Pip the Chip Limited - Filleted accounts

Registered number

09398211

Pip the Chip Limited

Accounts

For the Year ended

31 January 2025

Oakensen

Chartered Accountants

Bryer Ash Business Park

Trowbridge

Wiltshire

BA14 8HE

Pip the Chip Limited
Registered number:		09398211
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		385			639

Current assets
Debtors	4	15,373			13,419
Cash at bank and in hand		58			93
		15,431			13,512

Creditors: amounts falling due within one year	5	(14,904)			(13,282)

Net current assets			527			230

Net assets			912			869

Capital and reserves
Called up share capital			100			100
Profit and loss account			812			769

Shareholders' funds			912			869

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P M Martin
Director
Approved by the board on 27 October 2025

Pip the Chip Limited
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is recognised when the work has been completed.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	5 years
	Office equipment	7 years

	Debtors
	Short term debtors are measured at transaction price,which is usually the invoice price, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price, which is usually the invoice price.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1

3	Tangible fixed assets
		Office Equipment		Plant and machinery		Total
£			£		£
	Cost
	At 1 February 2024	500		7,041		7,541
	At 31 January 2025	500		7,041		7,541

	Depreciation
	At 1 February 2024	499		6,403		6,902
	Charge for the year	-		254		254
	At 31 January 2025	499		6,657		7,156

	Net book value
	At 31 January 2025	1		384		385
	At 31 January 2024	1		638		639



4	Debtors			2025		2024
£					£

	Other debtors			15,373		13,419


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			-		1,151
	Taxation and social security costs			12,858		10,333
	Other creditors			2,046		1,798
				14,904		13,282


6	Other information

	Pip the Chip Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Bryer Ash Business Park
	Trowbridge
	Wiltshire
	BA14 8HE