REGISTERED NUMBER: 03299970 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHALOTRA PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A Chalotra

SECRETARY:

M Chalotra

REGISTERED OFFICE:

44 Queen Street

Wolverhampton

West Midlands

WV1 3BJ

REGISTERED NUMBER:

03299970 (England and Wales)

ACCOUNTANTS:

SPS Accounting Ltd

1st Floor

44 Queen Street

Wolverhampton

West Midlands

WV1 3BJ

FIXED ASSETS

Tangible assets

4

50,870

50,955

CURRENT ASSETS

Debtors

5

18,442

18,251

Cash at bank

826

3,925

19,268

22,176

CREDITORS

Amounts falling due within one year

6

1,300

6,500

NET CURRENT ASSETS

17,968

15,676

TOTAL ASSETS LESS CURRENT LIABILITIES

68,838

66,631

CREDITORS

Amounts falling due after more than one year

7

26,900

19,328

NET ASSETS

41,938

47,303

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

41,937

47,302

SHAREHOLDERS' FUNDS

41,938

47,303

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 16 September 2025 and were signed by:

Mrs A Chalotra - Director

1.	STATUTORY INFORMATION

Chalotra Properties Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

50,390

15,150

65,540

DEPRECIATION

At 1 January 2024

-

14,585

14,585

Charge for year

-

85

85

At 31 December 2024

-

14,670

14,670

NET BOOK VALUE

At 31 December 2024

50,390

480

50,870

At 31 December 2023

50,390

565

50,955

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

18,124

18,124

Other debtors

318

127

18,442

18,251

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

1,300

6,500

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

26,900

19,328