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Registered number: 14113908
GOLDEN CHARIOT PRIVATE LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2026
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GOLDEN CHARIOT PRIVATE LIMITED
REGISTERED NUMBER: 14113908
BALANCE SHEET
AS AT 31 MARCH 2026
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year (restated)
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 October 2026.
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GOLDEN CHARIOT PRIVATE LIMITED
REGISTERED NUMBER: 14113908
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2026
The notes on pages 3 to 8 form part of these financial statements.
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GOLDEN CHARIOT PRIVATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Golden Chariot Private Limited is a private company limited by shares and incorporated in England and Wales (registered number 14113908). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
As at 31 March 2026, the company had net current liabilities of £1,902,307 (2025: restated £1,074,566). The immediate parent company, SBM international Private Limited has confirmed that they will continue to provide ongoing financial support to enable the company to meet its liabilities as they fall due for the forseeable future. On this basis, the directors consider it is appropriate to prepare the financial statements on the going concern basis.
Interest income is recognised in profit or loss using the effective interest method.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
Investments in subsidiaries are measured at cost less accumulated impairment.
Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
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GOLDEN CHARIOT PRIVATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase. Work in progress and finished goods include labour and attributable overheads.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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The average monthly number of employees, including directors, during the year was 4 (2025 - 4).
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Other interest receivable
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GOLDEN CHARIOT PRIVATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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Interest payable and similar expenses
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Other loan interest payable
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GOLDEN CHARIOT PRIVATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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Amounts owed by group undertakings
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Accruals and deferred income
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GOLDEN CHARIOT PRIVATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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Creditors: Amounts falling due after more than one year
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The bank loan, previously included within creditors: amounts falling due within one year, has been reclassified to creditors: amounts falling due after more than one year to reflect its contractual maturity date of 21 September 2048. The reclassification has no effect on the reported profit, net assets or shareholders' funds.
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Analysis of the maturity of loans is given below:
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Amounts falling due after more than 5 years
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The bank loan, previously included within creditors: amounts falling due within one year, has been reclassified to creditors: amounts falling due after more than one year to reflect its contractual maturity date of 21 September 2048. The reclassification has no effect on the reported profit, net assets or shareholders' funds
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Post balance sheet events
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There have been no material events since the end of the reporting date which would require additional
disclosures or adjustments to be made in the financial statements for the period ended 31 March 2026.
The immediate parent undertaking is SBM International Private Limited registered in England and Wales. The ultimate controlling party is Mrs. Sonica Malhotra Kandhari, Mrs. Monica Kandhari and Mrs. Satish Bala Malhotra by virtue of their shareholdings in ultimate parent undertaking.
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GOLDEN CHARIOT PRIVATE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
The auditors' report on the financial statements for the year ended 31 March 2026 was unqualified.
The audit report was signed on 28 October 2026 by (Senior Statutory Auditor) on behalf of Harris & Trotter LLP.
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