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Registered Number: 16042850


 

 

 

CHIC GOODS LIMITED



Abridged Accounts
 


Period of accounts

Start date: 26 October 2024

End date: 31 October 2025
 
 
Notes
 
2025
£
Fixed assets    
Tangible fixed assets 3 407 
407 
Current assets    
Stocks 8,597 
Cash at bank and in hand 1,808 
10,405 
Creditors: amount falling due within one year (11,412)
Net current assets (1,007)
 
Total assets less current liabilities (600)
Net assets (600)
 

Capital and reserves
   
Called up share capital 4 1 
Profit and loss account (601)
Shareholders' funds (600)
 


For the period ended 31 October 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  2. The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 16 July 2026 and were signed by:


-------------------------------
Shu Wan Pun
Director
1
General Information
Chic Goods Limited is a private company, limited by shares, registered in , registration number 16042850, registration address 29 Navigators Road, Birmingham, B27 6SX.

The presentation currency is £ sterling.
1.

Accounting policies

Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the companys activities.Turnover is shown net of sales/value added tax, returns, rebates and discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 33.33% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the period was 0.
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 26 October 2024  
Additions 472    472 
Disposals  
At 31 October 2025 472    472 
Depreciation
At 26 October 2024  
Charge for period 65    65 
On disposals  
At 31 October 2025 65    65 
Net book values
Closing balance as at 31 October 2025 407    407 
Opening balance as at 26 October 2024  


4.

Share Capital

Allotted, called up and fully paid
2025
£
1 Class A share of £1.00 each

2