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REGISTERED NUMBER: 08633314 (England and Wales)















Financial Statements for the Year Ended 31 August 2023

for

Harston Convenience Store Ltd

Harston Convenience Store Ltd (Registered number: 08633314)






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

Report of the Accountants 7

Harston Convenience Store Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Mrs Amandip Kaur Benning





REGISTERED OFFICE: 143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU





REGISTERED NUMBER: 08633314 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

Harston Convenience Store Ltd (Registered number: 08633314)

Statement of Financial Position
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 54,500 54,500
Property, plant and equipment 5 7,797 3,704
62,297 58,204

CURRENT ASSETS
Inventories 6 78,125 76,225
Debtors 7 - 1,254
Cash at bank and in hand 20,689 656
98,814 78,135
CREDITORS
Amounts falling due within one year 8 77,905 40,214
NET CURRENT ASSETS 20,909 37,921
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,206

96,125

CREDITORS
Amounts falling due after more than
one year

9

29,354

38,927
NET ASSETS 53,852 57,198

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 53,752 57,098
SHAREHOLDERS' FUNDS 53,852 57,198

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 her 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.

Harston Convenience Store Ltd (Registered number: 08633314)

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 21 February 2024 and were signed by:





Mrs Amandip Kaur Benning - Director


Harston Convenience Store Ltd (Registered number: 08633314)

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

1. STATUTORY INFORMATION

Harston Convenience Store 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Stocks
Inventories 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 6 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 54,500
NET BOOK VALUE
At 31 August 2023 54,500
At 31 August 2022 54,500

Harston Convenience Store Ltd (Registered number: 08633314)

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

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 September 2022 12,857
Additions 5,000
At 31 August 2023 17,857
DEPRECIATION
At 1 September 2022 9,153
Charge for year 907
At 31 August 2023 10,060
NET BOOK VALUE
At 31 August 2023 7,797
At 31 August 2022 3,704

6. INVENTORIES
31.8.23 31.8.22
£    £   
Stocks 78,125 76,225

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other Debtors - 1,254

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 120 2,116
Trade Creditors 41,821 1
Corporation Tax 27,069 31,024
Social security and other taxes 4,270 3,871
Pension 87 -
Value Added Tax 3,994 1,952
Director's current account 544 961
Accrued Expenses - 289
77,905 40,214

Harston Convenience Store Ltd (Registered number: 08633314)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans - 2-5 years 29,354 38,927

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 September 2022 57,098
Profit for the year 31,654
Dividends (35,000 )
At 31 August 2023 53,752

Harston Convenience Store Ltd

Report of the Accountants to the Director of
Harston Convenience Store Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 August 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................