Pinkchip Ltd - Filleted accounts

Registered number

10372939

Pinkchip Ltd

Filleted Accounts

30 September 2025

Pinkchip Ltd
Registered number:		10372939
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,655,000			3,018,827

Current assets
Cash at bank and in hand		36,487			17,557

Creditors: amounts falling due within one year	4	(290,247)			(191,394)

Net current liabilities			(253,760)			(173,837)

Total assets less current liabilities			3,401,240			2,844,990

Creditors: amounts falling due after more than one year	5		(2,228,700)			(1,829,258)

Provisions for liabilities			(342,190)			(221,317)


Net assets			830,350			794,415

Capital and reserves
Called up share capital			102			102
Profit and loss account			830,248			794,313

Shareholders' funds			830,350			794,415

The directors are 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 directors acknowledge their 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.




M Pereira
Director
Approved by the board on 19 June 2026

Pinkchip Ltd
Notes to the Accounts
for the year ended 30 September 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 (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Investment properties	No provision

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Investment properties
£
	Cost
	At 1 October 2024				3,018,827
	Additions				514,858
	Surplus on revaluation				121,315
	At 30 September 2025				3,655,000

	Depreciation
	At 30 September 2025				-

	Net book value
	At 30 September 2025				3,655,000
	At 30 September 2024				3,018,827


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

	Bank loans and overdrafts		19,413		30,813
	Director's loan		259,175		159,523
	Taxation and social security costs		10,219		-
	Accruals		1,440		1,058
			290,247		191,394


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

	Bank loans		2,204,538		1,815,401
	Other creditors		24,162		13,857
			2,228,700		1,829,258


6	Retained earnings

	The split of retained earnings between distributable and non-distributable is as follows:

		Distributable	Non-distributable		Total
		£	£		£

	As at 1 October 2024	224,808	569,505		794,313
	Profit for financial year	35,493			35,493
	Property revaluation movement		121,315		121,315
	Interest rate swap adjustment				-
	Deferred tax on investment property		(120,873)		(120,873)
	Deferred tax on interest swap				-

		260,301	569,947		830,248

7	Other information

	Pinkchip Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Parker House,
	44 Stafford Road,
	Wallington,
	Surrey,
	SM6 9AA