Company Registration No. 11518605 (England and Wales)
CHANMUK LIMITED
Unaudited accounts
for the year ended 31 August 2024
CHANMUK LIMITED
Unaudited accounts
Contents
CHANMUK LIMITED
Company Information
for the year ended 31 August 2024
Directors
Miss C Mukundan
Chandrika Mukundan
Company Number
11518605 (England and Wales)
Registered Office
36 MOUNT DRIVE, PARK STREET
ST. ALBANS
HERTFORDSHIRE
AL2 2NU
Accountants
Tax Accountant | Specialist Tax Consultancy
3 Brindley Place
Birmingham
West Midlands
B1 2JB
CHANMUK LIMITED
Statement of financial position
as at 31 August 2024
Investment property
523,000
523,000
Cash at bank and in hand
5,801
10,198
Creditors: amounts falling due within one year
(350,366)
(358,774)
Net current liabilities
(344,565)
(348,576)
Total assets less current liabilities
178,435
174,424
Creditors: amounts falling due after more than one year
(139,349)
(139,349)
Called up share capital
1
1
Profit and loss account
39,085
35,074
Shareholders' funds
39,086
35,075
For the year ending 31 August 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 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 19 May 2025 and were signed on its behalf by
Miss C Mukundan
Director
Company Registration No. 11518605
CHANMUK LIMITED
Notes to the Accounts
for the year ended 31 August 2024
CHANMUK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11518605. The registered office is 36 MOUNT DRIVE, PARK STREET, ST. ALBANS, HERTFORDSHIRE, AL2 2NU.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 September 2023
523,000
CHANMUK LIMITED
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
941
572
Loans from directors
348,465
357,242
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
139,349
139,349
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).