Company Registration No. 11696536 (England and Wales)
FAIR PRICE (LONDON) LIMITED
Unaudited accounts
for the year ended 30 November 2022
FAIR PRICE (LONDON) LIMITED
Unaudited accounts
Contents
FAIR PRICE (LONDON) LIMITED
Company Information
for the year ended 30 November 2022
Company Number
11696536 (England and Wales)
Registered Office
KINGS PLACE
23-27 KING STREET
LUTON
LU1 2DW
ENGLAND
FAIR PRICE (LONDON) LIMITED
Statement of financial position
as at 30 November 2022
Tangible assets
37,480
44,220
Cash at bank and in hand
36,823
46,295
Net current assets
129,676
89,929
Total assets less current liabilities
167,156
134,149
Creditors: amounts falling due after more than one year
(43,400)
(50,000)
Called up share capital
1
1
Profit and loss account
123,755
84,148
Shareholders' funds
123,756
84,149
For the year ending 30 November 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 5 October 2023 and were signed on its behalf by
AKHTER, Shamim
Director
Company Registration No. 11696536
FAIR PRICE (LONDON) LIMITED
Notes to the Accounts
for the year ended 30 November 2022
FAIR PRICE (LONDON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11696536. The registered office is KINGS PLACE, 23-27 KING STREET, LUTON, LU1 2DW, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2021
1,500
10,200
54,000
65,700
At 30 November 2022
1,500
18,200
54,000
73,700
At 1 December 2021
300
4,080
17,100
21,480
Charge for the year
300
3,640
10,800
14,740
At 30 November 2022
600
7,720
27,900
36,220
At 30 November 2022
900
10,480
26,100
37,480
At 30 November 2021
1,200
6,120
36,900
44,220
Amounts falling due after more than one year
FAIR PRICE (LONDON) LIMITED
Notes to the Accounts
for the year ended 30 November 2022
6
Creditors: amounts falling due after more than one year
2022
2021
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).