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Company Registration No. 13785709 (England and Wales)
PROVISION STORE LTD Unaudited accounts for the year ended 31 December 2023
PROVISION STORE LTD Unaudited accounts Contents
Page
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PROVISION STORE LTD Company Information for the year ended 31 December 2023
Director
Nicholas James Newman
Company Number
13785709 (England and Wales)
Registered Office
67 KNOWLES HILL CRESCENT LONDON SE13 6DT UNITED KINGDOM
Accountants
Pope Accountancy Services Ltd 13 Douglas Road Southbourne BH6 3ER
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PROVISION STORE LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,646 
612 
Current assets
Inventories
16,104 
15,000 
Debtors
(1,194)
2,450 
Cash at bank and in hand
28,622 
4,272 
43,532 
21,722 
Creditors: amounts falling due within one year
(15,329)
(13,700)
Net current assets
28,203 
8,022 
Total assets less current liabilities
48,849 
8,634 
Creditors: amounts falling due after more than one year
(20,250)
- 
Net assets
28,599 
8,634 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
28,598 
8,633 
Shareholders' funds
28,599 
8,634 
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 24 September 2024 and were signed on its behalf by
Nicholas James Newman Director Company Registration No. 13785709
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PROVISION STORE LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
PROVISION STORE LTD is a private company, limited by shares, registered in England and Wales, registration number 13785709. The registered office is 67 KNOWLES HILL CRESCENT, LONDON, SE13 6DT, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
18% Reducing Balance
Computer equipment
30.5% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
- 
881 
881 
Additions
22,500 
90 
22,590 
At 31 December 2023
22,500 
971 
23,471 
Depreciation
At 1 January 2023
- 
269 
269 
Charge for the year
2,297 
259 
2,556 
At 31 December 2023
2,297 
528 
2,825 
Net book value
At 31 December 2023
20,203 
443 
20,646 
At 31 December 2022
- 
612 
612 
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PROVISION STORE LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,800 
Trade debtors
(1,194)
650 
(1,194)
2,450 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
2,690 
VAT
9,044 
- 
Trade creditors
4,340 
4,883 
Taxes and social security
1,405 
1,819 
Other creditors
- 
430 
Loans from directors
- 
3,878 
Accruals
540 
- 
15,329 
13,700 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
20,250 
- 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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