1 September 2023 false No description of principal activity Taxfiler 2024.5 13581815business:PrivateLimitedCompanyLtd2023-09-012024-08-31 135818152023-08-31 135818152023-09-012024-08-31 13581815business:AuditExemptWithAccountantsReport2023-09-012024-08-31 13581815business:FilletedAccounts2023-09-012024-08-31 135818152024-08-31 135818152023-08-31 13581815core:WithinOneYear2024-08-31 13581815core:WithinOneYear2023-08-31 13581815core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 13581815core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 13581815core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 13581815core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 13581815core:PreviouslyStatedAmount2024-08-31 13581815core:PreviouslyStatedAmount2023-08-31 13581815business:SmallEntities2023-09-012024-08-31 13581815business:Director12023-09-012024-08-31 13581815countries:EnglandWales2023-09-012024-08-31 13581815business:RegisteredOffice2023-09-012024-08-31 13581815core:PlantMachinery2023-09-012024-08-31 13581815core:MotorVehicles2023-09-012024-08-31 13581815core:Goodwill2023-08-31 13581815core:Goodwill2024-08-31 13581815core:Goodwill2023-09-012024-08-31 13581815core:MotorVehicles2023-08-31 13581815core:FurnitureFittings2023-08-31 13581815core:MotorVehicles2024-08-31 13581815core:FurnitureFittings2024-08-31 13581815core:FurnitureFittings2023-09-012024-08-31 135818152022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 13581815 (England and Wales)
GH Supermarket Ltd Unaudited accounts for the year ended 31 August 2024
GH Supermarket Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
73,500 
84,000 
Tangible assets
15,438 
19,298 
88,938 
103,298 
Current assets
Inventories
47,000 
75,000 
Debtors
21,225 
86,731 
Cash at bank and in hand
18,131 
1,806 
86,356 
163,537 
Creditors: amounts falling due within one year
(156,721)
(248,295)
Net current liabilities
(70,365)
(84,758)
Total assets less current liabilities
18,573 
18,540 
Provisions for liabilities
Deferred tax
(2,934)
(3,667)
Net assets
15,639 
14,873 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,539 
14,773 
Shareholders' funds
15,639 
14,873 
For the year ending 31 August 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
Hasan Ali Karakurt Director Company Registration No. 13581815
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GH Supermarket Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
GH Supermarket Ltd is a private company, limited by shares, registered in England and Wales, registration number 13581815. The registered office is 195-197 RUSHMORE ROAD, LOWER CLAPTON, LONDON, E5 0HD, 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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
105,000 
At 31 August 2024
105,000 
Amortisation
At 1 September 2023
21,000 
Charge for the year
10,500 
At 31 August 2024
31,500 
Net book value
At 31 August 2024
73,500 
At 31 August 2023
84,000 
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GH Supermarket Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
14,079 
15,980 
30,059 
At 31 August 2024
14,079 
15,980 
30,059 
Depreciation
At 1 September 2023
5,069 
5,692 
10,761 
Charge for the year
1,802 
2,058 
3,860 
At 31 August 2024
6,871 
7,750 
14,621 
Net book value
At 31 August 2024
7,208 
8,230 
15,438 
At 31 August 2023
9,010 
10,288 
19,298 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
65,395 
Accrued income and prepayments
- 
111 
Other debtors
21,225 
21,225 
21,225 
86,731 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
835 
729 
Trade creditors
11,892 
9,674 
Taxes and social security
3,112 
3,606 
Loans from directors
135,282 
230,686 
Accruals
5,600 
3,600 
156,721 
248,295 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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