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Company Registration No. 14494071 (England and Wales)
24/7 My Mart Limited Unaudited accounts for the period from 18 November 2022 to 30 November 2023
24/7 My Mart Limited Unaudited accounts Contents
Page
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24/7 My Mart Limited Company Information for the period from 18 November 2022 to 30 November 2023
Director
Farhan Nawaz
Company Number
14494071 (England and Wales)
Registered Office
21 Brunslow Close Wolverhampton WV10 6TF ENGLAND
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24/7 My Mart Limited Statement of financial position as at 30 November 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
3,307,830 
Current assets
Debtors
216,923 
Cash at bank and in hand
229,678 
446,601 
Creditors: amounts falling due within one year
(409,338)
Net current assets
37,263 
Total assets less current liabilities
3,345,093 
Creditors: amounts falling due after more than one year
(1,003,739)
Net assets
2,341,354 
Capital and reserves
Called up share capital
1 
Profit and loss account
2,341,353 
Shareholders' funds
2,341,354 
For the period ending 30 November 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 3 April 2024 and were signed on its behalf by
Farhan Nawaz Director Company Registration No. 14494071
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24/7 My Mart Limited Notes to the Accounts for the period from 18 November 2022 to 30 November 2023
1
Statutory information
24/7 My Mart Limited is a private company, limited by shares, registered in England and Wales, registration number 14494071. The registered office is 21 Brunslow Close, Wolverhampton, WV10 6TF, 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 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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 18 November 2022
- 
- 
- 
- 
- 
Additions
1,124,254 
2,954,768 
285,674 
45,746 
4,410,442 
At 30 November 2023
1,124,254 
2,954,768 
285,674 
45,746 
4,410,442 
Depreciation
Charge for the period
281,064 
738,692 
71,419 
11,437 
1,102,612 
At 30 November 2023
281,064 
738,692 
71,419 
11,437 
1,102,612 
Net book value
At 30 November 2023
843,190 
2,216,076 
214,255 
34,309 
3,307,830 
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24/7 My Mart Limited Notes to the Accounts for the period from 18 November 2022 to 30 November 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
189,467 
Other debtors
27,456 
216,923 
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
136,435 
Trade creditors
76,845 
Taxes and social security
26,478 
Loans from directors
164,580 
Accruals
5,000 
409,338 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
1,003,739 
8
Average number of employees
During the period the average number of employees was 27.
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