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Company Registration No. 13163799 (England and Wales)
Charaid Ltd Unaudited accounts for the year ended 31 January 2025
Charaid Ltd Unaudited accounts Contents
Page
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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
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Charaid Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,345 
5,531 
Investments
41,694 
- 
88,039 
5,531 
Current assets
Debtors
- 
2,050 
Cash at bank and in hand
23,456 
37,238 
23,456 
39,288 
Creditors: amounts falling due within one year
(88,593)
(27,067)
Net current (liabilities)/assets
(65,137)
12,221 
Net assets
22,902 
17,752 
Capital and reserves
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
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Charaid Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 January 2025
44,380 
1,965 
46,345 
At 31 January 2024
5,531 
- 
5,531 
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Charaid Ltd Notes to the Accounts for the year ended 31 January 2025
5
Investments
Other investments 
£ 
Valuation at 1 February 2024
- 
Additions
41,694 
Valuation at 31 January 2025
41,694 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,050 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
1,235 
1,898 
VAT
10,146 
4,928 
Obligations under finance leases and hire purchase contracts
47,329 
- 
Taxes and social security
29,270 
19,353 
Loans from directors
613 
888 
88,593 
27,067 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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