Company Registration No. 12875233 (England and Wales)
AFRICAN GROCERS LIMITED
Unaudited accounts
for the year ended 30 September 2023
AFRICAN GROCERS LIMITED
Unaudited accounts
Contents
AFRICAN GROCERS LIMITED
Company Information
for the year ended 30 September 2023
Company Number
12875233 (England and Wales)
Registered Office
Unit A-5 Lyntown Trading Estate
Lynwell Road, Eccles
Manchester
M30 9QG
England
Accountants
THE TAXCOM ACCOUNTANTS LLP
109 CHEETHAM HILL ROAD
MANCHESTER
M8 8PY
AFRICAN GROCERS LIMITED
Statement of financial position
as at 30 September 2023
Intangible assets
28,044
31,160
Tangible assets
23,417
28,147
Inventories
311,480
126,480
Cash at bank and in hand
24,353
10,191
Creditors: amounts falling due within one year
(337,575)
(180,508)
Net current assets/(liabilities)
16,059
(32,405)
Called up share capital
100
100
Profit and loss account
67,420
26,802
Shareholders' funds
67,520
26,902
For the year ending 30 September 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 12 February 2024 and were signed on its behalf by
Jatinder Singh
Director
Company Registration No. 12875233
AFRICAN GROCERS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
AFRICAN GROCERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12875233. The registered office is Unit A-5 Lyntown Trading Estate, Lynwell Road, Eccles, Manchester, M30 9QG, 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 September 2023
38,000
At 30 September 2023
9,956
At 30 September 2023
28,044
At 30 September 2022
31,160
AFRICAN GROCERS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2022
9,600
15,000
848
10,200
35,648
At 30 September 2023
9,600
15,000
848
10,200
35,648
At 1 October 2022
960
3,525
160
2,856
7,501
Charge for the year
864
2,295
103
1,468
4,730
At 30 September 2023
1,824
5,820
263
4,324
12,231
At 30 September 2023
7,776
9,180
585
5,876
23,417
At 30 September 2022
8,640
11,475
688
7,344
28,147
Amounts falling due within one year
Trade debtors
16,100
9,731
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
120,790
28,520
Taxes and social security
13,435
6,394
Other creditors
61,662
44,980
Loans from directors
96,886
95,358
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 5 (2022: 2).