Company Registration No. 07322189 (England and Wales)
Balaji Foods Limited
Unaudited accounts
for the year ended 31 July 2024
Balaji Foods Limited
Unaudited accounts
Contents
Balaji Foods Limited
Company Information
for the year ended 31 July 2024
Director
Mr Tilokram Kachhawa
Company Number
07322189 (England and Wales)
Registered Office
Unit 7 1-3 Uxbridge Road
Hayes
UB4 0JN
GB
Accountants
Majish
48a Bowrons Avenue
Wembley
Middlesex
HA0 4QP
Balaji Foods Limited
Statement of financial position
as at 31 July 2024
Tangible assets
317,271
309,155
Cash at bank and in hand
731,310
600,505
Creditors: amounts falling due within one year
(702,686)
(548,022)
Net current assets
66,993
69,455
Total assets less current liabilities
384,264
378,610
Creditors: amounts falling due after more than one year
(94,896)
(121,569)
Net assets
289,368
257,041
Called up share capital
100
100
Profit and loss account
289,268
256,941
Shareholders' funds
289,368
257,041
For the year ending 31 July 2024 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 17 September 2024 and were signed on its behalf by
Mr Tilokram Kachhawa
Director
Company Registration No. 07322189
Balaji Foods Limited
Notes to the Accounts
for the year ended 31 July 2024
Balaji Foods Limited is a private company, limited by shares, registered in England and Wales, registration number 07322189. The registered office is Unit 7 1-3 Uxbridge Road, Hayes, UB4 0JN, GB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
20% on cost
Fixtures & fittings
10% on cost
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
281,214
17,046
34,342
332,602
Additions
-
-
16,621
16,621
At 31 July 2024
281,214
17,046
50,963
349,223
At 1 August 2023
-
6,818
16,629
23,447
Charge for the year
-
3,409
5,096
8,505
At 31 July 2024
-
10,227
21,725
31,952
At 31 July 2024
281,214
6,819
29,238
317,271
At 31 July 2023
281,214
10,228
17,713
309,155
Balaji Foods Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Other debtors
12,000
2,000
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,270
-
Trade creditors
69,283
35,776
Taxes and social security
21,092
29,283
Other creditors
6,470
3,131
Loans from directors
588,943
467,089
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,147
-
Amounts due from directors at the balance sheet date is £588,943 (2023: £467,089). The balance arose as a series of small
loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed.
The Controlling Party is Mr Tilokram Kachhawa
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Average number of employees
During the year the average number of employees was 6 (2023: 4).