1 June 2023 false No description of principal activity Taxfiler 2024.6 14082208business:PrivateLimitedCompanyLtd2023-06-012024-05-31 140822082023-05-31 140822082023-06-012024-05-31 14082208business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 14082208business:FilletedAccounts2023-06-012024-05-31 140822082024-05-31 14082208business:Director12023-06-012024-05-31 14082208business:RegisteredOffice2023-06-012024-05-31 140822082023-05-31 14082208core:WithinOneYear2024-05-31 14082208core:WithinOneYear2023-05-31 14082208core:AfterOneYear2024-05-31 14082208core:AfterOneYear2023-05-31 14082208core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14082208core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14082208core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14082208core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14082208core:PreviouslyStatedAmount2024-05-31 14082208core:PreviouslyStatedAmount2023-05-31 14082208business:SmallEntities2023-06-012024-05-31 14082208countries:EnglandWales2023-06-012024-05-31 14082208core:PlantMachinery2023-05-31 14082208core:MotorVehicles2023-05-31 14082208core:FurnitureFittings2023-05-31 14082208core:ComputerEquipment2023-05-31 14082208core:PlantMachinery2023-06-012024-05-31 14082208core:MotorVehicles2023-06-012024-05-31 14082208core:FurnitureFittings2023-06-012024-05-31 14082208core:ComputerEquipment2023-06-012024-05-31 14082208core:PlantMachinery2024-05-31 14082208core:MotorVehicles2024-05-31 14082208core:FurnitureFittings2024-05-31 14082208core:ComputerEquipment2024-05-31 140822082022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14082208 (England and Wales)
The Chop Shop N.e Ltd Unaudited accounts for the year ended 31 May 2024
The Chop Shop N.e Ltd Unaudited accounts Contents
Page
- 2 -
The Chop Shop N.e Ltd Company Information for the year ended 31 May 2024
Director
Christopher Andrew Lamb
Company Number
14082208 (England and Wales)
Registered Office
The Chop Shop Hownsgill Drive Delves Lane Industrial Estate Consett DH8 9HU United Kingdom
Accountants
Bibby Accounts Limited 2 Station Cottages Shotley Bridge Consett County Durham DH8 0NG
- 3 -
The Chop Shop N.e Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
95,604 
87,612 
Current assets
Debtors
2,175 
9,222 
Cash at bank and in hand
6,619 
1,216 
8,794 
10,438 
Creditors: amounts falling due within one year
(40,940)
(6,689)
Net current (liabilities)/assets
(32,146)
3,749 
Total assets less current liabilities
63,458 
91,361 
Creditors: amounts falling due after more than one year
9,582 
(120,107)
Net assets/(liabilities)
73,040 
(28,746)
Capital and reserves
Called up share capital
(1)
(1)
Profit and loss account
73,041 
(28,745)
Shareholders' funds
73,040 
(28,746)
For the year ending 31 May 2024 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 15 November 2024 and were signed on its behalf by
Christopher Andrew Lamb Director Company Registration No. 14082208
- 4 -
The Chop Shop N.e Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
The Chop Shop N.e Ltd is a private company, limited by shares, registered in England and Wales, registration number 14082208. The registered office is The Chop Shop Hownsgill Drive, Delves Lane Industrial Estate, Consett, DH8 9HU, 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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2023
29,422 
56,599 
2,950 
125 
89,096 
Additions
18,793 
24,000 
- 
- 
42,793 
Disposals
- 
(23,850)
- 
- 
(23,850)
At 31 May 2024
48,215 
56,749 
2,950 
125 
108,039 
Depreciation
At 1 June 2023
490 
943 
49 
2 
1,484 
Charge for the year
4,340 
8,348 
435 
18 
13,141 
On disposals
- 
(2,190)
- 
- 
(2,190)
At 31 May 2024
4,830 
7,101 
484 
20 
12,435 
Net book value
At 31 May 2024
43,385 
49,648 
2,466 
105 
95,604 
At 31 May 2023
28,932 
55,656 
2,901 
123 
87,612 
- 5 -
The Chop Shop N.e Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
4,362 
Trade debtors
2,175 
4,860 
2,175 
9,222 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,929 
- 
Obligations under finance leases and hire purchase contracts
- 
6,689 
Taxes and social security
11,960 
- 
Other creditors
24,051 
- 
40,940 
6,689 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
(9,582)
120,107 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -