CHIPI LIMITED - Accounts

CHIPI LIMITED
Statement of Financial Position
As at 31 January 2026

	2026		2025
	£	£	£	£
Fixed assets		0		132,603
Current assets	645		1,120
Net current assets		645		1,120
Total assets less current liabilities		645		133,723
Creditors: amount falling due after more than one year		(1,099)		(133,701)
Net assets		(454)		22


Capital and reserves		(454)		22

NOTES TO THE ACCOUNTS

General Information

CHIPI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15441243, registration address 72 FREEHOLD STREET, HULL ENGLAND, HU3 1RD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – 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.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

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:

2.	Average number of employees Average number of employees during the period was 0 (2025 : 0).

For the year ended 31 January 2026 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 accounts for the year in question 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 accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the board of directors on 25 October 2026 and were signed on its behalf by:

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Orhan TICIC
Director