IRIS Accounts Production v24.1.9.2 11862037 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118620372023-03-31118620372024-03-31118620372023-04-012024-03-31118620372022-03-31118620372022-04-012023-03-31118620372023-03-3111862037ns15:EnglandWales2023-04-012024-03-3111862037ns14:PoundSterling2023-04-012024-03-3111862037ns10:Director12023-04-012024-03-3111862037ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111862037ns10:SmallEntities2023-04-012024-03-3111862037ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111862037ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111862037ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111862037ns10:FullAccounts2023-04-012024-03-3111862037ns10:OrdinaryShareClass12023-04-012024-03-3111862037ns10:RegisteredOffice2023-04-012024-03-3111862037ns5:CurrentFinancialInstruments2024-03-3111862037ns5:CurrentFinancialInstruments2023-03-3111862037ns5:Non-currentFinancialInstruments2024-03-3111862037ns5:Non-currentFinancialInstruments2023-03-3111862037ns5:ShareCapital2024-03-3111862037ns5:ShareCapital2023-03-3111862037ns5:RetainedEarningsAccumulatedLosses2024-03-3111862037ns5:RetainedEarningsAccumulatedLosses2023-03-3111862037ns5:PlantMachinery2023-04-012024-03-3111862037ns5:PlantMachinery2023-03-3111862037ns5:PlantMachinery2024-03-3111862037ns5:PlantMachinery2023-03-3111862037ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111862037ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111862037ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 11862037 (England and Wales)


Financial Statements for the Year Ended 31 March 2024

for

High Acres Stores Ltd

High Acres Stores Ltd (Registered number: 11862037)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


High Acres Stores Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs Nila Prataprai Dave





REGISTERED OFFICE: 32 Madeley Road
Kingswinford
West Midlands
DY6 8PF





REGISTERED NUMBER: 11862037 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

High Acres Stores Ltd (Registered number: 11862037)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 32,205 30,280

CURRENT ASSETS
Inventories 23,986 23,902
Debtors 5 80 430
Cash at bank and in hand 35,478 35,390
59,544 59,722
CREDITORS
Amounts falling due within one year 6 25,628 22,159
NET CURRENT ASSETS 33,916 37,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,121

67,843

CREDITORS
Amounts falling due after more than one
year

7

11,471

16,767
NET ASSETS 54,650 51,076

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 54,550 50,976
SHAREHOLDERS' FUNDS 54,650 51,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

High Acres Stores Ltd (Registered number: 11862037)

Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2024 and were signed by:





Mrs Nila Prataprai Dave - Director


High Acres Stores Ltd (Registered number: 11862037)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

High Acres Stores Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023 59,605
Additions 12,660
At 31 March 2024 72,265
DEPRECIATION
At 1 April 2023 29,325
Charge for year 10,735
At 31 March 2024 40,060
NET BOOK VALUE
At 31 March 2024 32,205
At 31 March 2023 30,280

High Acres Stores Ltd (Registered number: 11862037)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 80 430

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,695 6,669
Taxation and social security 3,909 3,810
Other creditors 18,024 11,680
25,628 22,159

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,471 16,767

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100