PRINCE CASH & CARRY LIMITED

Company Registration Number:
06811397 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 April 2023

End date: 30 June 2024

PRINCE CASH & CARRY LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

PRINCE CASH & CARRY LIMITED

Balance sheet

As at 30 June 2024


Notes

15 months to 30 June 2024

2023


£

£
Fixed assets
Tangible assets: 3 11,434 15,175
Total fixed assets: 11,434 15,175
Current assets
Stocks: 406,395 281,725
Debtors:   1,746,570 1,314,799
Cash at bank and in hand: 12,346 18,499
Total current assets: 2,165,311 1,615,023
Creditors: amounts falling due within one year:   (371,223) (913,216)
Net current assets (liabilities): 1,794,088 701,807
Total assets less current liabilities: 1,805,522 716,982
Creditors: amounts falling due after more than one year:   (1,151,863) (158,468)
Provision for liabilities: (1,833) (1,933)
Total net assets (liabilities): 651,826 556,581
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 650,826 555,581
Shareholders funds: 651,826 556,581

The notes form part of these financial statements

PRINCE CASH & CARRY LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 November 2024
and signed on behalf of the board by:

Name: A S Chawla
Status: Director

The notes form part of these financial statements

PRINCE CASH & CARRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRINCE CASH & CARRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

15 months to 30 June 2024 2023
Average number of employees during the period 8 6

PRINCE CASH & CARRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 122,292
At 30 June 2024 122,292
Depreciation
At 01 April 2023 107,117
Charge for year 3,741
At 30 June 2024 110,858
Net book value
At 30 June 2024 11,434
At 31 March 2023 15,175

PRINCE CASH & CARRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Related party transactions

Amounts due from related parties Chawla & Gulati Property Investments Ltd - £1,051,000 (2023 - £740,000) All Drinks Limited - £232,000 (2023 - £482,000) Drinks Wholesale Limited - Nil (2023 - £53,000)