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REGISTERED NUMBER: 12798184 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Chesham Food & Wine Limited

Chesham Food & Wine Limited (Registered number: 12798184)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chesham Food & Wine Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: A S Nangpal





REGISTERED OFFICE: 263-265 Berkhampstead Road
Chesham
Buckinghamshire
HP5 3AS





REGISTERED NUMBER: 12798184 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

Chesham Food & Wine Limited (Registered number: 12798184)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,000 6,184

CURRENT ASSETS
Stocks 42,948 37,912
Debtors 5 22,950 22,950
Prepayments and accrued income 47 -
Cash at bank and in hand 7,050 17,880
72,995 78,742
CREDITORS
Amounts falling due within one year 6 59,431 69,463
NET CURRENT ASSETS 13,564 9,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,564

15,463

CREDITORS
Amounts falling due after more than
one year

7

2,412

-
NET ASSETS 19,152 15,463

Chesham Food & Wine Limited (Registered number: 12798184)

Balance Sheet - continued
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,052 15,363
19,152 15,463

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 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.

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 14 May 2025 and were signed by:





A S Nangpal - Director


Chesham Food & Wine Limited (Registered number: 12798184)

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

1. STATUTORY INFORMATION

Chesham Food & Wine 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% 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 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.

Chesham Food & Wine Limited (Registered number: 12798184)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 September 2023 11,906
Additions 10,000
Disposals (6,184 )
At 31 August 2024 15,722
DEPRECIATION
At 1 September 2023 5,722
Charge for year 2,000
At 31 August 2024 7,722
NET BOOK VALUE
At 31 August 2024 8,000
At 31 August 2023 6,184

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 22,950 22,950

Chesham Food & Wine Limited (Registered number: 12798184)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 3,481 1,310
Trade creditors 1,885 1
Taxation and social security 6,928 5,466
Other creditors 47,137 62,686
59,431 69,463

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 2,412 -

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
A S Nangpal
Balance outstanding at start of year 39,480 29,400
Amounts advanced - 10,080
Amounts repaid (11,051 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 28,429 39,480