CHUNGUMS LIMITED

Company Registration Number:
14900629 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 June 2024

End date: 31 December 2024

CHUNGUMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CHUNGUMS LIMITED

Company Information

for the Period Ended 31 December 2024




Director: Ashton Chanakira
Rachel Chanakira
Registered office: Unit 3, Cotswold Edge Business Park
Hempsted Lane
Gloucester
England
GL2 5WZ
Company Registration Number: 14900629 (England and Wales)

CHUNGUMS LIMITED

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The principal activity of the company during the year continued to be the development, production and sale of authentic Caribbean-inspired snack products.

Political and charitable donations

The company made no political or charitable donations during the year.

Company policy on the employment of disabled persons

The company has no employees and therefore no specific policies in relation to disabled employees.

Directors

The directors shown below have held office during the whole of the period from 01 June 2024 to 31 December 2024
Ashton Chanakira
Rachel Chanakira

This report was approved by the board of directors on 30 September 2025
And Signed On Behalf Of The Board By:

Name: Ashton Chanakira
Status: Director

CHUNGUMS LIMITED

Profit and Loss Account

for the Period Ended 31 December 2024


Notes
7 months to
31 Dec 2024
£

2024
£
Gross Profit or (Loss) 2,176 ( 3,415 )
Administrative Expenses ( 2,141 ) ( 7,568 )
Operating Profit or (Loss) 35 ( 10,983 )
Profit or (Loss) Before Tax 35 ( 10,983 )
Profit or (Loss) for Period 35 ( 10,983 )

The notes form part of these financial statements

CHUNGUMS LIMITED

Balance sheet

As at 31 December 2024


Notes
7 months to
31 Dec 2024
£

2024
£
Fixed assets
Tangible assets: 4 5,420 4,014
Total fixed assets: 5,420 4,014
Current assets
Cash at bank and in hand: 4,645 3,867
Total current assets: 4,645 3,867
Net current assets (liabilities): 4,645 3,867
Total assets less current liabilities: 10,065 7,881
Creditors: amounts falling due after more than one year: ( 22,977 ) ( 20,359 )
Total net assets (liabilities): ( 12,912 ) ( 12,478 )

The notes form part of these financial statements

CHUNGUMS LIMITED

Balance sheet continued

As at 31 December 2024


Notes
7 months to
31 Dec 2024
£

2024
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 13,012 ) ( 12,578 )
Shareholders funds: ( 12,912 ) ( 12,478 )

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 September 2025
And Signed On Behalf Of The Board By:

Name: Ashton Chanakira
Status: Director

The notes form part of these financial statements

CHUNGUMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CHUNGUMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    7 months to
    31 Dec 2024

    2024
    Average number of employees during the period 0 0

CHUNGUMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

CHUNGUMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 June 2024 4,014
Additions 2,210
Disposals -
Revaluations -
Transfers -
At 31 December 2024 6,224
Depreciation
At 01 June 2024 -
Charge for year 804
On disposals -
Other adjustments -
At 31 December 2024 804
Net book value
At 31 December 2024 5,420
At 31 May 2024 4,014