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REGISTERED NUMBER: 05067122 (England and Wales)


Financial Statements for the Year Ended 30 April 2024

for

Yogi Convenience Stores Limited

Yogi Convenience Stores Limited (Registered number: 05067122)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Yogi Convenience Stores Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr Ashish Ramanlal Patel





SECRETARY: Mrs Priti Patel





REGISTERED OFFICE: Bridge House
9 - 13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 05067122 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Yogi Convenience Stores Limited (Registered number: 05067122)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 80,000 80,000
Property, plant and equipment 5 17,383 23,179
97,383 103,179

CURRENT ASSETS
Inventories 28,745 28,643
Debtors 6 1,397 1,043
Cash at bank and in hand 43,759 39,797
73,901 69,483
CREDITORS
Amounts falling due within one year 7 135,091 138,343
NET CURRENT LIABILITIES (61,190 ) (68,860 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,193

34,319

CREDITORS
Amounts falling due after more than one
year

8

33,559

39,058
NET ASSETS/(LIABILITIES) 2,634 (4,739 )

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 2,632 (4,741 )
SHAREHOLDERS' FUNDS 2,634 (4,739 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Yogi Convenience Stores Limited (Registered number: 05067122)

Statement of Financial Position - continued
30 April 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 14 November 2024 and were signed by:





Mr Ashish Ramanlal Patel - Director


Yogi Convenience Stores Limited (Registered number: 05067122)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Yogi Convenience 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 represents net sales of goods and services excluding value added tax.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 80,000
NET BOOK VALUE
At 30 April 2024 80,000
At 30 April 2023 80,000

Yogi Convenience Stores Limited (Registered number: 05067122)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 116,581
DEPRECIATION
At 1 May 2023 93,402
Charge for year 5,796
At 30 April 2024 99,198
NET BOOK VALUE
At 30 April 2024 17,383
At 30 April 2023 23,179

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 1,397 1,043

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 27,591 22,836
Taxation and social security 4,735 7,787
Other creditors 102,765 107,720
135,091 138,343

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 33,559 39,058

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
2 Ordinary £1 2 2

Yogi Convenience Stores Limited (Registered number: 05067122)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. RELATED PARTY DISCLOSURES

During the year, the Company has paid rent of £6,000 (£6,000: 2023) being the business property owned by the director.