1 May 2022 false No description of principal activity Taxfiler 2023.10.1 10103567business:PrivateLimitedCompanyLtd2022-05-012023-04-30 101035672022-04-30 101035672022-05-012023-04-30 10103567business:AuditExemptWithAccountantsReport2022-05-012023-04-30 10103567business:FilletedAccounts2022-05-012023-04-30 101035672023-04-30 10103567business:Director12022-05-012023-04-30 10103567business:RegisteredOffice2022-05-012023-04-30 101035672022-04-30 10103567core:WithinOneYear2023-04-30 10103567core:WithinOneYear2022-04-30 10103567core:AfterOneYear2023-04-30 10103567core:AfterOneYear2022-04-30 10103567core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 10103567core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 10103567core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 10103567core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 10103567core:PreviouslyStatedAmount2023-04-30 10103567core:PreviouslyStatedAmount2022-04-30 10103567business:SmallEntities2022-05-012023-04-30 10103567countries:EnglandWales2022-05-012023-04-30 10103567core:PlantMachinery2022-05-012023-04-30 10103567core:MotorVehicles2022-05-012023-04-30 10103567core:FurnitureFittings2022-05-012023-04-30 10103567core:PlantMachinery2022-04-30 10103567core:MotorVehicles2022-04-30 10103567core:FurnitureFittings2022-04-30 10103567core:PlantMachinery2023-04-30 10103567core:MotorVehicles2023-04-30 10103567core:FurnitureFittings2023-04-30 10103567business:OrdinaryShareClass12022-05-012023-04-30 10103567business:OrdinaryShareClass12021-05-012022-04-30 101035672021-05-012022-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10103567 (England and Wales)
Hunter Supermarket Ltd Unaudited accounts for the year ended 30 April 2023
Hunter Supermarket Ltd Unaudited accounts Contents
Page
- 2 -
Hunter Supermarket Ltd Company Information for the year ended 30 April 2023
Director
Mr K Avci
Company Number
10103567 (England and Wales)
Registered Office
23 Westbury Avenue London N22 6BS England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
- 3 -
Hunter Supermarket Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
53,508 
29,941 
Current assets
Inventories
51,250 
42,792 
Cash at bank and in hand
8,617 
23,319 
59,867 
66,111 
Creditors: amounts falling due within one year
(38,795)
(52,943)
Net current assets
21,072 
13,168 
Total assets less current liabilities
74,580 
43,109 
Creditors: amounts falling due after more than one year
(68,267)
(40,643)
Net assets
6,313 
2,466 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
6,312 
2,465 
Shareholders' funds
6,313 
2,466 
For the year ending 30 April 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 23 November 2023 and were signed on its behalf by
Mr K Avci Director Company Registration No. 10103567
- 4 -
Hunter Supermarket Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Hunter Supermarket Ltd is a private company, limited by shares, registered in England and Wales, registration number 10103567. The registered office is 23 Westbury Avenue, London, N22 6BS, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
33.33% - reducing balance
Motor vehicles
20% - reducing balance
Fixtures & fittings
18% - reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Hunter Supermarket Ltd Notes to the Accounts for the year ended 30 April 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
929 
16,450 
19,708 
37,087 
Additions
- 
- 
35,750 
35,750 
At 30 April 2023
929 
16,450 
55,458 
72,837 
Depreciation
At 1 May 2022
309 
3,290 
3,547 
7,146 
Charge for the year
207 
2,632 
9,344 
12,183 
At 30 April 2023
516 
5,922 
12,891 
19,329 
Net book value
At 30 April 2023
413 
10,528 
42,567 
53,508 
At 30 April 2022
620 
13,160 
16,161 
29,941 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
20,000 
10,000 
VAT
1,410 
3,706 
Obligations under finance leases and hire purchase contracts
4,073 
4,073 
Trade creditors
7,900 
203 
Taxes and social security
(2,873)
4,062 
Other creditors
8,135 
30,749 
Accruals
150 
150 
38,795 
52,943 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
61,667 
30,833 
Obligations under finance leases and hire purchase contracts
6,600 
9,810 
68,267 
40,643 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Transactions with related parties
Included within other creditors is an amount of £8,060 (2022: £30,673) due to its director. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
- 6 -