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
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
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
GILLINGHAM CONVENIENCE STORE LTD
Statement of financial position
as at 30 June 2023
Intangible assets
28,841
32,578
Tangible assets
1,980
2,475
Cash at bank and in hand
8,159
13,347
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)
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
GILLINGHAM CONVENIENCE STORE LTD
Notes to the Accounts
for the year ended 30 June 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
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
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
At 30 June 2023
137
1,843
1,980
At 30 June 2022
171
2,304
2,475
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
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
8
Creditors: amounts falling due after more than one year
2023
2022
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).