REGISTERED NUMBER: 08292182 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Chuanglee Cash & Carry Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms T M Voon

J C G Chua

REGISTERED OFFICE:

Unit 7-9 Meridian Trading Estate

Bugsbys Way

London

SE7 7SW

REGISTERED NUMBER:

08292182 (England and Wales)

AUDITORS:

Thornton Springer LLP

Chartered Accountants and

Statutory Auditor

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Tangible assets

5

317,789

256,619

CURRENT ASSETS

Stocks

493,079

542,010

Debtors

6

1,300,051

522,686

Cash at bank and in hand

108,211

378,620

1,901,341

1,443,316

CREDITORS

Amounts falling due within one year

7

(1,027,130

)

(746,431

)

NET CURRENT ASSETS

874,211

696,885

TOTAL ASSETS LESS CURRENT LIABILITIES

1,192,000

953,504

CREDITORS

Amounts falling due after more than one year

8

(135,248

)

(120,037

)

PROVISIONS FOR LIABILITIES

(80,800

)

(54,750

)

NET ASSETS

975,952

778,717

CAPITAL AND RESERVES

Called up share capital

11

118

118

Retained earnings

12

975,834

778,599

SHAREHOLDERS' FUNDS

975,952

778,717

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 2 September 2025 and were signed on its behalf by:

J C G Chua - Director

1.	STATUTORY INFORMATION

Chuanglee Cash & Carry 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are stated at the lower of costs and estimated selling price less costs to complete and sell. Cost is determined using the first in, first out method.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 19 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

136,417

261,287

2,638

400,342

Additions

56,462

82,150

-

138,612

At 31 December 2024

192,879

343,437

2,638

538,954

DEPRECIATION

At 1 January 2024

117,855

23,230

2,638

143,723

Charge for year

10,780

66,662

-

77,442

At 31 December 2024

128,635

89,892

2,638

221,165

NET BOOK VALUE

At 31 December 2024

64,244

253,545

-

317,789

At 31 December 2023

18,562

238,057

-

256,619

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

226,837

Additions

82,150

At 31 December 2024

308,987

DEPRECIATION

At 1 January 2024

20,359

Charge for year

59,772

At 31 December 2024

80,131

NET BOOK VALUE

At 31 December 2024

228,856

At 31 December 2023

206,478

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

352,677

265,432

Amounts owed by group undertakings

893,319

249,404

Other debtors

-

4,002

VAT

4,469

-

Prepayments and accrued income

49,586

3,848

1,300,051

522,686

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,648

10,648

Hire purchase contracts (see note 9)

35,567

19,999

Trade creditors

831,709

558,211

Tax

54,835

60,697

Social security and other taxes

20,599

67,990

VAT

-

945

Other creditors

40,753

8,378

Amount due to related party

10,019

-

Directors' current accounts

-

5,873

Accrued expenses

23,000

13,690

1,027,130

746,431

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

4,164

10,648

Bank loans - 2-5 years

-

3,650

Hire purchase contracts (see note 9)

131,084

105,739

135,248

120,037

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.24

31.12.23

£

£

Net obligations repayable:

Within one year

35,567

19,999

Between one and five years

131,084

105,739

166,651

125,738

Non-cancellable

operating leases

31.12.24

31.12.23

£

£

Within one year

766,730

766,730

Between one and five years

1,245,881

2,012,611

2,012,611

2,779,341

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

166,651

125,738

The company has a cross guarantee with Galalane Limited (Parent Undertaking) and Chuanglee Limited (Fellow Subsidiary). This is a fixed and floating charge over the undertaking and all assets present and future, including benefits of any licences.

Amounts owing on hire purchase contracts are secured on the individual assets to which they relate.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

118

Ordinary

£1

118

118

12.

RESERVES

Retained

earnings

£

At 1 January 2024

778,599

Profit for the year

197,235

At 31 December 2024

975,834

13.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Zahid Saleem ACA FCCA MBA (Senior Statutory Auditor)

for and on behalf of Thornton Springer LLP

14.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

15.	ULTIMATE CONTROLLING PARTY

The parent company during the financial year is Galalane Limited, a company incorporated in England and Wales.

These accounts have been consolidated in the Bamboo Mart UK Ltd accounts and for which copies of the consolidated financial statements can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.

The ultimate parent company is NR Instant Produce Public Company Limited, a company registered in Thailand.

The directors of Bamboo Mart UK Limited are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.