CHIBBY LTD


Director	Dr Ta-Chun Liu


Registered Address	Riverside Court
	26 Riverside Court, 9 West Way
	Oxford
	OX2 0FL


Registered Number	14603794 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		3,326,275		3,329,395
			3,326,275		3,329,395
Current assets
Debtors	4	19,117		15,824
Cash at bank and on hand		7,850		102,318
		26,967		118,142
Creditors amounts falling due within one year	5	(3,013,606)		(1,927,646)
Net current assets (liabilities)			(2,986,639)		(1,809,504)
Total assets less current liabilities			339,636		1,519,891
Creditors amounts falling due after one year	6		(263,992)		(1,560,494)
Net assets			75,644		(40,603)
Capital and reserves
Called up share capital			1		1
Profit and loss account			75,643		(40,604)
Shareholders' funds			75,644		(40,603)

The company was entitled to exemption from audit for this reporting period 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 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 applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 October 2026, and are signed on its behalf by:

Dr Ta-Chun Liu
Director
Registered Company No. 14603794

CHIBBY LTD

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

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Land and buildings	50
	Plant and machinery	5
	Fixtures and fittings	5
	Vehicles	15
	Office Equipment	5

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 February 25	3,290,985	1,624	31,300	10,758	499	3,335,166
Additions	-	-	-	1,083	-	1,083
At 31 January 26	3,290,985	1,624	31,300	11,841	499	3,336,249
Depreciation and impairment
At 01 February 25	-	463	2,087	3,121	100	5,771
Charge for year	-	258	2,003	1,848	94	4,203
At 31 January 26	-	721	4,090	4,969	194	9,974
Net book value
At 31 January 26	3,290,985	903	27,210	6,872	305	3,326,275
At 31 January 25	3,290,985	1,161	29,213	7,637	399	3,329,395

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	19,117	15,824
Total	19,117	15,824

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	-	4,252
Taxation and social security	46,398	25,322
Other creditors	2,967,208	1,895,709
Accrued liabilities and deferred income	-	2,363
Total	3,013,606	1,927,646

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	263,992	1,560,494
Total	263,992	1,560,494

7.	Contingent liabilities
	There were no financial guarantees or commitments, either ongoing or entered into during the period.

8.	Directors advances, credits and guarantees
	There were no advances, credits and guarantees granted to the directors during the period.

9.	Off-balance sheet arrangements
	The company had no off-balance sheet arrangements at year-end or at any stage during the period.

10.	Related party transactions
	At the period end, there were £2,950,127 of loans outstanding owed to the director. These amounts are interest-free and repayable on demand.