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REGISTERED NUMBER: 06918387 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 JUNE 2024 TO 30 NOVEMBER 2024

FOR

CHANDNI CHOWK (BHAM) LIMITED

CHANDNI CHOWK (BHAM) LIMITED (REGISTERED NUMBER: 06918387)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2024 TO 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHANDNI CHOWK (BHAM) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JUNE 2024 TO 30 NOVEMBER 2024







DIRECTOR: R P Singh





REGISTERED OFFICE: Harpal House
14 Holyhead Road
Handsworth
Birmingham
West Midlands
B21 0LT





REGISTERED NUMBER: 06918387 (England and Wales)

CHANDNI CHOWK (BHAM) LIMITED (REGISTERED NUMBER: 06918387)

BALANCE SHEET
30 NOVEMBER 2024

30/11/24 31/5/24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 27,500 30,000
Tangible assets 5 62,211 63,985
89,711 93,985

CURRENT ASSETS
Stocks 6 1,036 2,658
Debtors 7 5,671 5,000
Cash at bank and in hand - 32,862
6,707 40,520
CREDITORS
Amounts falling due within one year 8 137,573 167,708
NET CURRENT LIABILITIES (130,866 ) (127,188 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(41,155

)

(33,203

)

CREDITORS
Amounts falling due after more than one
year

9

21,066

29,172
NET LIABILITIES (62,221 ) (62,375 )

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 12 (63,221 ) (63,375 )
SHAREHOLDERS' FUNDS (62,221 ) (62,375 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

CHANDNI CHOWK (BHAM) LIMITED (REGISTERED NUMBER: 06918387)

BALANCE SHEET - continued
30 NOVEMBER 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 13 January 2025 and were signed by:





P L Chort - Director


CHANDNI CHOWK (BHAM) LIMITED (REGISTERED NUMBER: 06918387)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2024 TO 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Chandni Chowk (Bham) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on reducing balance
Improvements to property - 10% on reducing balance
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Computer equipment - 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

CHANDNI CHOWK (BHAM) LIMITED (REGISTERED NUMBER: 06918387)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2024 TO 30 NOVEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2024
and 30 November 2024 100,000
AMORTISATION
At 1 June 2024 70,000
Amortisation for period 2,500
At 30 November 2024 72,500
NET BOOK VALUE
At 30 November 2024 27,500
At 31 May 2024 30,000

5. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 June 2024 20,000 53,274 34,339
Additions - - -
At 30 November 2024 20,000 53,274 34,339
DEPRECIATION
At 1 June 2024 15,425 33,055 25,713
Charge for period 229 1,011 431
At 30 November 2024 15,654 34,066 26,144
NET BOOK VALUE
At 30 November 2024 4,346 19,208 8,195
At 31 May 2024 4,575 20,219 8,626

CHANDNI CHOWK (BHAM) LIMITED (REGISTERED NUMBER: 06918387)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2024 TO 30 NOVEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2024 61,825 4,001 173,439
Additions - 1,500 1,500
At 30 November 2024 61,825 5,501 174,939
DEPRECIATION
At 1 June 2024 33,996 1,265 109,454
Charge for period 1,391 212 3,274
At 30 November 2024 35,387 1,477 112,728
NET BOOK VALUE
At 30 November 2024 26,438 4,024 62,211
At 31 May 2024 27,829 2,736 63,985

6. STOCKS
30/11/24 31/5/24
£    £   
Stocks 1,036 2,658

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 31/5/24
£    £   
VAT 671 -
Prepayments 5,000 5,000
5,671 5,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 31/5/24
£    £   
Bank loans and overdrafts (see note 10) - 15,962
Trade creditors 7,656 15,245
Tax 977 1,169
Social security and other taxes 318 486
VAT - 548
Net wages 5,837 8,890
NEST Pension 210 1,809
Directors' current accounts 118,825 121,099
Accrued expenses 3,750 2,500
137,573 167,708

CHANDNI CHOWK (BHAM) LIMITED (REGISTERED NUMBER: 06918387)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2024 TO 30 NOVEMBER 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/24 31/5/24
£    £   
Bank loans (see note 10) 21,066 29,172

10. LOANS

An analysis of the maturity of loans is given below:

30/11/24 31/5/24
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 15,962

Amounts falling due between two and five years:
Bank loans - 2-5 years 21,066 29,172

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/24 31/5/24
value: £    £   
1,000 Ordinary £1 1,000 1,000

12. RESERVES
Retained
earnings
£   

At 1 June 2024 (63,375 )
Profit for the period 154
At 30 November 2024 (63,221 )