CHIMPRIGS LTD

Company Registration Number:
12994131 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

CHIMPRIGS LTD

Company Information

for the Period Ended 30 November 2024




Director: David Perryman
Registered office: 85
Pinfold Lane
Bridlington
GBR
YO16 6XT
Company Registration Number: 12994131 (England and Wales)

CHIMPRIGS LTD

Directors' Report Period Ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal Activities

Fishing tackle sales

Political and charitable donations

Nonw

Directors

The directors shown below have held office during the whole of the period from 01 December 2023 to 30 November 2024
David Perryman

This report was approved by the board of directors on 1 December 2024
And Signed On Behalf Of The Board By:

Name: David Perryman
Status: Director

CHIMPRIGS LTD

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£

2023
£
Turnover 36,100 34,259
Cost of sales ( 23,198 ) ( 18,925 )
Gross Profit or (Loss) 12,902 15,334
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 1,586 ) ( 5,167 )
Administrative Expenses ( 1,394 ) -
Operating Profit or (Loss) 9,922 10,167
Interest Receivable and Similar Income 0 -
Interest Payable and Similar Charges ( 0 ) -
Profit or (Loss) Before Tax 4 9,922 10,167
Profit or (Loss) for Period 9,922 10,167

The notes form part of these financial statements

CHIMPRIGS LTD

Balance sheet

As at 30 November 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 5 270
Tangible assets: 6 96,426 455
Total fixed assets: 96,696 455
Current assets
Stocks: 38,081 31,790
Cash at bank and in hand: 1,412 3,173
Total current assets: 39,493 34,963
Prepayments and accrued income: 360
Net current assets (liabilities): 39,853 34,963
Total assets less current liabilities: 136,549 35,418
Creditors: amounts falling due after more than one year: 7 ( 108,314 ) ( 16,825 )
Total net assets (liabilities): 28,235 18,593

The notes form part of these financial statements

CHIMPRIGS LTD

Balance sheet continued

As at 30 November 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 28,234 18,592
Shareholders funds: 28,235 18,593

For the year ending 30 November 2024 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.

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

This report was approved by the board of directors on 1 December 2024
And Signed On Behalf Of The Board By:

Name: David Perryman
Status: Director

The notes form part of these financial statements

CHIMPRIGS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

CHIMPRIGS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

    Only 1 Director

CHIMPRIGS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

CHIMPRIGS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4.Profit or (Loss) before tax

Reduction in gross margin mainly due to advertising in 'The Sea Angler' fishing magazine.

CHIMPRIGS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Intangible assets

Other Total
Cost £ £
At 01 December 2023 0 0
Additions 300 300
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2024 300 300
Amortisation
Amortisation at 01 December 2023 - -
Charge for year 30 30
On disposals - -
Other adjustments - -
Amortisation at 30 November 2024 30 30
Net book value
Net book value at 30 November 2024 270 270
Net book value at 30 November 2023 0 0

IPO: Trademark for C-Rigs and Harry the Worm

CHIMPRIGS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Tangible assets

Plant & machinery Total
Cost £ £
At 01 December 2023 455 455
Additions 104,285 104,285
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2024 104,740 104,740
Depreciation
At 01 December 2023 - -
Charge for year 8,314 8,314
On disposals - -
Other adjustments - -
At 30 November 2024 8,314 8,314
Net book value
At 30 November 2024 96,426 96,426
At 30 November 2023 455 455

Depreciation on Rental Bikes up to Gross Margin for the year. the rest is carried over to 2024/25.

CHIMPRIGS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 108,314 16,825
Total 108,314 16,825

Creditors due after 1 year: Loan from director for stock and shop purchase.