Company No: 04806356 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Dominic David Frederick Henry Arend
	David Cantrill
	Jonathan Peter Chick
	Nathan Gary Christie (Appointed 01 February 2025)
	Robin Crowther
	Ross Findlay
	Richard Woodman (Appointed 01 February 2025)

SECRETARY

Stephanie Jane Chick

REGISTERED OFFICE	7 Museum Street
	Ipswich
	Suffolk
	IP1 1HQ
	United Kingdom

COMPANY NUMBER

04806356 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	5,878		7,039
		5,878		7,039
Current assets
Stocks	5	100,000		100,000
Debtors	6	2,362,509		2,196,844
Cash at bank and in hand		196,849		208,178
		2,659,358		2,505,022
Creditors: amounts falling due within one year	7	( 456,077)		( 482,089)
Net current assets		2,203,281		2,022,933
Total assets less current liabilities		2,209,159		2,029,972
Creditors: amounts falling due after more than one year	8	( 7,118)		( 16,610)
Provision for liabilities	9	( 1,470)		( 1,760)
Net assets		2,200,571		2,011,602
Capital and reserves
Called-up share capital		2		2
Profit and loss account		2,200,569		2,011,600
Total shareholders' funds		2,200,571		2,011,602

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of JP Chick & Partners Limited (registered number: 04806356) were approved and authorised for issue by the Board of Directors on 22 December 2025. They were signed on its behalf by:

Jonathan Peter Chick Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

JP Chick & Partners Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 7 Museum Street, Ipswich, Suffolk, IP1 1HQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Office equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	39		43

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 August 2024	150,000		150,000
At 31 July 2025	150,000		150,000
Accumulated amortisation
At 01 August 2024	150,000		150,000
At 31 July 2025	150,000		150,000
Net book value
At 31 July 2025	0		0
At 31 July 2024	0		0

4. Tangible assets

	Plant and machinery		Office equipment		Total
	£		£		£
Cost
At 01 August 2024	4,500		133,074		137,574
At 31 July 2025	4,500		133,074		137,574
Accumulated depreciation
At 01 August 2024	3,454		127,081		130,535
Charge for the financial year	262		899		1,161
At 31 July 2025	3,716		127,980		131,696
Net book value
At 31 July 2025	784		5,094		5,878
At 31 July 2024	1,046		5,993		7,039

5. Stocks

	2025		2024
	£		£
Work in progress	100,000		100,000

6. Debtors

	2025		2024
	£		£
Trade debtors	770,096		713,359
Corporation tax	311,507		284,021
Other debtors	1,280,906		1,199,464
	2,362,509		2,196,844

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	9,492		16,008
Trade creditors	60,672		59,632
Taxation and social security	370,176		384,406
Other creditors	15,737		22,043
	456,077		482,089

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

	2025		2024
	£		£
Bank loans	7,118		16,610

There are no amounts included above in respect of which any security has been given by the small entity.

9. Provision for liabilities

	2025		2024
	£		£
Other provisions	1,470		1,760

10. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Balance at start of year	1,199,464		1,113,071
Amounts advanced	281,442		286,393
Amounts repaid	(200,000)		(200,000)
Balance at year end	1,280,906		1,199,464

The company was under the control of Mr and Mrs Chick throughout the current year by virtue of their joint
shareholding. Mr Chick is the managing director.

Amounts owed by the Director to the company are shown in the Debtors note above.

During the year dividends were paid to Mr Chick of £100,000 (2024 - £100,000).

No further transactions with related parties were undertaken such as are required to be disclosed under Financial
Reporting Standard 102 Section 1A (September 2015).