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REGISTERED NUMBER: 01824692 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Charmend Limited

Charmend Limited (Registered number: 01824692)

Contents of the Financial Statements
for the year ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Charmend Limited

Company Information
for the year ended 31st March 2024







DIRECTOR: J S Wasu





SECRETARY: Mrs J K Wasu





REGISTERED OFFICE: 92a High Street
Orpington
Kent
BR6 0JY





REGISTERED NUMBER: 01824692 (England and Wales)





ACCOUNTANTS: Simon & Co Accountancy Ltd
92a High Street
Orpington
Kent
BR6 0JY

Charmend Limited (Registered number: 01824692)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,588,923 1,610,228

CURRENT ASSETS
Debtors 5 522,029 316,953
Cash at bank 169,979 401,943
692,008 718,896
CREDITORS
Amounts falling due within one year 6 345,418 919,906
NET CURRENT ASSETS/(LIABILITIES) 346,590 (201,010 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,935,513

1,409,218

CREDITORS
Amounts falling due after more than one
year

7

246,302

71,386
NET ASSETS 1,689,211 1,337,832

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 1,639,211 1,287,832
SHAREHOLDERS' FUNDS 1,689,211 1,337,832

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Charmend Limited (Registered number: 01824692)

Balance Sheet - continued
31st March 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 27th January 2025 and were signed by:





J S Wasu - Director


Charmend Limited (Registered number: 01824692)

Notes to the Financial Statements
for the year ended 31st March 2024


1. STATUTORY INFORMATION

Charmend Limited 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.
Land and buildings - 1% on cost
Plant and machinery etc - 25% on cost and 15% on cost

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 61 (2023 - 57 ) .

Charmend Limited (Registered number: 01824692)

Notes to the Financial Statements - continued
for the year ended 31st March 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2023 2,032,470 289,788 2,322,258
Additions - 3,300 3,300
At 31st March 2024 2,032,470 293,088 2,325,558
DEPRECIATION
At 1st April 2023 429,788 282,242 712,030
Charge for year 20,325 4,280 24,605
At 31st March 2024 450,113 286,522 736,635
NET BOOK VALUE
At 31st March 2024 1,582,357 6,566 1,588,923
At 31st March 2023 1,602,682 7,546 1,610,228

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 251,595 218,061
Other debtors 29,283 12,543
280,878 230,604

Amounts falling due after more than one year:
Other debtors 241,151 86,349

Aggregate amounts 522,029 316,953

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 34,632 -
Trade creditors 122,319 100,534
Taxation and social security 125,523 176,771
Other creditors 62,944 642,601
345,418 919,906

Charmend Limited (Registered number: 01824692)

Notes to the Financial Statements - continued
for the year ended 31st March 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 70,009
Other creditors 246,302 1,377
246,302 71,386

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 246,302 1,377

Repayable by instalments
Bank loans - 70,009