Company Registration No. 10937757 (England and Wales)
Meatline Supermarket Ltd
Unaudited accounts
for the year ended 31 January 2023
Meatline Supermarket Ltd
Unaudited accounts
Contents
Meatline Supermarket Ltd
Company Information
for the year ended 31 January 2023
Directors
Fatma Siddiqi
Khwaja Merajuddin Siddiqi
Company Number
10937757 (England and Wales)
Registered Office
20-22 High Street
Harrow
London
NW10 4LX
United Kingdom
Accountants
Ratnam & Co Ltd
203 Kilburn High Road
London
NW6 7HY
Meatline Supermarket Ltd
Statement of financial position
as at 31 January 2023
Tangible assets
47,959
2,756
Cash at bank and in hand
12,679
13,226
Creditors: amounts falling due within one year
(63,154)
(40,483)
Net current assets
636
24,127
Total assets less current liabilities
48,595
26,883
Creditors: amounts falling due after more than one year
(71,962)
(50,000)
Net liabilities
(23,367)
(23,117)
Called up share capital
100
100
Profit and loss account
(23,467)
(23,217)
Shareholders' funds
(23,367)
(23,117)
For the year ending 31 January 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 20 May 2023 and were signed on its behalf by
Fatma Siddiqi
Director
Company Registration No. 10937757
Meatline Supermarket Ltd
Notes to the Accounts
for the year ended 31 January 2023
Meatline Supermarket Ltd is a private company, limited by shares, registered in England and Wales, registration number 10937757. The registered office is 20-22 High Street, Harrow, London, NW10 4LX, United Kingdom.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
1,200
-
3,000
4,200
Additions
-
61,190
-
61,190
At 31 January 2023
1,200
61,190
3,000
65,390
At 1 February 2022
694
-
750
1,444
Charge for the year
127
15,298
562
15,987
At 31 January 2023
821
15,298
1,312
17,431
At 31 January 2023
379
45,892
1,688
47,959
At 31 January 2022
506
-
2,250
2,756
Amounts falling due within one year
Amounts due from group undertakings etc.
47,111
47,856
Meatline Supermarket Ltd
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
-
Obligations under finance leases and hire purchase contracts
10,714
-
Taxes and social security
-
495
Loans from directors
40,302
39,858
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
41,962
-
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).