REGISTERED NUMBER: 09519813 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CHEGIREDDY SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr C Venkata-Prasad

REGISTERED OFFICE:

19 Tates Way

Stevenage

SG1 4WP

REGISTERED NUMBER:

09519813 (England and Wales)

ACCOUNTANTS:

S J Kilshaw Partners Ltd

11c Kings Parade

Cambridge

Cambridgeshire

CB2 1SJ

FIXED ASSETS

Tangible assets

4

1,107

-

Investment property

5

1,000,000

926,514

1,001,107

926,514

CURRENT ASSETS

Debtors

6

22,781

15,912

Cash at bank

195,280

110,755

218,061

126,667

CREDITORS

Amounts falling due within one year

7

(92,103

)

(91,393

)

NET CURRENT ASSETS

125,958

35,274

TOTAL ASSETS LESS CURRENT LIABILITIES

1,127,065

961,788

CREDITORS

Amounts falling due after more than one year

8

(587,495

)

(570,363

)

PROVISIONS FOR LIABILITIES

9

(18,665

)

-

NET ASSETS

520,905

391,425

CAPITAL AND RESERVES

Called up share capital

170

130

Retained earnings

520,735

391,295

520,905

391,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

Dr C Venkata-Prasad - Director

1.	STATUTORY INFORMATION

Chegireddy Services Limited 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

1,328

At 31 March 2025

1,328

DEPRECIATION

Charge for year

221

At 31 March 2025

221

NET BOOK VALUE

At 31 March 2025

1,107

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

926,514

Revaluations

73,486

At 31 March 2025

1,000,000

NET BOOK VALUE

At 31 March 2025

1,000,000

At 31 March 2024

926,514

Fair value at 31 March 2025 is represented by:

£

Valuation in 2024

926,514

Valuation in 2025

73,486

1,000,000

The director has estimated the fair value of the investment property at the balance sheet date based on their experience of the market and recent comparable transactions. No external valuation was obtained. The resulting fair value adjustment of £73,486 has been recognised in the profit and loss account.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

22,781

15,912

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

20,699

25,029

Other creditors

71,404

66,364

92,103

91,393

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

587,495

570,363

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

18,665

-

Deferred

tax

£

Provided during year

18,665

Balance at 31 March 2025

18,665