555 RETAIL LTD

Company Registration Number:
13354998 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2022

Period of accounts

Start date: 23 April 2021

End date: 30 April 2022

555 RETAIL LTD

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

555 RETAIL LTD

Balance sheet

As at 30 April 2022


Notes

2022


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 250,000
Tangible assets: 4 5,000
Investments:   0
Total fixed assets: 255,000
Current assets
Stocks: 1,544,552
Debtors:   147,378
Cash at bank and in hand: 87,774
Investments:   0
Total current assets: 1,779,704
Creditors: amounts falling due within one year:   (2,018,505)
Net current assets (liabilities): (238,801)
Total assets less current liabilities: 16,199
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Total net assets (liabilities): 16,199
Capital and reserves
Called up share capital: 1
Profit and loss account: 16,198
Shareholders funds: 16,199

The notes form part of these financial statements

555 RETAIL LTD

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 01 August 2022
and signed on behalf of the board by:

Name: Daniel Buck
Status: Director

The notes form part of these financial statements

555 RETAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

555 RETAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

2. Employees

2022
Average number of employees during the period 51

555 RETAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Intangible Assets

Total
Cost £
Additions 250,000
At 30 April 2022 250,000
Net book value
At 30 April 2022 250,000

555 RETAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

4. Tangible Assets

Total
Cost £
Additions 5,000
At 30 April 2022 5,000
Net book value
At 30 April 2022 5,000

555 RETAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

5. Related party transactions

Name of the related party: 555 Online Ltd
Relationship:
Related Company
Description of the Transaction: Loan
£
Balance at 30 April 2022 111,068