1 March 2023 false No description of principal activity Taxfiler 2024.5 11826533business:PrivateLimitedCompanyLtd2023-03-012024-02-29 118265332023-02-28 118265332023-03-012024-02-29 11826533business:AuditExemptWithAccountantsReport2023-03-012024-02-29 11826533business:FilletedAccounts2023-03-012024-02-29 118265332024-02-29 11826533business:Director12023-03-012024-02-29 11826533business:RegisteredOffice2023-03-012024-02-29 11826533core:WithinOneYear2024-02-29 11826533core:AfterOneYear2024-02-29 11826533core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 11826533core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 11826533core:PreviouslyStatedAmount2024-02-29 11826533business:SmallEntities2023-03-012024-02-29 11826533countries:EnglandWales2023-03-012024-02-29 11826533core:Goodwill2023-02-28 11826533core:Goodwill2024-02-29 11826533core:Goodwill2023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 11826533 (England and Wales)
R&A NEWS AND STORES LTD Unaudited accounts for the year ended 29 February 2024
R&A NEWS AND STORES LTD Unaudited accounts Contents
Page
- 2 -
R&A NEWS AND STORES LTD Company Information for the year ended 29 February 2024
Director
SAGAR, Arfan Ahmed
Company Number
11826533 (England and Wales)
Registered Office
55 BROAD STREET HEREFORD HR4 9AB WALES
Accountants
XEN ACCOUNTANTS LTD 102 A COMMERCIAL STREET NEWPORT NP20 1LU
- 3 -
R&A NEWS AND STORES LTD Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Current assets
Inventories
15,125 
Debtors
26 
Cash at bank and in hand
10,677 
25,828 
Creditors: amounts falling due within one year
(10,407)
Net current assets
15,421 
Total assets less current liabilities
15,421 
Creditors: amounts falling due after more than one year
(14,000)
Net assets
1,421 
Capital and reserves
Called up share capital
2 
Profit and loss account
1,419 
Shareholders' funds
1,421 
For the year ending 29 February 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 17 October 2024 and were signed on its behalf by
SAGAR, Arfan Ahmed Director Company Registration No. 11826533
- 4 -
R&A NEWS AND STORES LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
R&A NEWS AND STORES LTD is a private company, limited by shares, registered in England and Wales, registration number 11826533. The registered office is 55 BROAD STREET, HEREFORD, HR4 9AB, WALES.
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 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
25,000 
At 29 February 2024
25,000 
Amortisation
At 1 March 2023
20,000 
Charge for the year
5,000 
At 29 February 2024
25,000 
Net book value
At 29 February 2024
- 
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
26 
- 5 -
R&A NEWS AND STORES LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
577 
Trade creditors
3,949 
Taxes and social security
3,614 
Loans from directors
1,072 
Accruals
1,195 
10,407 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
14,000 
8
Average number of employees
During the year the average number of employees was 8.
- 6 -