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REGISTERED NUMBER: SC461710 (Scotland)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

CHK (GLASGOW) LTD

CHK (GLASGOW) LTD (REGISTERED NUMBER: SC461710)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHK (GLASGOW) LTD

Company Information
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mrs C McLean





REGISTERED OFFICE: 6th Floor, Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC461710 (Scotland)





ACCOUNTANTS: BK Plus Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

CHK (GLASGOW) LTD (REGISTERED NUMBER: SC461710)

Balance Sheet
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,557 51,666

CURRENT ASSETS
Stocks 3,144,637 2,305,881
Debtors 5 21,761 46,190
Cash at bank 52,172 278,292
3,218,570 2,630,363
CREDITORS
Amounts falling due within one year 6 3,235,762 2,634,726
NET CURRENT LIABILITIES (17,192 ) (4,363 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,365

47,303

CREDITORS
Amounts falling due after more than one
year

7

11,577

21,577
NET ASSETS 12,788 25,726

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 12,786 25,724
SHAREHOLDERS' FUNDS 12,788 25,726

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CHK (GLASGOW) LTD (REGISTERED NUMBER: SC461710)

Balance Sheet - continued
30 APRIL 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 director and authorised for issue on 22 January 2025 and were signed by:





Mrs C McLean - Director


CHK (GLASGOW) LTD (REGISTERED NUMBER: SC461710)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

CHK (Glasgow) Ltd is a private company, limited by shares , registered in Scotland. 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.

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 - 25% on a reducing balance basis
Motor vehicles - 25% on a reducing balance basis
Computer equipment - 33% on a straight line basis

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

CHK (GLASGOW) LTD (REGISTERED NUMBER: SC461710)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 55,488 18,805 2,632 76,925
Additions 3,362 - - 3,362
At 30 April 2024 58,850 18,805 2,632 80,287
DEPRECIATION
At 1 May 2023 9,077 14,342 1,840 25,259
Charge for year 12,093 1,116 262 13,471
At 30 April 2024 21,170 15,458 2,102 38,730
NET BOOK VALUE
At 30 April 2024 37,680 3,347 530 41,557
At 30 April 2023 46,411 4,463 792 51,666

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 21,761 46,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 32,767 16,059
Taxation and social security 866 786
Other creditors 3,192,129 2,607,881
3,235,762 2,634,726

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 11,577 21,577