Company Registration No. 11603813 (England and Wales)
CHOR MUANG LTD
Unaudited accounts
for the year ended 31 October 2024
CHOR MUANG LTD
Unaudited accounts
Contents
CHOR MUANG LTD
Company Information
for the year ended 31 October 2024
Director
Mr Vichai Mungmai
Company Number
11603813 (England and Wales)
Registered Office
50 WANTAGE ROAD
DIDCOT
OX11 0BT
ENGLAND
Accountants
Kapook Accountancy
Certified Practising Accountants (ICPA)
94 Caledonian Road
London
N1 9DN
CHOR MUANG LTD
Statement of financial position
as at 31 October 2024
Tangible assets
58,524
68,062
Cash at bank and in hand
250
250
Creditors: amounts falling due within one year
(259,350)
(190,521)
Net current liabilities
(250,588)
(186,115)
Net liabilities
(192,064)
(118,053)
Called up share capital
100
100
Profit and loss account
(192,164)
(118,153)
Shareholders' funds
(192,064)
(118,053)
For the year ending 31 October 2024 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 director acknowledges his 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 and authorised for issue on 26 February 2025 and were signed on its behalf by
Mr Vichai Mungmai
Director
Company Registration No. 11603813
CHOR MUANG LTD
Notes to the Accounts
for the year ended 31 October 2024
CHOR MUANG LTD is a private company, limited by shares, registered in England and Wales, registration number 11603813. The registered office is 50 WANTAGE ROAD, DIDCOT, OX11 0BT, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Plant & machinery
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
CHOR MUANG LTD
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
27,023
61,260
20,764
4,626
113,673
Additions
3,571
-
-
-
3,571
At 31 October 2024
30,594
61,260
20,764
4,626
117,244
At 1 November 2023
15,457
13,268
13,948
2,938
45,611
Charge for the year
3,784
7,199
1,704
422
13,109
At 31 October 2024
19,241
20,467
15,652
3,360
58,720
At 31 October 2024
11,353
40,793
5,112
1,266
58,524
At 31 October 2023
11,566
47,992
6,816
1,688
68,062
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,304
14,685
Taxes and social security
4,517
7,855
Other creditors
32,900
16,000
Loans from directors
201,569
151,252
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Mr Vichai Mungmai is the director of both companies CHINOTHAI LTD & CHOR MUANG LTD and £22200.00 been involved as a transfer.
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).