ABBEYDALE SUPER STORE LTD

Company Registration Number:
10963265 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

ABBEYDALE SUPER STORE LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

ABBEYDALE SUPER STORE LTD

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 22,050 23,625
Tangible assets: 4 32,657 23,866
Total fixed assets: 54,707 47,491
Current assets
Stocks: 108,432 67,032
Debtors:   5,442 4,381
Cash at bank and in hand: 166,258 60,321
Total current assets: 280,132 131,734
Creditors: amounts falling due within one year:   (42,802) (19,645)
Net current assets (liabilities): 237,330 112,089
Total assets less current liabilities: 292,037 159,580
Creditors: amounts falling due after more than one year: 5 (253,806) (151,143)
Total net assets (liabilities): 38,231 8,437
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 38,131 8,337
Shareholders funds: 38,231 8,437

The notes form part of these financial statements

ABBEYDALE SUPER STORE LTD

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 October 2023
and signed on behalf of the board by:

Name: Javaid Akhtar
Status: Director

The notes form part of these financial statements

ABBEYDALE SUPER STORE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Motor Vehicles 17% Reducing BalanceFixtures and Fittings 10% Reducing Balance

Intangible fixed assets and amortisation policy

Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight-line basis over the estimated expected useful economic life of the goodwill of [10] years

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads

ABBEYDALE SUPER STORE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 6 6

ABBEYDALE SUPER STORE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Intangible Assets

Total
Cost £
At 01 October 2022 31,500
At 30 September 2023 31,500
Amortisation
At 01 October 2022 7,875
Charge for year 1,575
At 30 September 2023 9,450
Net book value
At 30 September 2023 22,050
At 30 September 2022 23,625

ABBEYDALE SUPER STORE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Tangible Assets

Total
Cost £
At 01 October 2022 39,493
Additions 12,560
At 30 September 2023 52,053
Depreciation
At 01 October 2022 15,627
Charge for year 3,769
At 30 September 2023 19,396
Net book value
At 30 September 2023 32,657
At 30 September 2022 23,866

ABBEYDALE SUPER STORE LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due after more than one year note

Directors Loan Account