IRIS Accounts Production v23.3.0.418 12893130 director 1.9.22 31.8.23 31.8.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128931302022-08-31128931302023-08-31128931302022-09-012023-08-31128931302021-08-31128931302021-09-012022-08-31128931302022-08-3112893130ns10:Originalns15:EnglandWales2022-09-012023-08-3112893130ns14:PoundSterlingns10:Original2022-09-012023-08-3112893130ns10:Originalns10:Director12022-09-012023-08-3112893130ns10:Original2022-09-012023-08-3112893130ns10:Original2023-08-3112893130ns10:Originalns10:PrivateLimitedCompanyLtd2022-09-012023-08-3112893130ns10:Originalns10:SmallEntities2022-09-012023-08-3112893130ns10:Originalns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3112893130ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3112893130ns10:SmallCompaniesRegimeForAccountsns10:Original2022-09-012023-08-3112893130ns10:Originalns10:FullAccounts2022-09-012023-08-3112893130ns10:Originalns10:OrdinaryShareClass12022-09-012023-08-3112893130ns10:Originalns10:RegisteredOffice2022-09-012023-08-3112893130ns10:Original2022-08-3112893130ns10:Originalns5:CurrentFinancialInstruments2023-08-3112893130ns10:Originalns5:CurrentFinancialInstruments2022-08-3112893130ns10:Originalns5:Non-currentFinancialInstruments2023-08-3112893130ns10:Originalns5:Non-currentFinancialInstruments2022-08-3112893130ns5:ShareCapitalns10:Original2023-08-3112893130ns5:ShareCapitalns10:Original2022-08-3112893130ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-3112893130ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-3112893130ns10:Originalns5:PlantMachinery2022-09-012023-08-3112893130ns10:Original2021-09-012022-08-3112893130ns10:Originalns5:PlantMachinery2022-08-3112893130ns10:Originalns5:PlantMachinery2023-08-3112893130ns10:Originalns5:PlantMachinery2022-08-3112893130ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3112893130ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3112893130ns10:Originalns10:OrdinaryShareClass12023-08-31
REGISTERED NUMBER: 12893130 (England and Wales)


Financial Statements for the Year Ended 31 August 2023

for

Kings Meadow Convenience Ltd

Kings Meadow Convenience Ltd (Registered number: 12893130)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Kings Meadow Convenience Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Mr Harmeet Singh Bhatia





REGISTERED OFFICE: 228 Gosbrook Road
Caversham
RG4 8BL





REGISTERED NUMBER: 12893130 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Kings Meadow Convenience Ltd (Registered number: 12893130)

Statement of Financial Position
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,055 8,073

CURRENT ASSETS
Stocks 9,841 8,682
Debtors 5 124 90
Cash at bank and in hand 1,923 5,796
11,888 14,568
CREDITORS
Amounts falling due within one year 6 4,123 4,643
NET CURRENT ASSETS 7,765 9,925
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,820

17,998

CREDITORS
Amounts falling due after more than one
year

7

15,848

21,126
NET LIABILITIES (2,028 ) (3,128 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (2,029 ) (3,129 )
SHAREHOLDERS' FUNDS (2,028 ) (3,128 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Kings Meadow Convenience Ltd (Registered number: 12893130)

Statement of Financial Position - continued
31 August 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 13 February 2024 and were signed by:





Mr Harmeet Singh Bhatia - Director


Kings Meadow Convenience Ltd (Registered number: 12893130)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Kings Meadow Convenience Ltd 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.

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 represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 12,342
DEPRECIATION
At 1 September 2022 4,269
Charge for year 2,018
At 31 August 2023 6,287
NET BOOK VALUE
At 31 August 2023 6,055
At 31 August 2022 8,073

Kings Meadow Convenience Ltd (Registered number: 12893130)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other debtors 124 90

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 2,559 3,974
Taxation and social security 421 187
Other creditors 1,143 482
4,123 4,643

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans 15,848 21,126

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
1 Ordinary £1 1 1