REGISTERED NUMBER: 09614383 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHILLI TWIST LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T C Munday

D M Hepburn

SECRETARY:

T C Munday

REGISTERED OFFICE:

Bradley House

7 Park Five Business Centre

Harrier Way

Exeter

Devon

EX2 7HU

REGISTERED NUMBER:

09614383 (England and Wales)

ACCOUNTANTS:

TC Group

Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

FIXED ASSETS

Tangible assets

4

1,384

1,845

CURRENT ASSETS

Debtors

5

34,378

47,467

Cash at bank

125,021

150,076

159,399

197,543

CREDITORS

Amounts falling due within one year

6

18,765

33,190

NET CURRENT ASSETS

140,634

164,353

TOTAL ASSETS LESS CURRENT LIABILITIES

142,018

166,198

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

142,014

166,194

142,018

166,198

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 directors acknowledge their 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

T C Munday - Director

D M Hepburn - Director

1.	STATUTORY INFORMATION

Chilli Twist 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

25% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

8,410

DEPRECIATION

At 1 January 2024

6,565

Charge for year

461

At 31 December 2024

7,026

NET BOOK VALUE

At 31 December 2024

1,384

At 31 December 2023

1,845

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,200

14,111

Amounts owed by group undertakings

33,178

33,356

34,378

47,467

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

240

Corporation tax

9,866

24,524

VAT

4,701

4,166

Credit card

42

174

Directors' current accounts

2,636

2,636

Accrued expenses

1,520

1,450

18,765

33,190

7.	RELATED PARTY DISCLOSURES

At the year end the company owed the director T Munday £948 (31/03/2023 - £948) and D Hepburn £1,688 (31/03/2023 - £1,688).

8.	ULTIMATE CONTROLLING PARTY

The company's parent undertaking is Carbon Husky Limited.