REGISTERED NUMBER: |
Financial Statements for the Period 3 February 2023 to 31 March 2024 |
for |
Dhillon Convenience Store Limited |
REGISTERED NUMBER: |
Financial Statements for the Period 3 February 2023 to 31 March 2024 |
for |
Dhillon Convenience Store Limited |
Dhillon Convenience Store Limited (Registered number: 14637781) |
Contents of the Financial Statements |
for the Period 3 February 2023 to 31 March 2024 |
Page |
Statement of Financial Position | 1 |
Notes to the Financial Statements | 3 |
Dhillon Convenience Store Limited (Registered number: 14637781) |
Statement of Financial Position |
31 March 2024 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 3 |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Inventories | 5 |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Dhillon Convenience Store Limited (Registered number: 14637781) |
Statement of Financial Position - continued |
31 March 2024 |
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 |
Dhillon Convenience Store Limited (Registered number: 14637781) |
Notes to the Financial Statements |
for the Period 3 February 2023 to 31 March 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net sales of invoiced goods and services excluding Value Added Tax. |
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of a business in 2024. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Long term contracts are stated at net cost less foreseeable losses less any applicable payments on account. The amount recorded as revenue in respect of long term contracts is ascertained by reference to the value of the work carried out to date. Attributable profit is recognised as the difference between recorded revenue and related costs. |
2. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
3. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
Additions |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
Dhillon Convenience Store Limited (Registered number: 14637781) |
Notes to the Financial Statements - continued |
for the Period 3 February 2023 to 31 March 2024 |
4. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
Additions |
At 31 March 2024 |
DEPRECIATION |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
5. | INVENTORIES |
£ |
Stocks | 22,054 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Hire purchase contracts |
Other Creditors- 1 |
Dhillon Convenience Store Limited (Registered number: 14637781) |
Notes to the Financial Statements - continued |
for the Period 3 February 2023 to 31 March 2024 |
9. | CALLED UP SHARE CAPITAL |
Allotted and issued: |
Number: | Class: | Nominal |
value: | £ |
Share capital 1 | £1 | 100 |
100 Ordinary shares of £1 each were allotted |