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REGISTERED NUMBER: 10288043 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Chilli Cheeze Hire Ltd

Chilli Cheeze Hire Ltd (Registered number: 10288043)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Chilli Cheeze Hire Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: E Shaw
M Shaw





REGISTERED OFFICE: Aubrey Newman House
Unit E Crosspoint Distribution Park
Swallowfield Way
Hayes
Middlesex
UB3 1DQ





REGISTERED NUMBER: 10288043 (England and Wales)





ACCOUNTANTS: Brackman Chopra LLP
Chartered Accountants
8 Hampstead Gate
1 A Frognal
Hampstead
London
NW3 6AL

Chilli Cheeze Hire Ltd (Registered number: 10288043)

Abridged Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,999 62,928

CURRENT ASSETS
Debtors 552 7,500
Cash at bank 1,796 12,306
2,348 19,806
CREDITORS
Amounts falling due within one year 9,240 54,636
NET CURRENT LIABILITIES (6,892 ) (34,830 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,107

28,098

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 51,105 28,096
51,107 28,098

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Cheeze Hire Ltd (Registered number: 10288043)

Abridged Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:




E Shaw - Director



M Shaw - Director


Chilli Cheeze Hire Ltd (Registered number: 10288043)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Chilli Cheeze Hire 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 etc - 25% on reducing balance and 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial assets
Financial assets, including trade and other receivables, cash & bank balances, investments and loans from connected and fellow group company's are initially recognised at transaction price and subsequently measured at amortised cost.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand and deposits held at call with banks.

Financial liabilities
Basic financial liabilities, including trade and other payables, bank loans, loans from connected and fellow group companies are initially measured at transaction price and subsequently measured at amortised cost.

Derecognition of financial assets and liabilities
A financial asset is derecognised only when the contractual rights to cash flows expire or are settled, or substantially all the risks and rewards of ownership are transferred to another party. A financial liability (or part thereof) is derecognised when the obligation specified in the contract is discharged, cancelled or expires.

Chilli Cheeze Hire Ltd (Registered number: 10288043)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 130,200
Additions 1,524
At 31 March 2024 131,724
DEPRECIATION
At 1 April 2023 67,272
Charge for year 6,453
At 31 March 2024 73,725
NET BOOK VALUE
At 31 March 2024 57,999
At 31 March 2023 62,928

5. RELATED PARTY DISCLOSURES

E SHAW
Director

As at 31 March 2024 the company owed E Shaw £NIL (2023: £47,342) in relation to an interest free loan
repayable on demand.

NEWMAN HIRE CO. LTD
Associated Entity

As at 31 March 2024 the company owed £4,090 (2023: £NIL) to it's connected company Newman Hire Co.Ltd. This balance is interest free and repayable on demand.

ASSOCIATED ENTITIES

During the year Chilli Cheeze Hire Ltd entered into transactions under normal commercial terms with Chilli Cheeze Holdings Ltd and Newman Hire Co. Ltd.