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REGISTERED NUMBER: 10003202 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Chilli Mash Company Ltd

Chilli Mash Company Ltd (Registered number: 10003202)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chilli Mash Company Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: S Woodward
N J Boarer





SECRETARY: Miss S Kayirangwa





REGISTERED OFFICE: Unit 4
Hilsea Industrial Estate
Limberline Road
Portsmouth
Hampshire
PO3 5JW





REGISTERED NUMBER: 10003202 (England and Wales)





ACCOUNTANTS: Curtis-Williams
Unit 5 Links House
Dundas Lane
Portsmouth
Hampshire
PO3 5BL

Chilli Mash Company Ltd (Registered number: 10003202)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,216 50,568

CURRENT ASSETS
Stocks 130,500 72,000
Debtors 5 29,237 52,552
Cash at bank and in hand 13,658 5,150
173,395 129,702
CREDITORS
Amounts falling due within one year 6 248,184 193,206
NET CURRENT LIABILITIES (74,789 ) (63,504 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,573

)

(12,936

)

CREDITORS
Amounts falling due after more than one
year

7

57,492

-
NET LIABILITIES (83,065 ) (12,936 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (83,165 ) (13,036 )
SHAREHOLDERS' FUNDS (83,065 ) (12,936 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Chilli Mash Company Ltd (Registered number: 10003202)

Balance Sheet - continued
28 February 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 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 29 November 2023 and were signed on its behalf by:





N J Boarer - Director


Chilli Mash Company Ltd (Registered number: 10003202)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Chilli Mash Company Ltd 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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 12 (2022 - 12 ) .

Chilli Mash Company Ltd (Registered number: 10003202)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 72,154
Additions 9,744
At 28 February 2023 81,898
DEPRECIATION
At 1 March 2022 21,586
Charge for year 11,096
At 28 February 2023 32,682
NET BOOK VALUE
At 28 February 2023 49,216
At 28 February 2022 50,568

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 20,298 41,333
Other debtors 8,939 11,219
29,237 52,552

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 26,453 2,868
Trade creditors 110,998 88,098
Taxation and social security 28,587 21,063
Other creditors 82,146 81,177
248,184 193,206

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 57,492 -