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REGISTERED NUMBER: 11194207 (England and Wales)


Financial Statements for the Year Ended 31 January 2022

for

S.E.K. Retail Limited

S.E.K. Retail Limited (Registered number: 11194207)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


S.E.K. Retail Limited

Company Information
for the Year Ended 31 January 2022







DIRECTORS: Mr Kamal Nagajan Sisodia
Mrs Sapna Keshu Sisodia





REGISTERED OFFICE: Bridge House
9-13 Holbrooke Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 11194207 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

S.E.K. Retail Limited (Registered number: 11194207)

Statement of Financial Position
31 January 2022

31.1.22 31.1.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 120,000 120,000
Tangible assets 5 273,466 77,652
393,466 197,652

CURRENT ASSETS
Stocks 22,355 20,890
Cash at bank and in hand 23,667 193,204
46,022 214,094
CREDITORS
Amounts falling due within one year 6 281,421 276,895
NET CURRENT LIABILITIES (235,399 ) (62,801 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,067

134,851

CREDITORS
Amounts falling due after more than one
year

7

54,397

50,000
NET ASSETS 103,670 84,851

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 103,668 84,849
SHAREHOLDERS' FUNDS 103,670 84,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

S.E.K. Retail Limited (Registered number: 11194207)

Statement of Financial Position - continued
31 January 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2022 and were signed on its behalf by:





Mr Kamal Nagajan Sisodia - Director


S.E.K. Retail Limited (Registered number: 11194207)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

S.E.K. Retail Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2021 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2021
and 31 January 2022 120,000
NET BOOK VALUE
At 31 January 2022 120,000
At 31 January 2021 120,000

S.E.K. Retail Limited (Registered number: 11194207)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2021 - 133,996 133,996
Additions 204,951 7,992 212,943
At 31 January 2022 204,951 141,988 346,939
DEPRECIATION
At 1 February 2021 - 56,344 56,344
Charge for year - 17,129 17,129
At 31 January 2022 - 73,473 73,473
NET BOOK VALUE
At 31 January 2022 204,951 68,515 273,466
At 31 January 2021 - 77,652 77,652

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.22 31.1.21
£    £   
Trade creditors 48,164 52,601
Taxation and social security 14,308 12,158
Other creditors 218,949 212,136
281,421 276,895

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.22 31.1.21
£    £   
Bank loans 43,386 50,000
Hire purchase contracts 11,011 -
54,397 50,000

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.1.22 31.1.21
value: £    £   
2 Ordinary £1 2 2