CHEEKY CHILLIES LIMITED - Filleted accounts

Registered number

12358297

CHEEKY CHILLIES LIMITED

Filleted Accounts

31 December 2024

CHEEKY CHILLIES LIMITED
Registered number:		12358297
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Intangible assets	3		10,000			10,000
Tangible assets	4		19,812			24,765
			29,812			34,765

Current assets
Stocks		15,446			13,013
Debtors	5	3,448			5,713
Cash at bank and in hand		4,679			7,914
		23,573			26,640

Creditors: amounts falling due within one year	6	(10,664)			(9,569)

Net current assets			12,909			17,071

Total assets less current liabilities			42,721			51,836

Creditors: amounts falling due after more than one year	7		(22,289)			(30,243)



Net assets			20,432			21,593

Capital and reserves
Called up share capital			2			2
Profit and loss account			20,430			21,591

Shareholder's funds			20,432			21,593

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




H Goharjouy Vasegh
Director
Approved by the board on 29 September 2025

CHEEKY CHILLIES LIMITED
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% reducing balance
	Motor vehicle	20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			5		5


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 January 2024					10,000
	At 31 December 2024					10,000

	Amortisation
	At 31 December 2024					-

	Net book value
	At 31 December 2024					10,000
	At 31 December 2023					10,000




4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2024	15,687		21,739		37,426
	At 31 December 2024	15,687		21,739		37,426

	Depreciation
	At 1 January 2024	8,313		4,348		12,661
	Charge for the year	1,475		3,478		4,953
	At 31 December 2024	9,788		7,826		17,614

	Net book value
	At 31 December 2024	5,899		13,913		19,812
	At 31 December 2023	7,374		17,391		24,765


5	Debtors			2024		2023
£					£

	Other debtors			3,448		5,713



6	Creditors: amounts falling due within one year			2024		2023
£					£

	Taxation and social security costs			9,284		8,219
	Other creditors			1,380		1,350
				10,664		9,569


7	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			22,289		30,243


8	Other information

	CHEEKY CHILLIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	09-11 John Street
	Porthcawl
	United Kingdom
	CF36 3AP