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REGISTERED NUMBER: 11194207 (England and Wales)


Financial Statements for the Year Ended 31 January 2023

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 2023




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 2023







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
Page 1
S.E.K. Retail Limited (Registered number: 11194207)

Statement of Financial Position
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 120,000 120,000
Property, plant and equipment 5 260,108 273,466
380,108 393,466

CURRENT ASSETS
Inventories 34,075 22,355
Debtors 6 1,340 -
Cash at bank and in hand 31,467 23,667
66,882 46,022
CREDITORS
Amounts falling due within one year 7 261,793 281,421
NET CURRENT LIABILITIES (194,911 ) (235,399 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
185,197
158,067

CREDITORS
Amounts falling due after more than one
year
8
45,282
54,397
NET ASSETS 139,915 103,670

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 139,913 103,668
SHAREHOLDERS' FUNDS 139,915 103,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

The notes form part of these financial statements

Page 2 continued...
S.E.K. Retail Limited (Registered number: 11194207)

Statement of Financial Position - continued
31 January 2023


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 4 October 2023 and were signed on its behalf by:





Mr Kamal Nagajan Sisodia - Director


The notes form part of these financial statements

Page 3
S.E.K. Retail Limited (Registered number: 11194207)

Notes to the Financial Statements
for the Year Ended 31 January 2023

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
Revenue 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
Inventories 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 14 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 120,000
NET BOOK VALUE
At 31 January 2023 120,000
At 31 January 2022 120,000

Page 4 continued...
S.E.K. Retail Limited (Registered number: 11194207)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 February 2022 346,939
Additions 431
At 31 January 2023 347,370
DEPRECIATION
At 1 February 2022 73,473
Charge for year 13,789
At 31 January 2023 87,262
NET BOOK VALUE
At 31 January 2023 260,108
At 31 January 2022 273,466

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 300 -
Other debtors 1,040 -
1,340 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 98,022 48,164
Taxation and social security 15,491 14,308
Other creditors 148,280 218,949
261,793 281,421

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans 37,589 43,386
Hire purchase contracts 7,693 11,011
45,282 54,397

Page 5 continued...
S.E.K. Retail Limited (Registered number: 11194207)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
2 Ordinary £1 2 2

Page 6