CHAI TEL LTD

Company Registration Number:
12163668 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

CHAI TEL LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CHAI TEL LTD

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 19,533,904 13,606,788
Cost of sales: ( 17,891,830 ) ( 12,454,754 )
Gross profit(or loss): 1,642,074 1,152,034
Distribution costs: ( 101,064 ) ( 64,815 )
Administrative expenses: ( 678,981 ) ( 460,332 )
Operating profit(or loss): 862,029 626,887
Profit(or loss) before tax: 862,029 626,887
Profit(or loss) for the financial year: 862,029 626,887

CHAI TEL LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Called up share capital not paid: 2,500 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,633,246 408,923
Investments: 4 25,443 0
Total fixed assets: 3,658,689 408,923
Current assets
Stocks:   0 0
Debtors: 5 634,525 509,026
Cash at bank and in hand: 352,835 227,001
Investments:   0 0
Total current assets: 987,360 736,027
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 6 ( 510,378 ) ( 596,271 )
Net current assets (liabilities): 476,982 139,756
Total assets less current liabilities: 4,138,171 548,679
Creditors: amounts falling due after more than one year: 7 ( 110,521 ) 0
Provision for liabilities: ( 3,764 ) 0
Accruals and deferred income: ( 16,788 ) 0
Total net assets (liabilities): 4,007,098 548,679
Capital and reserves
Called up share capital: 3,145,069 600
Profit and loss account: 862,029 548,079
Total Shareholders' funds: 4,007,098 548,679

The notes form part of these financial statements

CHAI TEL LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 August 2024
and signed on behalf of the board by:

Name: Javed Aslam
Status: Director

The notes form part of these financial statements

CHAI TEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    A Sales Turnover Policy covers a company's sales turnover unlike the other marine open policies which cover the value of goods offered for insurance.

    Tangible fixed assets depreciation policy

    Assets should be Depreciated at 20% Reducing Balance Method.

    Other accounting policies

    These financial statements have been prepared in accordance with the provisions of Section l A (Small Entities) of Financial Reporting Standards 102

CHAI TEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 7

CHAI TEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 134,567 171,780 39,468 6,265 56,843 408,923
Additions 3,178,645 45,678 3,224,323
Disposals
Revaluations
Transfers
At 31 August 2023 3,313,212 217,458 39,468 6,265 56,843 3,633,246
Depreciation
At 1 September 2022
Charge for year
On disposals
Other adjustments
At 31 August 2023
Net book value
At 31 August 2023 3,313,212 217,458 39,468 6,265 56,843 3,633,246
At 31 August 2022 134,567 171,780 39,468 6,265 56,843 408,923

CHAI TEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Fixed assets investments note

Computers, Scanners, Printers, Mobiles, Furniture, Fans, Heater, Air Conditioner, Car, Soft Switches.

CHAI TEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 634,525 509,026
Total 634,525 509,026

CHAI TEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 510,378 596,271
Total 510,378 596,271

CHAI TEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 110,521 0
Total 110,521 0