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REGISTERED NUMBER: 13158279 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

2 Brothers Supermarket Ne Ltd

2 Brothers Supermarket Ne Ltd (Registered number: 13158279)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


2 Brothers Supermarket Ne Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: A Kareem





SECRETARY:





REGISTERED OFFICE: 8 Sunderland Road
Gateshead
Tyne and Wear
NE8 3LG





REGISTERED NUMBER: 13158279 (England and Wales)

2 Brothers Supermarket Ne Ltd (Registered number: 13158279)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,280 64,715

CURRENT ASSETS
Stocks 33,952 34,863
Debtors 5 61,719 23,273
Cash at bank and in hand 2,594 11,652
98,265 69,788
CREDITORS
Amounts falling due within one year 6 7,287 113,295
NET CURRENT ASSETS/(LIABILITIES) 90,978 (43,507 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,258

21,208

CREDITORS
Amounts falling due after more than one year 7 138,465 -
NET ASSETS 11,793 21,208

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,693 21,108
SHAREHOLDERS' FUNDS 11,793 21,208

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

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

The director acknowledges his 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.

2 Brothers Supermarket Ne Ltd (Registered number: 13158279)

Balance Sheet - continued
31 January 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 10 October 2024 and were signed by:





A Kareem - Director


2 Brothers Supermarket Ne Ltd (Registered number: 13158279)

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

1. STATUTORY INFORMATION

2 Brothers Supermarket Ne 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.

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 - 20% on cost and 15% on cost

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 year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 87,900
Additions 10,000
At 31 January 2024 97,900
DEPRECIATION
At 1 February 2023 23,185
Charge for year 15,435
At 31 January 2024 38,620
NET BOOK VALUE
At 31 January 2024 59,280
At 31 January 2023 64,715

2 Brothers Supermarket Ne Ltd (Registered number: 13158279)

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

5. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Other debtors 7,961 23,273

Amounts falling due after more than one year:
Other debtors 53,758 -

Aggregate amounts 61,719 23,273

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 1 -
Taxation and social security 6,086 3,230
Other creditors 1,200 110,065
7,287 113,295

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other creditors 138,465 -