Company Registration No. 05456324 (England and Wales)
SUPREME WHOLESALE LIMITED
Unaudited accounts
for the year ended 31 October 2023
SUPREME WHOLESALE LIMITED
Unaudited accounts
Contents
SUPREME WHOLESALE LIMITED
Company Information
for the year ended 31 October 2023
Company Number
05456324 (England and Wales)
Registered Office
UNIT 5K
STANDARD INDUSTRIAL ESTATE
FACTORY ROAD
LONDON
E16 2ES
SUPREME WHOLESALE LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
23,130
9,664
Cash at bank and in hand
15,632
45,050
Creditors: amounts falling due within one year
(260,978)
22,515
Net current assets
118,893
139,565
Total assets less current liabilities
142,023
149,229
Creditors: amounts falling due after more than one year
(31,220)
(41,869)
Net assets
110,803
107,360
Called up share capital
2
2
Profit and loss account
110,801
107,358
Shareholders' funds
110,803
107,360
For the year ending 31 October 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 15 July 2024 and were signed on its behalf by
RIAZUL HAQUE
Director
Company Registration No. 05456324
SUPREME WHOLESALE LIMITED
Notes to the Accounts
for the year ended 31 October 2023
SUPREME WHOLESALE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05456324. The registered office is UNIT 5K, STANDARD INDUSTRIAL ESTATE, FACTORY ROAD, LONDON, E16 2ES.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
24,142
79,801
4,400
108,343
Additions
-
24,500
-
24,500
Disposals
-
(62,400)
-
(62,400)
At 31 October 2023
24,142
41,901
4,400
70,443
At 1 November 2022
20,457
74,440
3,782
98,679
Charge for the year
736
6,551
92
7,379
On disposals
-
(58,745)
-
(58,745)
At 31 October 2023
21,193
22,246
3,874
47,313
At 31 October 2023
2,949
19,655
526
23,130
At 31 October 2022
3,685
5,361
618
9,664
Amounts falling due after more than one year
SUPREME WHOLESALE LIMITED
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
4,506
Taxes and social security
23,171
23,038
Loans from directors
(1,292)
(26,288)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 14 (2022: 14).