CHALLA CONSULTANCY LTD

CHALLA CONSULTANCY LTD
Statement of Financial Position
As at 30 November 2025

	2025		2024
	£	£	£	£
Current assets	70,360		28,171
Creditors: amount falling due within one year	(18,873)		(8,193)
Net current assets		51,487		19,978
Total assets less current liabilities		51,487		19,978
Net assets		51,487		19,978


Capital and reserves		51,487		19,978

NOTES TO THE ACCOUNTS

General Information

CHALLA CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number SC580773, registration address 10 Torlum Crescent, Newton Mearns, Glasgow, G77 5GS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

Cost of sales represents subcontractor costs incurred in the delivery of the company's Information Technology consultancy services during the financial year.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the board of directors on 26 August 2026 and were signed on its behalf by:

--------------------------------
Venkata Narasimha Rao Challa
Director

Registered Number: SC580773
England and Wales
CHALLA CONSULTANCY LTD

Abridged Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025