CHILLAIRE LIMITED

Company Registration Number:
02686557 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

CHILLAIRE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Notes

CHILLAIRE LIMITED

Balance sheet

As at 28 February 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 127,014 139,049
Total fixed assets: 127,014 139,049
Current assets
Stocks: 132,618 155,567
Debtors:   197,007 382,378
Cash at bank and in hand: 332,216 153,408
Total current assets: 661,841 691,353
Creditors: amounts falling due within one year: 4 (420,397) (606,848)
Net current assets (liabilities): 241,444 84,505
Total assets less current liabilities: 368,458 223,554
Creditors: amounts falling due after more than one year: 5 (188,232) (81,894)
Provision for liabilities: (32,000) (16,000)
Total net assets (liabilities): 148,226 125,660
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 148,026 125,460
Shareholders funds: 148,226 125,660

The notes form part of these financial statements

CHILLAIRE LIMITED

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 November 2025
and signed on behalf of the board by:

Name: Mr J S Thandi
Status: Director

The notes form part of these financial statements

CHILLAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Income from maintenance contracts is recognised over the period of the contracts.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery-20% on reducing balance Fixtures and fittings-20% on reducing balance Motor vehicles-25% on reducing balance

Valuation and information policy

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

Other accounting policies

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.

CHILLAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

2. Employees

2025 2024
Average number of employees during the period 13 14

CHILLAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible Assets

Total
Cost £
At 29 February 2024 324,027
Additions 36,626
Disposals (14,990)
At 28 February 2025 345,663
Depreciation
At 29 February 2024 184,978
Charge for year 40,229
On disposals (6,558)
At 28 February 2025 218,649
Net book value
At 28 February 2025 127,014
At 28 February 2024 139,049

CHILLAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Creditors: amounts falling due within one year note

Secured debts-The following secured debts are included within creditors. Hire purchase contracts £29,692 (2024-£31,444). Advance against trade debtors £ Nil (2024-£120,856)

CHILLAIRE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Creditors: amounts falling due after more than one year note

Secured debts-The following secured debts are included within creditors. Hire purchase contracts £51,056 (2024-£52,726).