Company Registration No. 13163799 (England and Wales)
Charaid Ltd
Unaudited accounts
for the year ended 31 January 2025
Charaid Ltd
Unaudited accounts
Contents
Charaid Ltd
Company Information
for the year ended 31 January 2025
Directors
Michael James
Nikita James
Company Number
13163799 (England and Wales)
Registered Office
15 Welburn Close
Orrell
Wigan
Lancashire
WN5 8RF
England
Accountants
Finer Accountancy Ltd
36 Brook Lane
Galleywood
Chelmsford
Essex
CM2 8NL
Charaid Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
46,345
5,531
Cash at bank and in hand
23,456
37,238
Creditors: amounts falling due within one year
(88,593)
(27,067)
Net current (liabilities)/assets
(65,137)
12,221
Called up share capital
100
100
Profit and loss account
22,802
17,652
Shareholders' funds
22,902
17,752
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by
Michael James
Director
Company Registration No. 13163799
Charaid Ltd
Notes to the Accounts
for the year ended 31 January 2025
Charaid Ltd is a private company, limited by shares, registered in England and Wales, registration number 13163799. The registered office is 15 Welburn Close, Orrell, Wigan, Lancashire, WN5 8RF, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
18% Reducing
Computer equipment
18% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
6,745
-
6,745
Additions
48,590
2,396
50,986
At 31 January 2025
55,335
2,396
57,731
At 1 February 2024
1,214
-
1,214
Charge for the year
9,741
431
10,172
At 31 January 2025
10,955
431
11,386
At 31 January 2025
44,380
1,965
46,345
At 31 January 2024
5,531
-
5,531
Charaid Ltd
Notes to the Accounts
for the year ended 31 January 2025
5
Investments
Other investments
Valuation at 1 February 2024
-
Valuation at 31 January 2025
41,694
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,235
1,898
Obligations under finance leases and hire purchase contracts
47,329
-
Taxes and social security
29,270
19,353
Loans from directors
613
888
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).