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REGISTERED NUMBER: 04230228 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Chad Engineering UK Limited

Chad Engineering UK Limited (Registered number: 04230228)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 3

Notes to the Financial Statements 6


Chad Engineering UK Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr H S Jutla
Mr P S Jutla
Mr H S Jutla





SECRETARY: Mr P S Jutla





REGISTERED OFFICE: Pippins
Cherry Drive
Forty Green
Beaconsfield
Buckinghamshire
HP9 1XP





REGISTERED NUMBER: 04230228 (England and Wales)






Chad Engineering UK Limited

Company Information
for the Year Ended 31 August 2024







ACCOUNTANTS: Friends.Tax LLP
Pippins
Cherry Drive
Forty Green
Beaconsfield
Buckinghamshire
HP9 1XP

Chad Engineering UK Limited (Registered number: 04230228)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 301,403 349,707
301,403 349,707

CURRENT ASSETS
Debtors 6 215,663 169,797
Cash at bank 299,576 223,938
515,239 393,735
CREDITORS
Amounts falling due within one
year

7

284,507

165,036
NET CURRENT ASSETS 230,732 228,699
TOTAL ASSETS LESS CURRENT
LIABILITIES

532,135

578,406

CREDITORS
Amounts falling due after more
than one year

8

87,690

146,145
NET ASSETS 444,445 432,261

Chad Engineering UK Limited (Registered number: 04230228)

Balance Sheet - continued
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 444,345 432,161
SHAREHOLDERS' FUNDS 444,445 432,261

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

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

The directors acknowledge their 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.

Chad Engineering UK Limited (Registered number: 04230228)

Balance Sheet - continued
31 August 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 Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





Mr P S Jutla - Director


Chad Engineering UK Limited (Registered number: 04230228)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Chad Engineering UK 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill arose on the acquisition of a business in 2002 and was amortised evenly over its estimated useful life of ten years. The goodwill was therefore fully amortised in the year ended 31 August 2011.

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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance


Chad Engineering UK Limited (Registered number: 04230228)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Chad Engineering UK Limited (Registered number: 04230228)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Basic Financial Instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any Other Financial Instruments as covered by Section 12 of FRS102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 15,000
AMORTISATION
At 1 September 2023
and 31 August 2024 15,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

Chad Engineering UK Limited (Registered number: 04230228)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 September 2023 1,217,020 12,075 33,000 1,262,095
Additions - - 17,990 17,990
At 31 August 2024 1,217,020 12,075 50,990 1,280,085
DEPRECIATION
At 1 September 2023 869,141 11,562 31,685 912,388
Charge for year 62,330 103 3,861 66,294
At 31 August 2024 931,471 11,665 35,546 978,682
NET BOOK VALUE
At 31 August 2024 285,549 410 15,444 301,403
At 31 August 2023 347,879 513 1,315 349,707

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.8.24 31.8.23
£    £   
Trade debtors 214,683 168,851
Other debtors 980 946
215,663 169,797

Chad Engineering UK Limited (Registered number: 04230228)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 58,425 57,395
Trade creditors 97,914 31,582
Taxation and social security 99,902 49,882
Other creditors 28,266 26,177
284,507 165,036

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 87,690 146,145

9. SECURED DEBTS

The available bank borrowing facilities are secured by a fixed and floating charge over the assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary £1 100 100

Chad Engineering UK Limited (Registered number: 04230228)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the end of the year the company owed £2,298 (2023: £7,726) to the directors, the company has a right of set off over individual directors' loan account balances.

Included within the directors' advances, credits and guarantees above are dividends paid during the year totalling £150,000 (2023: £160,000).

12. ULTIMATE CONTROLLING PARTY



There is no ultimate controlling party.