Company Registration No. 11058055 (England and Wales)
MISIU CONVENIENCE STORES LTD
Unaudited accounts
for the period from 1 December 2023 to 31 August 2024
MISIU CONVENIENCE STORES LTD
Unaudited accounts
Contents
MISIU CONVENIENCE STORES LTD
Company Information
for the period from 1 December 2023 to 31 August 2024
Director
Hassan Karim Abdul rehman
Company Number
11058055 (England and Wales)
Registered Office
443 DUDLEY ROAD
SMETHWICK
WEST MIDLANDS
B18 4HE
ENGLAND
Accountants
Muhammad Idrees
462 Dudley Road
BIRMINGHAM
B18 4HF
MISIU CONVENIENCE STORES LTD
Statement of financial position
as at 31 August 2024
Tangible assets
9,004
9,225
Inventories
160,000
148,000
Cash at bank and in hand
1,742
1,302
Creditors: amounts falling due within one year
(217,601)
(189,096)
Net current liabilities
(55,859)
(39,794)
Net liabilities
(46,855)
(30,569)
Called up share capital
1
1
Profit and loss account
(46,856)
(30,570)
Shareholders' funds
(46,855)
(30,569)
For the period 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 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 11 October 2024 and were signed on its behalf by
Hassan Karim Abdul rehman
Director
Company Registration No. 11058055
MISIU CONVENIENCE STORES LTD
Notes to the Accounts
for the period from 1 December 2023 to 31 August 2024
MISIU CONVENIENCE STORES LTD is a private company, limited by shares, registered in England and Wales, registration number 11058055. The registered office is 443 DUDLEY ROAD, SMETHWICK, WEST MIDLANDS, B18 4HE, 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 period, 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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
9,750
3,400
13,150
At 31 August 2024
9,750
3,400
13,150
At 1 December 2023
1,755
2,170
3,925
Charge for the period
-
221
221
At 31 August 2024
1,755
2,391
4,146
At 31 August 2024
7,995
1,009
9,004
At 30 November 2023
7,995
1,230
9,225
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
538
606
Loans from directors
215,995
188,490
MISIU CONVENIENCE STORES LTD
Notes to the Accounts
for the period from 1 December 2023 to 31 August 2024
6
Average number of employees
During the period the average number of employees was 6 (2023: 6).