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Company Registration No. 09582926 (England and Wales)
SOUTHALL BARGAIN FURNITURE LIMITED Unaudited accounts for the year ended 31 May 2023
SOUTHALL BARGAIN FURNITURE LIMITED Unaudited accounts Contents
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SOUTHALL BARGAIN FURNITURE LIMITED Company Information for the year ended 31 May 2023
Director
AMARJIT SINGH CHOHAN
Company Number
09582926 (England and Wales)
Registered Office
140 ROCHFORDS GARDENS SLOUGH BERKSHIRE SL2 5XL UNITED KINGDOM
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SOUTHALL BARGAIN FURNITURE LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,620 
13,237 
Current assets
Debtors
2,770 
- 
Cash at bank and in hand
- 
43,291 
2,770 
43,291 
Creditors: amounts falling due within one year
(1,426)
(34,514)
Net current assets
1,344 
8,777 
Total assets less current liabilities
16,964 
22,014 
Creditors: amounts falling due after more than one year
(12,872)
(17,000)
Net assets
4,092 
5,014 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,992 
4,914 
Shareholders' funds
4,092 
5,014 
For the year ending 31 May 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 17 October 2023 and were signed on its behalf by
AMARJIT SINGH CHOHAN Director Company Registration No. 09582926
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SOUTHALL BARGAIN FURNITURE LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
SOUTHALL BARGAIN FURNITURE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09582926. The registered office is 140 ROCHFORDS GARDENS, SLOUGH, BERKSHIRE, SL2 5XL, 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 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.
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:
Motor vehicles
VAN
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
32,010 
At 31 May 2023
32,010 
Depreciation
At 1 June 2022
18,773 
Charge for the year
(2,383)
At 31 May 2023
16,390 
Net book value
At 31 May 2023
15,620 
At 31 May 2022
13,237 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,770 
- 
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SOUTHALL BARGAIN FURNITURE LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,426 
5,157 
Loans from directors
- 
29,357 
1,426 
34,514 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,872 
17,000 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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