Company registration number: 04475562
Annual report and unaudited financial statements
for the year ended 31 January 2026
for
Chawla's Limited
Pages for filing with the Registrar
Company registration number: 04475562
Chawla's Limited
Balance sheet
as at 31 January 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 15,504,704 14,935,124
Investments 5 998 -
15,505,702 14,935,124
Current assets
Debtors 6 87,286 79,593
Cash at bank and in hand 12,400 136,299
99,686 215,892
Creditors: amounts falling due within one year
7 (5,167,561) (5,243,873)
Net current liabilities (5,067,875) (5,027,981)
Total assets less current liabilities 10,437,827 9,907,143
Creditors: Amounts falling due after more than one year
8 (29,276) (3,083,221)
Provisions for liabilities (19,790) (23,470)
NET ASSETS 10,388,761 6,800,452
Capital and reserves
Called up share capital 2,000 1,002
Revaluation reserve 1,025,500 1,025,500
Profit and loss account 9,361,261 5,773,950
TOTAL EQUITY 10,388,761 6,800,452
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04475562
Chawla's Limited
Balance sheet - continued
as at 31 January 2026
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 account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 28 October 2026 and signed on its behalf by:
Mr R Chawla, Director
28 October 2026
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Chawla's Limited
Notes to the financial statements
for the year ended 31 January 2026
1 Company information
Chawla's Limited is a private company registered in England and Wales. Its registered number is 04475562. The company is limited by shares. Its registered office is 249 Bath Road, Hounslow, Middlesex, TW3 3DA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Land and buildings - not provided
Plant and machinery etc.:
Plant and machinery - 33% and 15% reducing balance
Motor vehicles - 20% reducing balance
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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.
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Chawla's Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
2 Accounting policies - continued
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 1 (2025 - 1).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 February 2025 14,841,243 739,602 15,580,845
Additions 584,300 480 584,780
At 31 January 2026 15,425,543 740,082 16,165,625
Depreciation
At 1 February 2025 - 645,721 645,721
Charge for year - 15,200 15,200
At 31 January 2026 - 660,921 660,921
Net book value
At 31 January 2026 15,425,543 79,161 15,504,704
At 31 January 2025 14,841,243 93,881 14,935,124
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Chawla's Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
5 Fixed asset investments
Investments other than loans
Other investments other than loans


£
Cost
Additions 998
At 31 January 2026 998
Net book value
At 31 January 2026 998
At 31 January 2025 -
6 Debtors
2026 2025
£ £
Trade debtors 83,728 76,097
Other debtors 3,000 3,000
Prepayments and accrued income 558 496
87,286 79,593
7 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 99,500 124,376
Amounts owed to directors 4,732,868 4,836,882
Other creditors 83,534 83,532
Taxation 211,730 176,941
VAT payable 17,736 20,142
Accruals and deferred income 22,193 2,000
5,167,561 5,243,873
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Chawla's Limited
Notes to the financial statements - continued
for the year ended 31 January 2026
8 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans 29,276 135,829
Other loans - 2,947,392
29,276 3,083,221
9 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025.
2026 2025
£ £
Chawla
Balance outstanding at start of year (4,836,881) (4,450,258)
Amounts advanced 545,700 167,390
Amounts repaid (441,687) (554,013)
Balance outstanding at end of year (4,732,868) (4,836,881)
Interest free
10 Light Investments Limited
During the year the inter company loan with Light Investments Limited was written off. Chawla’s Limited owns 100% of the shares in Light Investments Limited.
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