BAINS DISCOUNT LTD

Company Registration Number:
05167008 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

BAINS DISCOUNT LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

BAINS DISCOUNT LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 32,091 27,123
Total fixed assets: 32,091 27,123
Current assets
Stocks: 54,875 56,350
Debtors:   2,013 2,544
Cash at bank and in hand: 689,641 608,075
Total current assets: 746,529 666,969
Creditors: amounts falling due within one year:   (54,983) (50,855)
Net current assets (liabilities): 691,546 616,114
Total assets less current liabilities: 723,637 643,237
Total net assets (liabilities): 723,637 643,237
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 723,635 643,235
Shareholders funds: 723,637 643,237

The notes form part of these financial statements

BAINS DISCOUNT LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 August 2024
and signed on behalf of the board by:

Name: DAVINDER SINGH
Status: Director

The notes form part of these financial statements

BAINS DISCOUNT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BAINS DISCOUNT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 9 9

BAINS DISCOUNT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 88,839
Additions 12,495
At 30 June 2024 101,334
Depreciation
At 01 July 2023 61,716
Charge for year 7,527
At 30 June 2024 69,243
Net book value
At 30 June 2024 32,091
At 30 June 2023 27,123