Company Registration No. 08719030 (England and Wales)
SELECT N SAVE FOOD & WINE LTD
Unaudited accounts
for the year ended 31 October 2022
SELECT N SAVE FOOD & WINE LTD
Unaudited accounts
Contents
SELECT N SAVE FOOD & WINE LTD
Company Information
for the year ended 31 October 2022
Director
Pagit Singh Nagpal
Company Number
08719030 (England and Wales)
Registered Office
62 THAMES COURT
HANWAY ROAD
HANWELL
W7 3RP
Accountants
Gurdeep Jaswal
Jaswal and Co Limited
121 Beavers Lane
Hounslow
Middlesex
TW4 6HF
SELECT N SAVE FOOD & WINE LTD
Statement of financial position
as at 31 October 2022
Tangible assets
16,199
19,446
Cash at bank and in hand
59,112
63,489
Creditors: amounts falling due within one year
(62,184)
(18,674)
Net current assets
90,128
93,015
Total assets less current liabilities
106,327
112,461
Creditors: amounts falling due after more than one year
(76,970)
(90,901)
Called up share capital
1
1
Profit and loss account
29,356
21,559
Shareholders' funds
29,357
21,560
For the year ending 31 October 2022 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2023 and were signed on its behalf by
Pagit Singh Nagpal
Director
Company Registration No. 08719030
SELECT N SAVE FOOD & WINE LTD
Notes to the Accounts
for the year ended 31 October 2022
SELECT N SAVE FOOD & WINE LTD is a private company, limited by shares, registered in England and Wales, registration number 08719030. The registered office is 62 THAMES COURT, HANWAY ROAD, HANWELL, W7 3RP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2021
3,212
23,252
26,464
At 31 October 2022
3,212
23,252
26,464
At 1 November 2021
-
7,018
7,018
Charge for the year
-
3,247
3,247
At 31 October 2022
-
10,265
10,265
At 31 October 2022
3,212
12,987
16,199
At 31 October 2021
3,212
16,234
19,446
Amounts falling due within one year
Accrued income and prepayments
1,500
1,500
SELECT N SAVE FOOD & WINE LTD
Notes to the Accounts
for the year ended 31 October 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
3,930
3,930
Taxes and social security
8,867
4,744
Proposed dividends
30,000
-
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
11,137
15,068
Other creditors
40,000
40,000
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).