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
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
S M Grays Supermarket Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
18,139
4,520
Cash at bank and in hand
20,266
5,938
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)
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
S M Grays Supermarket Ltd
Notes to the Accounts
for the year ended 28 February 2023
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.
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:
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
At 28 February 2023
19,500
7,550
27,050
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
At 28 February 2023
15,507
2,632
18,139
At 28 February 2022
-
4,520
4,520
S M Grays Supermarket Ltd
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
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
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
26,295
25,510
8
Average number of employees
During the year the average number of employees was 5 (2022: 2).