REGISTERED NUMBER: 14493017 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Chalo Chai Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms G Van Den Boer

REGISTERED OFFICE:

Westwood House

Annie Med Lane

South Cave

HU15 2HG

REGISTERED NUMBER:

14493017 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

HULL HU1 2LD

CURRENT ASSETS

Stocks

9,586

7,280

Debtors

4

6,933

3,918

Cash at bank

4,842

697

21,361

11,895

CREDITORS

Amounts falling due within one year

5

43,033

19,172

NET CURRENT LIABILITIES

(21,672

)

(7,277

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,672

)

(7,277

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(21,772

)

(7,377

)

SHAREHOLDERS' FUNDS

(21,672

)

(7,277

)

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 26 September 2025 and were signed by:

Ms G Van Den Boer - Director

1.	STATUTORY INFORMATION

Chalo Chai 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.

The company is dependent on the continued financial support of its parent company Chalo Company BV. The directors of Chalo Company BV have agreed to provide such support to ensure the company will be able to meet its debts as they fall due for the foreseeable future. The accounts are therefore prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items on a first-in-first-out basis.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,735

3,204

Other debtors

198

714

6,933

3,918

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,628

1,404

Amounts owed to group undertakings

38,742

16,215

Other creditors

1,663

1,553

43,033

19,172

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 January 2024

(7,377

)

Deficit for the year

(14,395

)

At 31 December 2024

(21,772

)

8.	RELATED PARTY DISCLOSURES

During the year the company purchased goods totalling £18,102 (2023 - £11,167) from Chalo Company BV, the parent company of Chalo Chai Ltd.

Also during the year Chalo Company BV paid £8,294 (2023 - £4,685) on behalf of the company and received £5,164 (2023 - £448) on behalf of the company.

At 31 December 2024 £38,742 (2023 - £16,215) was owed to Chalo Company BV by the company. This amount is interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Chalo Chai BV, a company incorporated in Belgium.

The ultimate controlling party is Ms G Van Den Boer.