IRIS Accounts Production v24.3.2.46 08131953 Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081319532023-07-31081319532024-07-31081319532023-08-012024-07-31081319532022-07-31081319532022-08-012023-07-31081319532023-07-3108131953ns15:EnglandWales2023-08-012024-07-3108131953ns14:PoundSterling2023-08-012024-07-3108131953ns10:Director12023-08-012024-07-3108131953ns10:Director22023-08-012024-07-3108131953ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3108131953ns10:SmallEntities2023-08-012024-07-3108131953ns10:AuditExemptWithAccountantsReport2023-08-012024-07-3108131953ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3108131953ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3108131953ns10:FullAccounts2023-08-012024-07-310813195312023-08-012024-07-3108131953ns10:RegisteredOffice2023-08-012024-07-3108131953ns5:CurrentFinancialInstruments2024-07-3108131953ns5:CurrentFinancialInstruments2023-07-3108131953ns5:Non-currentFinancialInstruments2024-07-3108131953ns5:Non-currentFinancialInstruments2023-07-3108131953ns5:ShareCapital2024-07-3108131953ns5:ShareCapital2023-07-3108131953ns5:RetainedEarningsAccumulatedLosses2024-07-3108131953ns5:RetainedEarningsAccumulatedLosses2023-07-3108131953ns5:NetGoodwill2023-08-012024-07-3108131953ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3108131953ns5:PatentsTrademarksLicencesConcessionsSimilar2023-08-012024-07-3108131953ns5:PlantMachinery2023-08-012024-07-3108131953ns5:FurnitureFittings2023-08-012024-07-3108131953ns5:MotorVehicles2023-08-012024-07-3108131953ns5:ComputerEquipment2023-08-012024-07-3108131953ns5:NetGoodwill2023-07-3108131953ns5:IntangibleAssetsOtherThanGoodwill2023-07-3108131953ns5:NetGoodwill2024-07-3108131953ns5:IntangibleAssetsOtherThanGoodwill2024-07-3108131953ns5:NetGoodwill2023-07-3108131953ns5:IntangibleAssetsOtherThanGoodwill2023-07-3108131953ns5:PlantMachinery2023-07-3108131953ns5:FurnitureFittings2023-07-3108131953ns5:MotorVehicles2023-07-3108131953ns5:ComputerEquipment2023-07-3108131953ns5:PlantMachinery2024-07-3108131953ns5:FurnitureFittings2024-07-3108131953ns5:MotorVehicles2024-07-3108131953ns5:ComputerEquipment2024-07-3108131953ns5:PlantMachinery2023-07-3108131953ns5:FurnitureFittings2023-07-3108131953ns5:MotorVehicles2023-07-3108131953ns5:ComputerEquipment2023-07-3108131953ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3108131953ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3108131953ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-07-3108131953ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-07-31
REGISTERED NUMBER: 08131953 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Chandra Foods Ltd

Chandra Foods Ltd (Registered number: 08131953)






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




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Chandra Foods Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: H C Chandegra
C M Chandegra





REGISTERED OFFICE: Unit 3, Lower Place Business Centre
Steele Road
London
NW10 7AT





REGISTERED NUMBER: 08131953 (England and Wales)





ACCOUNTANTS: Kumar Business Consultants Ltd
Chartered Certified Accountants
255 - 261 Horn Lane
London
W3 9EH

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Chandra Foods Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chandra Foods Ltd for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Chandra Foods Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chandra Foods Ltd and state those matters that we have agreed to state to the Board of Directors of Chandra Foods Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Chandra Foods Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Chandra Foods Ltd. You consider that Chandra Foods Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Chandra Foods Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Kumar Business Consultants Ltd
Chartered Certified Accountants
255 - 261 Horn Lane
London
W3 9EH


Date: .............................................

Chandra Foods Ltd (Registered number: 08131953)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 214,919 201,160
Property, plant and equipment 5 168,490 142,627
383,409 343,787

CURRENT ASSETS
Inventories 6 167,559 188,521
Debtors 7 182,479 205,419
Cash at bank and in hand 347,954 203,931
697,992 597,871
CREDITORS
Amounts falling due within one year 8 436,106 481,367
NET CURRENT ASSETS 261,886 116,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

645,295

460,291

CREDITORS
Amounts falling due after more than one
year

9

27,802

-
NET ASSETS 617,493 460,291

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 617,393 460,191
SHAREHOLDERS' FUNDS 617,493 460,291

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Chandra Foods Ltd (Registered number: 08131953)

Balance Sheet - continued
31 July 2024


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 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:




C M Chandegra - Director



H C Chandegra - Director


Chandra Foods Ltd (Registered number: 08131953)

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

1. STATUTORY INFORMATION

Chandra Foods 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents sales of goods net of VAT and trade discounts and sales commissions. Turnover is recognised when the goods are physically delivered to the customers.

Goodwill
Goodwill is being amortised over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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 - 10% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 10% on reducing balance
Computer equipment - 20% on cost

Stocks
Stock is valued at the lower of cost and not realisable value. Cost is determined on first in/fist out basis. Net realisable value represents estimated sellling price less costs to complete and sell. Provisions are made for slow moving obsolete and damaged stock where the net realisable value is less than the cost.

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 25 (2023 - 23 ) .

Chandra Foods Ltd (Registered number: 08131953)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST OR VALUATION
At 1 August 2023 200,000 201,160 401,160
Revaluations - 13,759 13,759
At 31 July 2024 200,000 214,919 414,919
AMORTISATION
At 1 August 2023
and 31 July 2024 200,000 - 200,000
NET BOOK VALUE
At 31 July 2024 - 214,919 214,919
At 31 July 2023 - 201,160 201,160

Cost or valuation at 31 July 2024 is represented by:

Other
intangible
Goodwill assets Totals
£    £    £   
Valuation in 2024 - 13,759 13,759
Cost 200,000 201,160 401,160
200,000 214,919 414,919

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 80,843 68,461 46,595 28,452 224,351
Additions - - - 48,091 48,091
At 31 July 2024 80,843 68,461 46,595 76,543 272,442
DEPRECIATION
At 1 August 2023 36,143 19,761 10,654 15,166 81,724
Charge for year 3,760 9,740 3,594 5,134 22,228
At 31 July 2024 39,903 29,501 14,248 20,300 103,952
NET BOOK VALUE
At 31 July 2024 40,940 38,960 32,347 56,243 168,490
At 31 July 2023 44,700 48,700 35,941 13,286 142,627

Chandra Foods Ltd (Registered number: 08131953)

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

6. INVENTORIES
2024 2023
£    £   
Stocks 167,559 188,521

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 100,608 141,183
Other debtors 25,172 31,672
VAT 48,537 30,749
Prepayments 8,162 1,815
182,479 205,419

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 69,200 120,430
Tax 17,265 (9,265 )
Social security and other taxes 11,183 7,817
Other creditors 32,522 14,265
Other loan 76,232 195,983
Net wages 43,178 28,546
Pension fund 1,871 1,595
Directors' current accounts 184,655 121,996
436,106 481,367

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 27,802 -