Registration number: 13833749

Castle Chippy Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Castle Chippy Ltd

Company Information

Director

Mr Daniel Kieron George Bone

Registered office

51 Moor Lane Clitheroe Lancashire England BB7 1BE

Castle Chippy Ltd

(Registration number: 13833749)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	5	69,000	80,500
Tangible assets	6	36,053	55,043
		105,053	135,543
Current assets
Stocks	7	2,357	12,129
Debtors	8	5,668	1,986
Cash at bank and in hand		81,667	72,069
		89,692	86,184
Creditors: Amounts falling due within one year	9	(180,359)	(191,123)
Net current liabilities		(90,667)	(104,939)
Total assets less current liabilities		14,386	30,604
Provisions for liabilities		(9,014)	-
Net assets		5,372	30,604
Capital and reserves
Called up share capital		100	100
Retained earnings		5,272	30,504
Shareholders' funds		5,372	30,604

For the financial year ending 31 January 2026 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Castle Chippy Ltd

(Registration number: 13833749)
Balance Sheet as at 31 January 2026

Approved and authorised by the director on 28 October 2026
 

......................................... Mr Daniel Kieron George Bone Director

Castle Chippy Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

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:
51 Moor Lane
Clitheroe
Lancashire
BB7 1BE
England

These financial statements were authorised for issue by the director on 28 October 2026.

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.

Revenue recognition

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 company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover 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.

Castle Chippy Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

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 income 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.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

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:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Plant & Machinery	Straight line over 5 years
Motor vehicles	Straight line over 4 years
Office equipment	Straight line over 3 years

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Straight line over 10 years

Castle Chippy Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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 stocks 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Castle Chippy Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

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 8 (2025 - 12).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	3,582	799
UK corporation tax adjustment to prior periods	1	-
	3,583	799
Deferred taxation
Arising from origination and reversal of timing differences	9,014	-
Tax expense in the income statement	12,597	799

Castle Chippy Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 February 2025	115,000	115,000
At 31 January 2026	115,000	115,000
Amortisation
At 1 February 2025	34,500	34,500
Amortisation charge	11,500	11,500
At 31 January 2026	46,000	46,000
Carrying amount
At 31 January 2026	69,000	69,000
At 31 January 2025	80,500	80,500

6	Tangible assets

	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	50,760	12,184	19,099	82,043
At 31 January 2026	50,760	12,184	19,099	82,043
Depreciation
At 1 February 2025	18,203	7,597	1,200	27,000
Charge for the year	10,153	4,062	4,775	18,990
At 31 January 2026	28,356	11,659	5,975	45,990
Carrying amount
At 31 January 2026	22,404	525	13,124	36,053
At 31 January 2025	32,557	4,587	17,899	55,043

Castle Chippy Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

7

Stocks

	2026 £	2025 £
Raw materials and consumables	2,357	12,129

8

Debtors

	2026 £	2025 £
Trade debtors	5,478	1,788
Other debtors	190	198
	5,668	1,986

9

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	862	1,768
Other creditors	179,497	189,355
	180,359	191,123