IRIS Accounts Production v25.1.3.33 04613284 director 1.2.24 31.1.25 31.1.25 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046132842024-01-31046132842025-01-31046132842024-02-012025-01-31046132842023-01-31046132842023-02-012024-01-31046132842024-01-3104613284ns15:EnglandWales2024-02-012025-01-3104613284ns14:PoundSterling2024-02-012025-01-3104613284ns10:Director12024-02-012025-01-3104613284ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3104613284ns10:SmallEntities2024-02-012025-01-3104613284ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3104613284ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3104613284ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3104613284ns10:FullAccounts2024-02-012025-01-310461328412024-02-012025-01-3104613284ns10:OrdinaryShareClass12024-02-012025-01-3104613284ns10:CompanySecretary12024-02-012025-01-3104613284ns10:RegisteredOffice2024-02-012025-01-3104613284ns5:CurrentFinancialInstruments2025-01-3104613284ns5:CurrentFinancialInstruments2024-01-3104613284ns5:ShareCapital2025-01-3104613284ns5:ShareCapital2024-01-3104613284ns5:RetainedEarningsAccumulatedLosses2025-01-3104613284ns5:RetainedEarningsAccumulatedLosses2024-01-3104613284ns5:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-3104613284ns5:PlantMachinery2024-02-012025-01-3104613284ns5:NetGoodwill2024-01-3104613284ns5:NetGoodwill2025-01-3104613284ns5:NetGoodwill2024-01-3104613284ns5:PlantMachinery2024-01-3104613284ns5:PlantMachinery2025-01-3104613284ns5:PlantMachinery2024-01-3104613284ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3104613284ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3104613284ns10:OrdinaryShareClass12025-01-31
REGISTERED NUMBER: 04613284 (England and Wales)


Financial Statements for the Year Ended 31 January 2025

for

K & J Chahal Limited

K & J Chahal Limited (Registered number: 04613284)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


K & J Chahal Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: Mrs Jagjit Kaur Chahal





SECRETARY: Mr Kamaljit Singh Chahal





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 04613284 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

K & J Chahal Limited (Registered number: 04613284)

Statement of Financial Position
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 91,250 91,250
Property, plant and equipment 5 10,587 14,116
101,837 105,366

CURRENT ASSETS
Inventories 33,830 34,337
Debtors 6 754 875
Cash at bank and in hand 5,800 12,706
40,384 47,918
CREDITORS
Amounts falling due within one year 7 78,403 93,090
NET CURRENT LIABILITIES (38,019 ) (45,172 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,818

60,194

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 63,816 60,192
SHAREHOLDERS' FUNDS 63,818 60,194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

K & J Chahal Limited (Registered number: 04613284)

Statement of Financial Position - continued
31 January 2025


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 31 May 2025 and were signed by:





Mrs Jagjit Kaur Chahal - Director


K & J Chahal Limited (Registered number: 04613284)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

K & J Chahal 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 value of goods sold, excluding value added tax.

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 etc - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 100,000
AMORTISATION
At 1 February 2024
and 31 January 2025 8,750
NET BOOK VALUE
At 31 January 2025 91,250
At 31 January 2024 91,250

K & J Chahal Limited (Registered number: 04613284)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2024
and 31 January 2025 31,093
DEPRECIATION
At 1 February 2024 16,977
Charge for year 3,529
At 31 January 2025 20,506
NET BOOK VALUE
At 31 January 2025 10,587
At 31 January 2024 14,116

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Other debtors 754 875

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 4,388 1,063
Taxation and social security 5,132 5,921
Other creditors 68,883 86,106
78,403 93,090

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
2 Ordinary 1 2 2

9. RELATED PARTY DISCLOSURES

During the year, the Company has paid rent of £5,400 (2024 : £5400) in respect of the business property owned by the director & Secretary.