Company Registration No. 12343677 (England and Wales)
BARGAINS CASH & CARRY LTD
Unaudited accounts
for the year ended 31 December 2023
BARGAINS CASH & CARRY LTD
Company Information
for the year ended 31 December 2023
Director
Munif Ahmed Saif AL MUHRAMI
Company Number
12343677 (England and Wales)
Registered Office
30a Carlisle Street
SHEFFIELD
S4 7LJ
ENGLAND
Accountants
GRAYSON & MO ACCOUNTANTS AND TAX ADVISORS
2A Hallcar Street
sheffield
S4 7JY
BARGAINS CASH & CARRY LTD
Statement of financial position
as at 31 December 2023
Tangible assets
8,369
7,461
Cash at bank and in hand
36,413
24,863
Creditors: amounts falling due within one year
(15,881)
(36,432)
Net current assets
61,498
48,531
Total assets less current liabilities
69,867
55,992
Creditors: amounts falling due after more than one year
(216,317)
(233,333)
Net liabilities
(146,450)
(177,341)
Called up share capital
1
1
Profit and loss account
(146,451)
(177,342)
Shareholders' funds
(146,450)
(177,341)
For the year ending 31 December 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 September 2024 and were signed on its behalf by
Munif Ahmed Saif AL MUHRAMI
Director
Company Registration No. 12343677
BARGAINS CASH & CARRY LTD
Notes to the Accounts
for the year ended 31 December 2023
BARGAINS CASH & CARRY LTD is a private company, limited by shares, registered in England and Wales, registration number 12343677. The registered office is 30a Carlisle Street, SHEFFIELD, S4 7LJ, 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.
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 January 2023
2,876
10,770
930
14,576
At 31 December 2023
2,876
10,770
3,930
17,576
At 1 January 2023
1,405
5,257
453
7,115
Charge for the year
294
1,103
695
2,092
At 31 December 2023
1,699
6,360
1,148
9,207
At 31 December 2023
1,177
4,410
2,782
8,369
At 31 December 2022
1,471
5,513
477
7,461
BARGAINS CASH & CARRY LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,752
8,333
Taxes and social security
2,498
6,554
Other creditors
2,023
12,504
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
200,000
200,000
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).