1 March 2022 false No description of principal activity Taxfiler 2023.10 12471678business:PrivateLimitedCompanyLtd2022-03-012023-02-28 124716782022-02-28 124716782022-03-012023-02-28 12471678business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 12471678business:FilletedAccounts2022-03-012023-02-28 124716782023-02-28 12471678business:Director12022-03-012023-02-28 12471678business:RegisteredOffice2022-03-012023-02-28 124716782022-02-28 12471678core:WithinOneYear2023-02-28 12471678core:WithinOneYear2022-02-28 12471678core:AfterOneYear2023-02-28 12471678core:AfterOneYear2022-02-28 12471678core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 12471678core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 12471678core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12471678core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 12471678core:PreviouslyStatedAmount2023-02-28 12471678core:PreviouslyStatedAmount2022-02-28 12471678business:SmallEntities2022-03-012023-02-28 12471678countries:EnglandWales2022-03-012023-02-28 12471678core:MotorVehicles2022-03-012023-02-28 12471678core:FurnitureFittings2022-03-012023-02-28 12471678core:MotorVehicles2022-02-28 12471678core:FurnitureFittings2022-02-28 12471678core:MotorVehicles2023-02-28 12471678core:FurnitureFittings2023-02-28 124716782021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 12471678 (England and Wales)
S M Grays Supermarket Ltd Unaudited accounts for the year ended 28 February 2023
S M Grays Supermarket Ltd Unaudited accounts Contents
Page
- 2 -
S M Grays Supermarket Ltd Company Information for the year ended 28 February 2023
Director
WANI, Khawaja Tariq Mahmood
Company Number
12471678 (England and Wales)
Registered Office
1 HIGH STREET GRAYS RM17 6NB ENGLAND
- 3 -
S M Grays Supermarket Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,139 
4,520 
Current assets
Inventories
52,000 
- 
Debtors
19,164 
27,820 
Cash at bank and in hand
20,266 
5,938 
91,430 
33,758 
Creditors: amounts falling due within one year
(204,550)
(113,151)
Net current liabilities
(113,120)
(79,393)
Total assets less current liabilities
(94,981)
(74,873)
Creditors: amounts falling due after more than one year
(59,685)
(69,910)
Net liabilities
(154,666)
(144,783)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(154,766)
(144,883)
Shareholders' funds
(154,666)
(144,783)
For the year ending 28 February 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 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 27 October 2023 and were signed on its behalf by
WANI, Khawaja Tariq Mahmood Director Company Registration No. 12471678
- 4 -
S M Grays Supermarket Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
S M Grays Supermarket Ltd is a private company, limited by shares, registered in England and Wales, registration number 12471678. The registered office is 1 HIGH STREET, GRAYS, RM17 6NB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% SL
Fixtures & fittings
25% SL
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
- 
7,550 
7,550 
Additions
19,500 
- 
19,500 
At 28 February 2023
19,500 
7,550 
27,050 
Depreciation
At 1 March 2022
- 
3,030 
3,030 
Charge for the year
3,993 
1,888 
5,881 
At 28 February 2023
3,993 
4,918 
8,911 
Net book value
At 28 February 2023
15,507 
2,632 
18,139 
At 28 February 2022
- 
4,520 
4,520 
- 5 -
S M Grays Supermarket Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,064 
12,720 
Other debtors
15,100 
100 
19,164 
12,820 
Amounts falling due after more than one year
Other debtors
- 
15,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
322 
100 
Trade creditors
(1,842)
(4,277)
Taxes and social security
33 
33 
Other creditors
37,668 
5,856 
Loans from directors
168,369 
110,439 
Accruals
- 
1,000 
204,550 
113,151 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,390 
44,400 
Other creditors
26,295 
25,510 
59,685 
69,910 
8
Average number of employees
During the year the average number of employees was 5 (2022: 2).
- 6 -