The Corner Stores (suffolk) Limited 04639980 General Stores false 1 February 2023 04639980 2023-02-01 2024-01-31 04639980 2023-01-31 04639980 2024-01-31 04639980 2022-02-01 2023-01-31 04639980 2022-01-31 04639980 2023-01-31 04639980 frs102-bus:FRS102 2023-02-01 2024-01-31 04639980 frs102-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 04639980 frs102-bus:FullAccounts 2023-02-01 2024-01-31 04639980 frs102-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 04639980 frs102-core:CurrentFinancialInstruments 2024-01-31 04639980 frs102-core:CurrentFinancialInstruments 2023-01-31 04639980 frs102-core:ShareCapital 2024-01-31 04639980 frs102-core:ShareCapital 2023-01-31 04639980 frs102-core:RetainedEarningsAccumulatedLosses 2024-01-31 04639980 frs102-core:RetainedEarningsAccumulatedLosses 2023-01-31 04639980 frs102-bus:Director1 2023-02-01 2024-01-31 04639980 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-02-01 2024-01-31 04639980 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-01-31 04639980 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2024-01-31 04639980 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-01-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
04639980
The Corner Stores (suffolk) Limited
Unaudited Accounts
for the year ended
31 January 2024
The Corner Stores (suffolk) Limited
Balance Sheet
as at 31 January 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 5 62,000 62,000
Tangible assets 6 66,900 55,126
128,900 117,126
Current assets
Stocks 26,000 26,000
Cash at bank and in hand 192,963 148,457
218,963 174,457
Creditors: amounts falling due within one year 7 (106,570) (95,224)
Net current assets / (liabilities) 112,393 79,233
Total assets less current liabilities 241,293 196,359
Provisions for liabilities (0) (0)
Total net assets (liabilities) 241,293 196,359
Capital and reserves
Called up share capital 4 4
Profit and loss account 241,289 196,355
Shareholders' funds 241,293 196,359

The Corner Stores (suffolk) Limited
Balance Sheet
as at 31 January 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 January 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr C Warren

Director


Approved by the board on 11 October 2024

Company Number: 04639980 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

9 Brandon Road
Mildenhall
Suffolk
IP28 7HZ

The Corner Stores (suffolk) Limited
Notes to the Accounts
for the year ended 31 January 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures, fittings, tools & equipment 20% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:

2024

2023
£ £
Directors' remuneration 59,161 47,450

3. Taxation
2024 2023
£ £
UK Corporation Tax 6,476 6,334
Tax on profit/(loss) on ordinary activities 6,476 6,334

4. Employees
2024 2023
Average number of employees during the period 15 16

5. Intangible fixed assets
Total
Cost £
At 1 February 2023 62,000
At 31 January 2024 62,000
Amortisation
At 1 February 2023 0
At 31 January 2024 0
Net book value
At 31 January 2024 62,000
At 31 January 2023 62,000

6. Tangible fixed assets
Fixtures, fittings, tools & equipment Total
Cost or valuation £ £
At 1 February 2023 219,743 219,743
Additions 28,499 28,499
At 31 January 2024 248,242 248,242
Depreciation
At 1 February 2023 164,617 164,617
Charge for the period 16,725 16,725
At 31 January 2024 181,342 181,342
Net book value
At 31 January 2024 66,900 66,900
At 31 January 2023 55,126 55,126

7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 23,488 29,779
Taxation & social security 13,967 9,354
Other creditors 69,115 56,091
106,570 95,224

8. Dividends
2024 2023
£ £
Total dividend payment 3,000 6,000