25 February 2022 false No description of principal activity Taxfiler 2023.10.1 13941250business:PrivateLimitedCompanyLtd2022-02-252023-02-28 139412502022-02-24 139412502022-02-252023-02-28 13941250business:AuditExemptWithAccountantsReport2022-02-252023-02-28 13941250business:FilletedAccounts2022-02-252023-02-28 139412502023-02-28 13941250business:Director12022-02-252023-02-28 13941250business:RegisteredOffice2022-02-252023-02-28 13941250core:WithinOneYear2023-02-28 13941250core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13941250core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13941250core:PreviouslyStatedAmount2023-02-28 13941250business:SmallEntities2022-02-252023-02-28 13941250countries:EnglandWales2022-02-252023-02-28 13941250core:ComputerEquipment2022-02-252023-02-28 13941250core:ComputerEquipment2022-02-24 13941250core:ComputerEquipment2023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13941250 (England and Wales)
SB RETAIL LTD Unaudited accounts for the period from 25 February 2022 to 28 February 2023
SB RETAIL LTD Unaudited accounts Contents
Page
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SB RETAIL LTD Company Information for the period from 25 February 2022 to 28 February 2023
Director
Mr Sivabalasingam Balamurali
Company Number
13941250 (England and Wales)
Registered Office
324 ROCHESTER ROAD GRAVESEND KENT DA12 4TT UNITED KINGDOM
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
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SB RETAIL LTD Statement of financial position as at 28 February 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
1,600 
Current assets
Inventories
169,025 
Debtors
30,783 
Cash at bank and in hand
187,588 
387,396 
Creditors: amounts falling due within one year
(386,023)
Net current assets
1,373 
Net assets
2,973 
Capital and reserves
Called up share capital
1,000 
Profit and loss account
1,973 
Shareholders' funds
2,973 
For the period 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 25 November 2023 and were signed on its behalf by
Mr Sivabalasingam Balamurali Director Company Registration No. 13941250
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SB RETAIL LTD Notes to the Accounts for the period from 25 February 2022 to 28 February 2023
1
Statutory information
SB RETAIL LTD is a private company, limited by shares, registered in England and Wales, registration number 13941250. The registered office is 324 ROCHESTER ROAD, GRAVESEND, KENT, DA12 4TT, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 25 February 2022
- 
Additions
2,000 
At 28 February 2023
2,000 
Depreciation
Charge for the period
400 
At 28 February 2023
400 
Net book value
At 28 February 2023
1,600 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
29,783 
Accrued income and prepayments
1,000 
30,783 
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SB RETAIL LTD Notes to the Accounts for the period from 25 February 2022 to 28 February 2023
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
135,469 
Taxes and social security
27,331 
Other creditors
41,635 
Loans from directors
181,588 
386,023 
7
Average number of employees
During the period the average number of employees was 23.
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