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REGISTERED NUMBER: 04452083 (England and Wales)















Financial Statements for the Year Ended 30 June 2023

for

Chandis Limited

Chandis Limited (Registered number: 04452083)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Chandis Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mr Ranjeet Singh Chandi





REGISTERED OFFICE: 143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU





REGISTERED NUMBER: 04452083 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

Chandis Limited (Registered number: 04452083)

Statement of Financial Position
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 115,284 115,284
Property, plant and equipment 5 17,123 21,403
132,407 136,687

CURRENT ASSETS
Inventories 6 100,000 94,425
Debtors 7 2,940 9,154
Cash at bank and in hand 31,155 37,054
134,095 140,633
CREDITORS
Amounts falling due within one year 8 162,935 171,716
NET CURRENT LIABILITIES (28,840 ) (31,083 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,567

105,604

CREDITORS
Amounts falling due after more than
one year

9

35,969

45,854
NET ASSETS 67,598 59,750

CAPITAL AND RESERVES
Called up share capital 10 4 4
Retained earnings 11 67,594 59,746
SHAREHOLDERS' FUNDS 67,598 59,750

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Chandis Limited (Registered number: 04452083)

Statement of Financial Position - continued
30 June 2023


The 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.

The financial statements were approved by the director and authorised for issue on 28 September 2023 and were signed by:





Mr Ranjeet Singh Chandi - Director


Chandis Limited (Registered number: 04452083)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 115,284
NET BOOK VALUE
At 30 June 2023 115,284
At 30 June 2022 115,284

Chandis Limited (Registered number: 04452083)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 July 2022
and 30 June 2023 148,650
DEPRECIATION
At 1 July 2022 127,247
Charge for year 4,280
At 30 June 2023 131,527
NET BOOK VALUE
At 30 June 2023 17,123
At 30 June 2022 21,403

6. INVENTORIES
30.6.23 30.6.22
£    £   
Stocks 100,000 94,425

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 1,200 7,611
Prepayments 1,740 1,543
2,940 9,154

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade Creditors 3,568 3,621
Corporation Tax 962 -
Social security and other taxes 366 (95 )
Pension 128 104
Value Added Tax 1,535 1,389
Other Creditors 1,468 -
Director's Current Account 154,908 166,697
162,935 171,716

Chandis Limited (Registered number: 04452083)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans - 2-5 years 35,969 45,854

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
4 Ordinary £1 4 4

11. RESERVES
Retained
earnings
£   

At 1 July 2022 59,746
Profit for the year 7,848
At 30 June 2023 67,594

Chandis Limited

Report of the Accountants to the Director of
Chandis Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................