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REGISTERED NUMBER: 11800367 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Metro C23 Stores Limited

Metro C23 Stores Limited (Registered number: 11800367)

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

Report of the Accountants 7

Metro C23 Stores Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mrs P K Mehat





SECRETARY:





REGISTERED OFFICE: Trust House
St James' Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL





REGISTERED NUMBER: 11800367 (England and Wales)





ACCOUNTANTS: Isaacs
Trust House
St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL

Metro C23 Stores Limited (Registered number: 11800367)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 240,459 248,214

CURRENT ASSETS
Stocks 54,713 52,865
Debtors 5 209,950 224,700
Cash at bank and in hand 60,708 16,134
325,371 293,699
CREDITORS
Amounts falling due within one year 6 103,359 47,706
NET CURRENT ASSETS 222,012 245,993
TOTAL ASSETS LESS CURRENT
LIABILITIES

462,471

494,207

CREDITORS
Amounts falling due after more than one year 7 (221,883 ) (286,683 )

PROVISIONS FOR LIABILITIES (6,297 ) (8,792 )
NET ASSETS 234,291 198,732

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 234,191 198,632
234,291 198,732

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 her 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.

Metro C23 Stores Limited (Registered number: 11800367)

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 30 October 2024 and were signed by:





Mrs P K Mehat - Director


Metro C23 Stores Limited (Registered number: 11800367)

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


1. STATUTORY INFORMATION

Metro C23 Stores Limited 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 reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Metro C23 Stores Limited (Registered number: 11800367)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 201,938 79,699 281,637
Additions - 1,875 1,875
At 31 January 2024 201,938 81,574 283,512
DEPRECIATION
At 1 February 2023 - 33,423 33,423
Charge for year - 9,630 9,630
At 31 January 2024 - 43,053 43,053
NET BOOK VALUE
At 31 January 2024 201,938 38,521 240,459
At 31 January 2023 201,938 46,276 248,214

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 209,950 224,700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 40,134 26,282
Taxation and social security 55,646 19,824
Other creditors 7,579 1,600
103,359 47,706

Metro C23 Stores Limited (Registered number: 11800367)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 25,450 35,210
Other creditors 196,433 251,473
221,883 286,683

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 25,450 35,210

Metro C23 Stores Limited

Report of the Accountants to the Director of
Metro C23 Stores Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Isaacs
Trust House
St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL


Date: .............................................