Chalo Holiday Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 07303708 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

FOR

CHALO HOLIDAY LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

DIRECTOR:

R A Jaiswal

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

07303708 (England and Wales)

ACCOUNTANTS:

STGCA LLP t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Chalo Holiday Limited for the year ended 31 July 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Chalo Holiday Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Chalo Holiday Limited and state those matters that we have agreed to state to the director of Chalo Holiday Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chalo Holiday Limited and its director for our work or for this report.

It is your duty to ensure that Chalo Holiday Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Chalo Holiday Limited. You consider that Chalo Holiday Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Chalo Holiday Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

STGCA LLP t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

10 March 2023

FIXED ASSETS

226

337

CURRENT ASSETS

265,071

87,798

CREDITORS

Amounts falling due within one year

(294,311

)

(76,819

)

NET CURRENT (LIABILITIES)/ASSETS

(29,240

)

10,979

TOTAL ASSETS LESS CURRENT LIABILITIES

(29,014

)

11,316

CREDITORS

Amounts falling due after more than one year

37,938

40,000

NET LIABILITIES

(66,952

)

(28,684

)

CAPITAL AND RESERVES

(66,952

)

(28,684

)

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2021 - 2 ) .

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company paid no dividends(2021 : Nil) to the director.

3.	OTHER FINANCIAL COMMITMENTS

Included in Creditors Due more than one year is Business Bounce Back loan of £50,000.00 The loan is repayable in 6 years with the rate of interest fixed at 2.50% per annum starting 13 months after the first drawdown. First drawdown date is 13 July 2020. Interest due for the first 12 months is paid by the UK government as grant also known as business interruption payment.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 10 March 2023 and were signed by:

R A Jaiswal - Director