United Chip Company Limited 06003549 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is take away food shop. Digita Accounts Production Advanced 6.30.9574.0 true 06003549 2024-10-01 2025-09-30 06003549 2025-09-30 06003549 core:RetainedEarningsAccumulatedLosses 2025-09-30 06003549 core:ShareCapital 2025-09-30 06003549 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2025-09-30 06003549 core:CurrentFinancialInstruments 2025-09-30 06003549 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 06003549 core:Non-currentFinancialInstruments 2025-09-30 06003549 core:Non-currentFinancialInstruments core:AfterOneYear 2025-09-30 06003549 core:FurnitureFittingsToolsEquipment 2025-09-30 06003549 core:MotorVehicles 2025-09-30 06003549 core:OtherPropertyPlantEquipment 2025-09-30 06003549 bus:SmallEntities 2024-10-01 2025-09-30 06003549 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 06003549 bus:FilletedAccounts 2024-10-01 2025-09-30 06003549 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 06003549 bus:RegisteredOffice 2024-10-01 2025-09-30 06003549 bus:Director3 2024-10-01 2025-09-30 06003549 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 06003549 bus:Agent1 2024-10-01 2025-09-30 06003549 core:FurnitureFittings 2024-10-01 2025-09-30 06003549 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 06003549 core:MotorVehicles 2024-10-01 2025-09-30 06003549 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 06003549 core:PlantMachinery 2024-10-01 2025-09-30 06003549 countries:EnglandWales 2024-10-01 2025-09-30 06003549 2024-09-30 06003549 core:FurnitureFittingsToolsEquipment 2024-09-30 06003549 core:MotorVehicles 2024-09-30 06003549 core:OtherPropertyPlantEquipment 2024-09-30 06003549 2023-10-01 2024-09-30 06003549 2024-09-30 06003549 core:RetainedEarningsAccumulatedLosses 2024-09-30 06003549 core:ShareCapital 2024-09-30 06003549 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-09-30 06003549 core:CurrentFinancialInstruments 2024-09-30 06003549 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 06003549 core:Non-currentFinancialInstruments 2024-09-30 06003549 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 06003549 core:FurnitureFittingsToolsEquipment 2024-09-30 06003549 core:MotorVehicles 2024-09-30 06003549 core:OtherPropertyPlantEquipment 2024-09-30 iso4217:GBP xbrli:pure

Registration number: 06003549

United Chip Company Limited
Unaudited Financial Statements
for the Year Ended 30 September 2025

United Chip Company Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

United Chip Company Limited

Company Information

Director | Mr NK Chapman

Registered office | 163 Main Road Shavington Crewe Cheshire CW2 5DP

Accountants | Alextra Group Limited Chartered Certified Accountants7-9 Macon Court Crewe Cheshire CW1 6EA

United Chip Company Limited

(Registration number: 06003549)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 93,118 | 96,335
Current assets |  |  |
Stocks | 5 | 3,500 | 3,000
Debtors | 6 | 2,803 | 2,803
Cash at bank and in hand |  | 61,651 | 102,634
|  | 67,954 | 108,437
Creditors: Amounts falling due within one year | 7 | (81,107) | (96,812)
Net current (liabilities)/assets |  | (13,153) | 11,625
Total assets less current liabilities |  | 79,965 | 107,960
Creditors: Amounts falling due after more than one year | 7 | (21,967) | (38,910)
Provisions for liabilities |  | (23,280) | (24,084)
Net assets |  | 34,718 | 44,966
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 34,618 | 44,866
Shareholders' funds |  | 34,718 | 44,966

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 December 2025

United Chip Company Limited

(Registration number: 06003549)
Balance Sheet as at 30 September 2025

......................................... Mr NK Chapman Director

United Chip Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
163 Main Road
Shavington
Crewe
Cheshire
CW2 5DP

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

United Chip Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, fittings and equipment | 15% and 25% on written down value
Plant and machinery | 25% on written down value

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

United Chip Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 12 (2024 - 12).

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Plant and machinery £ | Total £
Cost or valuation
At 1 October 2024 | 83,802 | - | 77,789 | 161,591
Additions | 207 | 18,625 | - | 18,832
At 30 September 2025 | 84,009 | 18,625 | 77,789 | 180,423
Depreciation
At 1 October 2024 | 25,671 | - | 39,585 | 65,256
Charge for the year | 8,775 | 3,725 | 9,549 | 22,049
At 30 September 2025 | 34,446 | 3,725 | 49,134 | 87,305
Carrying amount
At 30 September 2025 | 49,563 | 14,900 | 28,655 | 93,118
At 30 September 2024 | 58,131 | - | 38,204 | 96,335

Included within plant and machinery are assets with a net book value of £35,327 (2023: £47,102) which are held under hire purchase contracts.

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 3,500 | 3,000

United Chip Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6 | Debtors

| 2025 £ | 2024 £
Prepayments | 2,803 | 2,803
| 2,803 | 2,803

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 3,514 | 11,417
Trade creditors |  | 1,339 | 3,088
Taxation and social security |  | 53,315 | 45,513
Accruals and deferred income |  | 11,718 | 11,565
Other creditors |  | 11,221 | 25,229
|  | 81,107 | 96,812

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 21,967 | 38,910

United Chip Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 3,514
Hire purchase contracts | 21,967 | 35,396
| 21,967 | 38,910

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 3,514 | 5,167
Other borrowings | - | 6,250
| 3,514 | 11,417

The bank borrowings included within Loans and borrowings is secured by guarantee of the UK Government under the Bounce Back Loan Scheme.
Hire purchase liabilities are secured against the assets to which they relate.