18 October 2023 false No description of principal activity Taxfiler 2024.6 15219004 business:PrivateLimitedCompanyLtd 2023-10-18 2025-02-28 15219004 2023-10-17 15219004 2023-10-18 2025-02-28 15219004 business:AuditExemptWithAccountantsReport 2023-10-18 2025-02-28 15219004 business:FilletedAccounts 2023-10-18 2025-02-28 15219004 2025-02-28 15219004 business:Director1 2023-10-18 2025-02-28 15219004 business:RegisteredOffice 2023-10-18 2025-02-28 15219004 core:WithinOneYear 2025-02-28 15219004 core:AfterOneYear 2025-02-28 15219004 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 15219004 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 15219004 core:PreviouslyStatedAmount 2025-02-28 15219004 business:SmallEntities 2023-10-18 2025-02-28 15219004 countries:EnglandWales 2023-10-18 2025-02-28 15219004 core:PlantMachinery 2023-10-18 2025-02-28 15219004 core:MotorVehicles 2023-10-18 2025-02-28 15219004 core:PlantMachinery 2023-10-17 15219004 core:MotorVehicles 2023-10-17 15219004 core:PlantMachinery 2025-02-28 15219004 core:MotorVehicles 2025-02-28 15219004 core:AfterOneYear 2023-10-18 2025-02-28 iso4217:GBP xbrli:pure
Company Registration No. 15219004 (England and Wales)
Chic Concept Group Ltd Accounts for the period from 18 October 2023 to 28 February 2025
Chic Concept Group Ltd Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Chic Concept Group Ltd Company Information for the period from 18 October 2023 to 28 February 2025
Director
Mr Z Nana
Company Number
15219004 (England and Wales)
Registered Office
450A Bradford Road Batley WF17 5LW United Kingdom
Accountants
CGI Accountants Ltd Branch House 31-33 Branch Road Batley West Yorkshire WF17 5SB
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Chic Concept Group Ltd Statement of financial position as at 28 February 2025
2025
Notes
£
Fixed assets
Tangible assets
4
2,398
Current assets
Inventories
11,500
Debtors
5
2,531
Cash at bank and in hand
63,489
77,520
Creditors: amounts falling due within one year
6
(41,127)
Net current assets
36,393
Total assets less current liabilities
38,791
Creditors: amounts falling due after more than one year
7
(31,044)
Net assets
7,747
Capital and reserves
Called up share capital
100
Profit and loss account
7,647
Shareholders' funds
7,747
For the period ending 28 February 2025 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 19 September 2025 and were signed on its behalf by
Mr Z Nana Director Company Registration No. 15219004
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Chic Concept Group Ltd Notes to the Accounts for the period from 18 October 2023 to 28 February 2025
1
Statutory information
Chic Concept Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 15219004. The registered office is 450A Bradford Road, Batley, WF17 5LW, 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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Chic Concept Group Ltd Notes to the Accounts for the period from 18 October 2023 to 28 February 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 18 October 2023
-
-
-
Additions
420
2,750
3,170
At 28 February 2025
420
2,750
3,170
Depreciation
Charge for the period
84
688
772
At 28 February 2025
84
688
772
Net book value
At 28 February 2025
336
2,062
2,398
5
Debtors
2025
£
Amounts falling due within one year
Trade debtors
2,531
6
Creditors: amounts falling due within one year
2025
£
VAT
10,345
Trade creditors
24,772
Taxes and social security
1,231
Other creditors
4,779
41,127
7
Creditors: amounts falling due after more than one year
2025
£
Loans from directors
31,044
Included within 'creditors - amounts falling due after one year' is a balance of £31044 due to the director. The loan is unsecured, interest free and has no fixed date for repayment.
8
Transactions with related parties
The company has taken advantage of FRS 102, section 33 and has chosen not to disclose related party transactions within the group.
9
Controlling party
By virtue of ownership of the entire issued share capital, Chic Holdings Ltd (CRN:15626377) a company registered in England & Wales is the ultimate parent company. The registered office address of the parent undertaking is 450A Bradford Road, Batley, West Yorkshire, WF17 5LW
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Chic Concept Group Ltd Notes to the Accounts for the period from 18 October 2023 to 28 February 2025
10
Average number of employees
During the period the average number of employees was 1.
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