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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
Page
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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
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Balaji Foods Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
317,271 
309,155 
Current assets
Inventories
13,866 
11,799 
Debtors
24,503 
5,173 
Cash at bank and in hand
731,310 
600,505 
769,679 
617,477 
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 
Capital and reserves
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
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Balaji Foods Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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.
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 
Depreciation
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 
Net book value
At 31 July 2024
281,214 
6,819 
29,238 
317,271 
At 31 July 2023
281,214 
10,228 
17,713 
309,155 
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Balaji Foods Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
12,249 
2,919 
Trade debtors
254 
254 
Other debtors
12,000 
2,000 
24,503 
5,173 
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 
Accruals
13,628 
12,743 
702,686 
548,022 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
90,375 
121,436 
Obligations under finance leases and hire purchase contracts
4,147 
- 
Other creditors
374 
133 
94,896 
121,569 
8
Loans to directors
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.
9
Controlling party
The Controlling Party is Mr Tilokram Kachhawa
10
Average number of employees
During the year the average number of employees was 6 (2023: 4).
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