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REGISTERED NUMBER: 04705841 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

ANDREWS FOOD STORE LIMITED

ANDREWS FOOD STORE LIMITED (REGISTERED NUMBER: 04705841)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ANDREWS FOOD STORE LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr S. TOUMBA





SECRETARY: Mrs K. TOUMBA





REGISTERED OFFICE: Global House
303 Ballards Lane
London
London
N12 8NP





REGISTERED NUMBER: 04705841 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

ANDREWS FOOD STORE LIMITED (REGISTERED NUMBER: 04705841)

Statement of Financial Position
31 MARCH 2023

31/3/23 31/3/22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,552 1,724

CURRENT ASSETS
Stocks 8,344 6,240
Debtors 5 1,896 2,186
Cash at bank and in hand 7,516 3,158
17,756 11,584
CREDITORS
Amounts falling due within one year 6 17,140 12,531
NET CURRENT ASSETS/(LIABILITIES) 616 (947 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,168

777

PROVISIONS FOR LIABILITIES 7 295 328
NET ASSETS 1,873 449

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,773 349
SHAREHOLDERS' FUNDS 1,873 449

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ANDREWS FOOD STORE LIMITED (REGISTERED NUMBER: 04705841)

Statement of Financial Position - continued
31 MARCH 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 director and authorised for issue on 2 November 2023 and were signed by:





Mr S. TOUMBA - Director


ANDREWS FOOD STORE LIMITED (REGISTERED NUMBER: 04705841)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Andrews Food Store 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Turnover is measured at the fair value of the consideration received or receivable for services provided, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 10% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ANDREWS FOOD STORE LIMITED (REGISTERED NUMBER: 04705841)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 April 2022
and 31 March 2023 9,092 140 1,315 10,547
DEPRECIATION
At 1 April 2022 7,368 140 1,315 8,823
Charge for year 172 - - 172
At 31 March 2023 7,540 140 1,315 8,995
NET BOOK VALUE
At 31 March 2023 1,552 - - 1,552
At 31 March 2022 1,724 - - 1,724

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£ £
Trade debtors 1,896 1,783
Other debtors - 403
1,896 2,186

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£ £
Trade creditors 3,888 4,493
Taxation and social security 3,870 1,377
Other creditors 9,382 6,661
17,140 12,531

7. PROVISIONS FOR LIABILITIES
31/3/23 31/3/22
£ £
Deferred tax
Accelerated capital allowances 364 364
Other timing differences (69 ) (36 )
295 328

Deferred tax
£
Balance at 1 April 2022 328
Provided during year (33 )
Balance at 31 March 2023 295