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REGISTERED NUMBER: 11547266 (England and Wales)















AAA MERCHANDISE LTD

Unaudited Financial Statements for the Year Ended 31 December 2021






AAA MERCHANDISE LTD (REGISTERED NUMBER: 11547266)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AAA MERCHANDISE LTD

Company Information
for the Year Ended 31 December 2021







DIRECTORS: C Kondal
S M Ward





REGISTERED OFFICE: KW House
11 Stourdale Road
Cradley Heath
West Midlands
B64 7BG





REGISTERED NUMBER: 11547266 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

AAA MERCHANDISE LTD (REGISTERED NUMBER: 11547266)

Balance Sheet
31 December 2021

2021 2020
Notes £    £   
CURRENT ASSETS
Stocks 333,626 176,631
Debtors 4 79,841 2,495
Cash at bank 163,615 662,974
577,082 842,100
CREDITORS
Amounts falling due within one year 5 235,060 614,501
NET CURRENT ASSETS 342,022 227,599
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,022

227,599

CREDITORS
Amounts falling due after more than one
year

6

36,667

43,334
NET ASSETS 305,355 184,265

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 305,255 184,165
305,355 184,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

AAA MERCHANDISE LTD (REGISTERED NUMBER: 11547266)

Balance Sheet - continued
31 December 2021


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 2 August 2022 and were signed on its behalf by:





C Kondal - Director


AAA MERCHANDISE LTD (REGISTERED NUMBER: 11547266)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

AAA Merchandise Ltd 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.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

AAA MERCHANDISE LTD (REGISTERED NUMBER: 11547266)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 21,057 2,495
Amounts owed by group undertakings 21,439 -
Prepayments 37,345 -
79,841 2,495

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 10,000 6,667
Trade creditors 78,470 27,471
Amounts owed to group undertakings - 474,358
Social security and other taxes 117,456 53,562
Directors' loan accounts 943 1,000
Accrued expenses 28,191 51,443
235,060 614,501

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2021 2020
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 26,667 30,000
Bank loans more 5 yr by instal - 3,334
36,667 43,334

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 3,334

7. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £21,439 (2020: £167,058) by Merchoid, which is a company under common ownership.