1 October 2022 false No description of principal activity Taxfiler 2024.5 SC194727business:PrivateLimitedCompanyLtd2022-10-012023-09-30 SC1947272022-09-30 SC1947272022-10-012023-09-30 SC194727business:AuditExempt-NoAccountantsReport2022-10-012023-09-30 SC194727business:FilletedAccounts2022-10-012023-09-30 SC1947272023-09-30 SC194727business:Director12022-10-012023-09-30 SC194727business:RegisteredOffice2022-10-012023-09-30 SC1947272022-09-30 SC194727core:WithinOneYear2023-09-30 SC194727core:WithinOneYear2022-09-30 SC194727core:AfterOneYear2023-09-30 SC194727core:AfterOneYear2022-09-30 SC194727core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC194727core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 SC194727core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC194727core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 SC194727core:PreviouslyStatedAmount2023-09-30 SC194727core:PreviouslyStatedAmount2022-09-30 SC194727business:SmallEntities2022-10-012023-09-30 SC194727countries:Scotland2022-10-012023-09-30 SC194727core:LandBuildings2022-10-012023-09-30 SC194727core:PlantMachinery2022-10-012023-09-30 SC194727core:MotorVehicles2022-10-012023-09-30 SC194727core:LandBuildings2022-09-30 SC194727core:PlantMachinery2022-09-30 SC194727core:MotorVehicles2022-09-30 SC194727core:LandBuildings2023-09-30 SC194727core:PlantMachinery2023-09-30 SC194727core:MotorVehicles2023-09-30 SC1947272021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC194727 (Scotland)
Chictrade Limited Unaudited accounts for the year ended 30 September 2023
Chictrade Limited Unaudited accounts Contents
Page
- 2 -
Chictrade Limited Company Information for the year ended 30 September 2023
Director
Mr David Booth
Company Number
SC194727 (Scotland)
Registered Office
Abercorn, Auchtertyre Balmacara Kyle IV40 8EG United Kingdom
Accountants
Callan Accountancy 21 - 23 Woodside Place Glasgow G3 7QF
- 3 -
Chictrade Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
681,367 
537,523 
Current assets
Inventories
415,821 
119,310 
Debtors
140,335 
138,073 
Cash at bank and in hand
141,163 
10,622 
697,319 
268,005 
Creditors: amounts falling due within one year
(1,064,161)
(513,908)
Net current liabilities
(366,842)
(245,903)
Total assets less current liabilities
314,525 
291,620 
Creditors: amounts falling due after more than one year
(211,018)
(204,866)
Net assets
103,507 
86,754 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
103,505 
86,752 
Shareholders' funds
103,507 
86,754 
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 June 2024 and were signed on its behalf by
Mr David Booth Director Company Registration No. SC194727
- 4 -
Chictrade Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Chictrade Limited is a private company, limited by shares, registered in Scotland, registration number SC194727. The registered office is Abercorn, Auchtertyre, Balmacara, Kyle, IV40 8EG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
SLM (Depreciated over 46 years lease period)
Plant & machinery
20 % RBM
Motor vehicles
25 % RBM
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2022
61,595 
236,562 
532,315 
830,472 
Additions
- 
21,750 
263,967 
285,717 
At 30 September 2023
61,595 
258,312 
796,282 
1,116,189 
Depreciation
At 1 October 2022
31,467 
112,990 
148,492 
292,949 
Charge for the year
1,339 
25,614 
114,920 
141,873 
At 30 September 2023
32,806 
138,604 
263,412 
434,822 
Net book value
At 30 September 2023
28,789 
119,708 
532,870 
681,367 
At 30 September 2022
30,128 
123,572 
383,823 
537,523 
- 5 -
Chictrade Limited Notes to the Accounts for the year ended 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
128,808 
69,546 
Deferred tax asset
6,527 
6,527 
Other debtors
5,000 
62,000 
140,335 
138,073 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
18,117 
20,000 
VAT
(44,831)
330 
Obligations under finance leases and hire purchase contracts
94,726 
54,788 
Trade creditors
532,341 
353,615 
Taxes and social security
10,963 
16,066 
Other creditors
249,167 
- 
Loans from directors
202,178 
67,609 
Accruals
1,500 
1,500 
1,064,161 
513,908 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
50,289 
64,124 
Obligations under finance leases and hire purchase contracts
160,729 
140,742 
211,018 
204,866 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -