13409789core:AfterOneYear2022-05-31 134097892022-05-202022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 13409789 (England and Wales)
CHAHAL PRIVATE LTD Unaudited accounts for the year ended 31 May 2023
CHAHAL PRIVATE LTD Unaudited accounts Contents
Page
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CHAHAL PRIVATE LTD Company Information for the year ended 31 May 2023
Director
Mr.Daljit SINGH
Company Number
13409789 (England and Wales)
Registered Office
204 HIGHLAND DRIVE LOUGHBOROUGH LE11 2QH ENGLAND
Accountants
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE
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CHAHAL PRIVATE LTD Accountants' report
Accountants' report to the director of CHAHAL PRIVATE LTD on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CHAHAL PRIVATE LTD for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of CHAHAL PRIVATE LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of CHAHAL PRIVATE LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CHAHAL PRIVATE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CHAHAL PRIVATE LTD 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 CHAHAL PRIVATE LTD. You consider that CHAHAL PRIVATE LTD 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 CHAHAL PRIVATE LTD. 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.
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE 16 November 2023
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CHAHAL PRIVATE LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,780 
4,879 
Current assets
Debtors
995 
- 
Cash at bank and in hand
1,736 
1,309 
2,731 
1,309 
Creditors: amounts falling due within one year
(1,436)
(4,234)
Net current assets/(liabilities)
1,295 
(2,925)
Net assets
8,075 
1,954 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,975 
1,854 
Shareholders' funds
8,075 
1,954 
For the year ending 31 May 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 November 2023 and were signed on its behalf by
Mr.Daljit SINGH Director Company Registration No. 13409789
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CHAHAL PRIVATE LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
CHAHAL PRIVATE LTD is a private company, limited by shares, registered in England and Wales, registration number 13409789. The registered office is 204 HIGHLAND DRIVE, LOUGHBOROUGH, LE11 2QH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18%
Fixtures & fittings
18%
Computer equipment
18%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
4,500 
1,450 
- 
5,950 
Additions
- 
- 
3,389 
3,389 
At 31 May 2023
4,500 
1,450 
3,389 
9,339 
Depreciation
At 1 June 2022
810 
261 
- 
1,071 
Charge for the year
664 
214 
610 
1,488 
At 31 May 2023
1,474 
475 
610 
2,559 
Net book value
At 31 May 2023
3,026 
975 
2,779 
6,780 
At 31 May 2022
3,690 
1,189 
- 
4,879 
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CHAHAL PRIVATE LTD Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
995 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,436 
876 
Loans from directors
- 
3,358 
1,436 
4,234 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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