KUMAR SHOPS LIMITED

Company Registration Number:
12720158 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

KUMAR SHOPS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

KUMAR SHOPS LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 150,000 150,000
Tangible assets: 4 14,402 12,291
Total fixed assets: 164,402 162,291
Current assets
Stocks: 60,000 60,000
Cash at bank and in hand: 115,640 64,173
Total current assets: 175,640 124,173
Creditors: amounts falling due within one year:   (26,816) (6,855)
Net current assets (liabilities): 148,824 117,318
Total assets less current liabilities: 313,226 279,609
Creditors: amounts falling due after more than one year:   (290,142) (268,244)
Total net assets (liabilities): 23,084 11,365
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 22,984 11,265
Shareholders funds: 23,084 11,365

The notes form part of these financial statements

KUMAR SHOPS LIMITED

Balance sheet statements

For the year ending 31 May 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 09 February 2024
and signed on behalf of the board by:

Name: MR B KUMAR
Status: Director

The notes form part of these financial statements

KUMAR SHOPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 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

KUMAR SHOPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 11 12

KUMAR SHOPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible Assets

Total
Cost £
At 01 June 2022 150,000
At 31 May 2023 150,000
Net book value
At 31 May 2023 150,000
At 31 May 2022 150,000

KUMAR SHOPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
At 01 June 2022 15,364
Additions 5,595
At 31 May 2023 20,959
Depreciation
At 01 June 2022 3,073
Charge for year 3,484
At 31 May 2023 6,557
Net book value
At 31 May 2023 14,402
At 31 May 2022 12,291