REGISTERED NUMBER: 11617087 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2025 to 31 December 2025

for

CHAI GUYS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Jobanputra

G E M Unger

REGISTERED OFFICE:

Preston Park House

South Road

Brighton

BN1 6SB

REGISTERED NUMBER:

11617087 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

384,236

424,255

CURRENT ASSETS

Stocks

80,000

91,856

Debtors

5

184,550

136,633

Cash at bank and in hand

127,995

54,951

392,545

283,440

CREDITORS

Amounts falling due within one year

6

(466,460

)

(338,186

)

NET CURRENT LIABILITIES

(73,915

)

(54,746

)

TOTAL ASSETS LESS CURRENT LIABILITIES

310,321

369,509

CREDITORS

Amounts falling due after more than one year

7

(38,192

)

(83,463

)

NET ASSETS

272,129

286,046

CAPITAL AND RESERVES

Called up share capital

9

109

109

Share premium

384,150

332,491

Retained earnings

(112,130

)

(46,554

)

SHAREHOLDERS' FUNDS

272,129

286,046

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

G E M Unger - Director

1.	STATUTORY INFORMATION

Chai Guys 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents amounts receivable for goods and services supplied during the period, stated net of VAT, discounts and refunds.

Turnover from on-site sales is recognised at the point of sale, when the goods or services are provided to the customer. Turnover from events is recognised on an accruals basis in the period in which the event takes place and the related services are provided.

Tangible fixed assets

Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor Vehicles

-

4 years straight line

Fixtures & Fittings

-

15 years straight line or over the lease term

Computer Equipment

-

15 years straight line

Plant & Machinery

-

15 years straight line or over the lease term

The directors carried out a review of the depreciation policies and in reviewing these, adjusted the depreciation on Motor Vehicles from 15 years straight line to 4 years straight line, which is considered to be more reflective of the useful life. The change to accounting estimate has been adjusted prospectively, in accordance with FRS 102.

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks

Stock is valued at the lower of cost and estimated selling price less costs.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation

Taxation for the period 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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid, the company has no further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability on the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 32 (2025 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

146,188

372,492

2,679

5,770

527,129

Additions

3,567

1,818

-

1,565

6,950

At 31 December 2025

149,755

374,310

2,679

7,335

534,079

DEPRECIATION

At 1 April 2025

29,156

69,108

1,697

2,913

102,874

Charge for period

15,288

30,819

502

360

46,969

At 31 December 2025

44,444

99,927

2,199

3,273

149,843

NET BOOK VALUE

At 31 December 2025

105,311

274,383

480

4,062

384,236

At 31 March 2025

117,032

303,384

982

2,857

424,255

Fixed assets, included in the above, which are held under finance leases are as follows:

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2025

and 31 December 2025

38,064

85,869

123,933

DEPRECIATION

At 1 April 2025

16,698

25,169

41,867

Charge for period

9,736

16,602

26,338

At 31 December 2025

26,434

41,771

68,205

NET BOOK VALUE

At 31 December 2025

11,630

44,098

55,728

At 31 March 2025

21,366

60,700

82,066

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

as restated

£

£

Trade debtors

19,212

4,331

Other debtors

165,338

132,302

184,550

136,633

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

as restated

£

£

Bank loans and overdrafts

4,165

-

Finance leases (see note 8)

33,590

28,106

Trade creditors

207,504

102,834

Taxation and social security

107,201

85,791

Other creditors

114,000

121,455

466,460

338,186

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2025

as restated

£

£

Bank loans

-

11,680

Finance leases (see note 8)

38,192

71,783

38,192

83,463

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases

2025

2025

as restated

£

£

Net obligations repayable:

Within one year

33,590

28,106

Between one and five years

38,192

71,783

71,782

99,889

Non-cancellable

operating leases

2025

2025

as restated

£

£

Within one year

195,463

117,000

Between one and five years

473,696

454,466

In more than five years

485,987

550,987

1,155,146

1,122,453

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2025

value:

as restated

£

£

10,930,918

Ordinary

0.00001

109

109

35,887

B Ordinary

0.00001

-

-

109

109

During the year, 290,684 Ordinary shares were issued for £0.37 per share. In addition, 35,887 B Ordinary shares were issued for £0.03 per share.

Part of the subscription was recognised in error in the accounts to 31 March 2025. The position is correct at 31 December 2025.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2025 and the year ended 31 March 2025:

2025

2025

as restated

£

£

G E M Unger

Balance outstanding at start of period

-

-

Amounts advanced

11,707

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

11,707

-

A Jobanputra

Balance outstanding at start of period

-

-

Amounts advanced

11,760

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

11,760

-

11.	RELATED PARTY DISCLOSURES

The company owes the related party, Humble Crumble Limited £51,646 (March 2025: £Nil) at the balance sheet date. This includes a recharge for shared office costs of £20,017.

12.	NEGATIVE RETAINED EARNINGS

Under s830 of the Companies Act 2006 a company is prohibited from making a distribution except out of profits available for this purpose. If at the time of distribution the members know or have reasonable grounds for knowing that a distribution is unlawful they are liable to repay it (or that part of it, as the case may be) to the company in the event of a winding up as stipulated by s847 of the Companies Act 2006.

At the time the dividend was paid the directors were not aware that there were insufficient profits available for distribution and the directors acknowledge that no further distributions can be made until there are sufficient profits available for that purpose