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Company Registration No. 10210479 (England and Wales)
GILLINGHAM CONVENIENCE STORE LTD Unaudited accounts for the year ended 30 June 2023
GILLINGHAM CONVENIENCE STORE LTD Unaudited accounts Contents
Page
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GILLINGHAM CONVENIENCE STORE LTD Company Information for the year ended 30 June 2023
Director
Sher Bahadur Thapa
Company Number
10210479 (England and Wales)
Registered Office
185 HIGH STREET GILLINGHAM ME7 1AQ ENGLAND
Accountants
Asmita & Associates Ltd 114-116 Plumstead High Street Plumstead London SE18 1SJ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of GILLINGHAM CONVENIENCE STORE LTD for the year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GILLINGHAM CONVENIENCE STORE LTD for the year ended 30 June 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Asmita & Associates Ltd Chartered Accountants 114-116 Plumstead High Street Plumstead London SE18 1SJ 5 February 2024
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GILLINGHAM CONVENIENCE STORE LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
28,841 
32,578 
Tangible assets
1,980 
2,475 
30,821 
35,053 
Current assets
Inventories
29,604 
27,794 
Debtors
- 
(2,914)
Cash at bank and in hand
8,159 
13,347 
37,763 
38,227 
Creditors: amounts falling due within one year
(37,966)
(43,949)
Net current liabilities
(203)
(5,722)
Total assets less current liabilities
30,618 
29,331 
Creditors: amounts falling due after more than one year
(28,747)
(38,916)
Net assets/(liabilities)
1,871 
(9,585)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,771 
(9,685)
Shareholders' funds
1,871 
(9,585)
For the year ending 30 June 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 6 February 2024 and were signed on its behalf by
Sher Bahadur Thapa Director Company Registration No. 10210479
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GILLINGHAM CONVENIENCE STORE LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
GILLINGHAM CONVENIENCE STORE LTD is a private company, limited by shares, registered in England and Wales, registration number 10210479. The registered office is 185 HIGH STREET, GILLINGHAM, ME7 1AQ, ENGLAND.
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:
Plant & machinery
20% reducing balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
55,000 
At 30 June 2023
55,000 
Amortisation
At 1 July 2022
22,422 
Charge for the year
3,737 
At 30 June 2023
26,159 
Net book value
At 30 June 2023
28,841 
At 30 June 2022
32,578 
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GILLINGHAM CONVENIENCE STORE LTD Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
650 
4,050 
4,700 
At 30 June 2023
650 
4,050 
4,700 
Depreciation
At 1 July 2022
479 
1,746 
2,225 
Charge for the year
34 
461 
495 
At 30 June 2023
513 
2,207 
2,720 
Net book value
At 30 June 2023
137 
1,843 
1,980 
At 30 June 2022
171 
2,304 
2,475 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
(2,914)
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,154 
714 
Trade creditors
14,286 
25,000 
Taxes and social security
6,706 
(80)
Other creditors
3,447 
10,419 
Loans from directors
12,373 
7,896 
37,966 
43,949 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,747 
38,916 
9
Transactions with related parties
The director Mr Sher Bahadur Thapa is paid a total salary of £15,000.00 in the year ended 30/06/2023
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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