REGISTERED NUMBER: 09492379 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Chilli Yard Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Reeve

REGISTERED OFFICE:

Chilli Barn

East Chevin Road

Otley

LS21 3DD

REGISTERED NUMBER:

09492379 (England and Wales)

ACCOUNTANTS:

Wild & Co Chartered Accountants

Windsor House

Cornwall Road

Harrogate

HG1 2PW

FIXED ASSETS

Tangible assets

4

65,942

46,388

CURRENT ASSETS

Stocks

5

5,727

6,506

Debtors

6

30,844

152,532

Cash at bank and in hand

27,501

6,083

64,072

165,121

CREDITORS

Amounts falling due within one year

7

177,095

199,776

NET CURRENT LIABILITIES

(113,023

)

(34,655

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(47,081

)

11,733

CREDITORS

Amounts falling due after more than one year

8

21,206

33,737

NET LIABILITIES

(68,287

)

(22,004

)

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

(69,287

)

(23,004

)

SHAREHOLDERS' FUNDS

(68,287

)

(22,004

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 August 2026 and were signed by:

R Reeve - Director

1.	STATUTORY INFORMATION

Chilli Yard 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.

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.

Improvements to property

-

10% on cost

Plant and machinery

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the balance sheet date, the company's liabilities exceed its assets. The company has received assurance from the directors that the company has adequate resources to continue in operational existence for twelve months from the date of approval of these financial statements. On this basis, the director considers it appropriate to prepare accounts on a going concern basis.

However, should financial support mentioned above not be forthcoming, the going concern basis used in preparing the company accounts may be invalid and adjustment would have to be made to reduce the value of assets to their realisable amount and provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2025 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2025

28,829

46,619

-

75,448

Additions

10,420

7,092

7,674

25,186

At 31 March 2026

39,249

53,711

7,674

100,634

DEPRECIATION

At 1 April 2025

-

29,060

-

29,060

Charge for year

659

4,549

424

5,632

At 31 March 2026

659

33,609

424

34,692

NET BOOK VALUE

At 31 March 2026

38,590

20,102

7,250

65,942

At 31 March 2025

28,829

17,559

-

46,388

5.

STOCKS

31.3.26

31.3.25

£

£

Stocks

5,727

6,506

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

-

22,255

Other debtors

24,563

24,563

Directors' loan accounts

-

78,934

Prepayments and accrued income

6,281

26,780

30,844

152,532

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

12,493

10,250

Trade creditors

10,296

32,928

Tax

-

2,508

Social security and other taxes

21,759

33,516

VAT

22,997

22,645

Other creditors

6,008

9,309

Directors' loan accounts

16,448

-

Accruals and deferred income

87,094

88,620

177,095

199,776

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-5 years

21,206

33,737

Loans of £33,699 (FY25 - £43,986) are secured by a fixed and floating charge over the assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

R Reeve

Balance outstanding at start of year

78,934

109,486

Amounts advanced

(109,167

)

(71,225

)

Amounts repaid

13,784

40,673

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(16,449

)

78,934

11.	RELATED PARTY DISCLOSURES

Director loan of £16,449 is money advanced to the Company by the Director as at 31 March 2026. The loan is unsecured and interest-free. The loan is repayable on demand.