Company Registration No. 10447584 (England and Wales)
Lucy's Chips Norwich Limited
Unaudited accounts
for the year ended 31 October 2025
Lucy's Chips Norwich Limited
Unaudited accounts
Contents
Lucy's Chips Norwich Limited
Company Information
for the year ended 31 October 2025
Company Number
10447584 (England and Wales)
Registered Office
J H W Business Services Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
England
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Lucy's Chips Norwich Limited
Statement of financial position
as at 31 October 2025
Intangible assets
8,000
12,000
Tangible assets
3,150
4,198
Cash at bank and in hand
101
24,062
Creditors: amounts falling due within one year
(94,613)
(82,001)
Net current liabilities
(54,403)
(53,248)
Total assets less current liabilities
(43,253)
(37,050)
Creditors: amounts falling due after more than one year
-
(3,168)
Provisions for liabilities
Net liabilities
(44,041)
(41,268)
Called up share capital
100
100
Profit and loss account
(44,141)
(41,368)
Shareholders' funds
(44,041)
(41,268)
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 October 2026 and were signed on its behalf by
Kingston Gray
Director
Company Registration No. 10447584
Lucy's Chips Norwich Limited
Notes to the Accounts
for the year ended 31 October 2025
Lucy's Chips Norwich Limited is a private company, limited by shares, registered in England and Wales, registration number 10447584. The registered office is J H W Business Services Ltd, 13 The Close, Norwich, Norfolk, NR1 4DS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.
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 accounts. 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% Straight Line
Plant & machinery
25% Reducing Balance
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Lucy's Chips Norwich Limited
Notes to the Accounts
for the year ended 31 October 2025
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic resource than can be reasonably estimated.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 November 2024
6,840
18,399
25,239
At 31 October 2025
6,840
18,399
25,239
At 1 November 2024
6,840
14,201
21,041
Charge for the year
-
1,048
1,048
At 31 October 2025
6,840
15,249
22,089
At 31 October 2025
-
3,150
3,150
At 31 October 2024
-
4,198
4,198
Amounts falling due within one year
Amounts due from group undertakings etc.
37,402
-
Lucy's Chips Norwich Limited
Notes to the Accounts
for the year ended 31 October 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,491
4,000
Taxes and social security
480
1,641
Other creditors
58,995
58,995
Loans from directors
31,647
17,365
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 4 (2024: 3).