2022-06-01 13363284 2023-05-31 13363284 2022-06-01 2023-05-31 13363284 2022-05-31 13363284 2021-06-01 2022-05-31 13363284 uk-core:WithinOneYear 2022-05-31 13363284 uk-core:WithinOneYear 2023-05-31 13363284 uk-core:ShareCapital 2023-05-31 13363284 uk-core:ShareCapital 2022-05-31 13363284 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 13363284 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 13363284 uk-bus:Director1 2022-06-01 2023-05-31 13363284 uk-core:ComputerEquipment 2022-05-31 13363284 uk-core:FurnitureFittings 2022-05-31 13363284 uk-core:FurnitureFittings 2023-05-31 13363284 uk-core:ComputerEquipment 2023-05-31 13363284 uk-core:ComputerEquipment 2022-06-01 2023-05-31 13363284 uk-core:FurnitureFittings 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure 13363284 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 13363284 uk-bus:FRS102 2022-06-01 2023-05-31 13363284 uk-bus:FilletedAccounts 2022-06-01 2023-05-31 13363284 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Discount Merchant Ltd
Registered Number:13363284
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Discount Merchant Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13363284
As at 31 May 2023
Discount Merchant Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,240
1,803
2
1,240
1,803
Current assets
Inventories
4,263
3,548
3
Trade and other receivables
125
101
4
1,306
Cash and cash equivalents
1,691
5,340
5,694
Trade and other payables: amounts falling due within one
year
(5,439)
(4,004)
5
255
1,336
Net current assets
Total assets less current liabilities
2,576
2,058
2,576
Net assets
2,058
Capital and reserves
Called up share capital
1
1
Retained earnings
2,575
2,057
2,576
2,058
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Amera Musa Director
These financial statements were approved and authorised for issue by the Board on 22 February 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2023
Discount Merchant Ltd
Notes to the Financial Statements
Statutory Information
Discount Merchant Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13363284.
Registered address:
25 Broad Oak Road
Bolton
Lancashire
BL3 2JA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 June 2022
2,366
1,791
575
At 31 May 2023
575
1,791
2,366
Provision for depreciation and impairment
At 01 June 2022
563
448
115
Charge for year
563
448
115
At 31 May 2023
1,126
896
230
At 31 May 2023
Net book value
345
895
1,240
At 31 May 2022
460
1,343
1,803
3. Inventories
2022
2023
£
£
Stocks
3,548
4,263
2 of 3
5
For the year ended 31 May 2023
Discount Merchant Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Trade debtors
101
125
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
254
60
Other creditors
3,750
5,379
4,004
5,439
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
3 of 3