Company Registration No. 9958048 (England and Wales)
SHIMLA SUPERSTORE LIMITED
Unaudited accounts
for the year ended 31 January 2024
SHIMLA SUPERSTORE LIMITED
Unaudited accounts
Contents
SHIMLA SUPERSTORE LIMITED
Company Information
for the year ended 31 January 2024
Directors
Shahzad Ali Abbasi
Muhammad Nadeem
Company Number
9958048 (England and Wales)
Registered Office
36 CLAYTON ROAD
BRADFORD
BD7 2LT
ENGLAND
SHIMLA SUPERSTORE LIMITED
Statement of financial position
as at 31 January 2024
Intangible assets
20,000
20,000
Tangible assets
398,707
401,623
Inventories
94,925
100,550
Cash at bank and in hand
10,880
13,810
Creditors: amounts falling due within one year
(202,945)
(218,951)
Net current liabilities
(68,496)
(61,785)
Total assets less current liabilities
350,211
359,838
Creditors: amounts falling due after more than one year
(228,536)
(245,799)
Net assets
121,675
114,039
Called up share capital
100
100
Profit and loss account
121,575
113,939
Shareholders' funds
121,675
114,039
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by
Shahzad Ali Abbasi
Director
Company Registration No. 9958048
SHIMLA SUPERSTORE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
SHIMLA SUPERSTORE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9958048. The registered office is 36 CLAYTON ROAD, BRADFORD, BD7 2LT, ENGLAND.
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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 year, 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
SHIMLA SUPERSTORE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
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Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
408,634
17,183
425,817
At 31 January 2024
408,634
17,183
425,817
At 1 February 2023
7,932
16,262
24,194
Charge for the year
2,686
230
2,916
At 31 January 2024
10,618
16,492
27,110
At 31 January 2024
398,016
691
398,707
At 31 January 2023
400,702
921
401,623
Amounts falling due within one year
Trade debtors
25,007
30,996
Amounts falling due after more than one year
Other debtors
3,637
11,810
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,184
36,804
Taxes and social security
12,607
14,453
Loans from directors
165,954
166,094
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
228,536
245,799
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Average number of employees
During the year the average number of employees was 0 (2023: 0).