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Company Registration No. 11648763 (England and Wales)
CHIKONOMICS LTD Unaudited accounts for the year ended 31 October 2024
CHIKONOMICS LTD Unaudited accounts Contents
Page
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CHIKONOMICS LTD Company Information for the year ended 31 October 2024
Director
Chi Hang LI
Company Number
11648763 (England and Wales)
Registered Office
46c Hemstal Road London NW6 2AJ
Accountants
My Accountancy Team Limited 22 Woodford Avenue Ilford Essex IG2 6 XG
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CHIKONOMICS LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
352,358 
360,860 
Current assets
Cash at bank and in hand
2,630 
1,795 
Creditors: amounts falling due within one year
(346,662)
(357,457)
Net current liabilities
(344,032)
(355,662)
Net assets
8,326 
5,198 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,325 
5,197 
Shareholders' funds
8,326 
5,198 
For the year ending 31 October 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 her 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 10 July 2025 and were signed on its behalf by
Chi Hang LI Director Company Registration No. 11648763
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CHIKONOMICS LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
CHIKONOMICS LTD is a private company, limited by shares, registered in England and Wales, registration number 11648763. The registered office is 46c Hemstal Road, London, NW6 2AJ.
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
2%from the year after purchase
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2023
396,652 
At 31 October 2024
396,652 
Depreciation
At 1 November 2023
35,792 
Charge for the year
8,502 
At 31 October 2024
44,294 
Net book value
At 31 October 2024
352,358 
At 31 October 2023
360,860 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
75 
2,035 
Taxes and social security
2,721 
1,842 
Loans from directors
343,866 
353,580 
346,662 
357,457 
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CHIKONOMICS LTD Notes to the Accounts for the year ended 31 October 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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