REGISTERED NUMBER: 14529150 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

2 Chai Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Rafique

A U Rehman

REGISTERED OFFICE:

544-548

Kingsbury Road

London

NW9 9EE

REGISTERED NUMBER:

14529150 (England and Wales)

ACCOUNTANTS:

Wisteria Woods Limited

85 Great Portland Street

First Floor

London

W1W 7LT

FIXED ASSETS

Tangible assets

4

520,555

646,218

CURRENT ASSETS

Cash at bank

47,063

35,509

CREDITORS

Amounts falling due within one year

5

87,868

158,621

NET CURRENT LIABILITIES

(40,805

)

(123,112

)

TOTAL ASSETS LESS CURRENT LIABILITIES

479,750

523,106

CREDITORS

Amounts falling due after more than one year

6

731,815

601,000

NET LIABILITIES

(252,065

)

(77,894

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(252,067

)

(77,896

)

(252,065

)

(77,894

)

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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2025 and were signed on its behalf by:

A U Rehman - Director

1.	STATUTORY INFORMATION

2 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.

Going Concern

The company meets its day to day working capital requirements through the financial support of the directors. The directors believes that it is appropriate to prepare the financial statements on a going concern basis which assumes the company will continue in operational existence with the continued support of the directors.

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

-

25% on reducing balance

Taxation

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

646,218

Additions

40,477

At 31 December 2024

686,695

DEPRECIATION

Charge for year

166,140

At 31 December 2024

166,140

NET BOOK VALUE

At 31 December 2024

520,555

At 31 December 2023

646,218

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1

-

Taxation and social security

87,867

158,621

87,868

158,621

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

731,815

601,000