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REGISTERED NUMBER: 14751590 (England and Wales)


Financial Statements for the Period 23 March 2023 to 31 March 2024

for

P&J Stores Ltd

P&J Stores Ltd (Registered number: 14751590)






Contents of the Financial Statements
for the Period 23 March 2023 to 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


P&J Stores Ltd

Company Information
for the Period 23 March 2023 to 31 March 2024







DIRECTORS: Mr. Vipul Patel
Mrs. Arti Patel





REGISTERED OFFICE: Bridge House
9 - 13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 14751590 (England and Wales)





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

P&J Stores Ltd (Registered number: 14751590)

Statement of Financial Position
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 85,205
Tangible assets 5 357
85,562

CURRENT ASSETS
Stocks 21,972
Debtors 6 3,369
Cash at bank and in hand 86,382
111,723
CREDITORS
Amounts falling due within one year 7 193,736
NET CURRENT LIABILITIES (82,013 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,549

CAPITAL AND RESERVES
Called up share capital 8 200
Retained earnings 3,349
SHAREHOLDERS' FUNDS 3,549

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

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

The directors acknowledge their 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.

P&J Stores Ltd (Registered number: 14751590)

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 Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





Mr. Vipul Patel - Director


P&J Stores Ltd (Registered number: 14751590)

Notes to the Financial Statements
for the Period 23 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

P&J 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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
Stocks 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 period was 3 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 85,205
At 31 March 2024 85,205
NET BOOK VALUE
At 31 March 2024 85,205

P&J Stores Ltd (Registered number: 14751590)

Notes to the Financial Statements - continued
for the Period 23 March 2023 to 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 440
At 31 March 2024 440
DEPRECIATION
Charge for period 83
At 31 March 2024 83
NET BOOK VALUE
At 31 March 2024 357

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,787
Other debtors 582
3,369

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 2,895
Taxation and social security 5,148
Other creditors 185,693
193,736

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
200 Ordinary £1 200

200 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.