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Company Registration No. 12484407 (England and Wales)
SELECT 'N' SAVE LTD Unaudited accounts for the year ended 29 February 2024
SELECT 'N' SAVE LTD Unaudited accounts Contents
Page
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SELECT 'N' SAVE LTD Company Information for the year ended 29 February 2024
Director
Gurnam Singh Langani
Company Number
12484407 (England and Wales)
Registered Office
31 WEST END ROAD SOUTHALL UB1 1JQ ENGLAND
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SELECT 'N' SAVE LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,600 
23,300 
Current assets
Inventories
98,050 
95,850 
Cash at bank and in hand
3,273 
3,464 
101,323 
99,314 
Creditors: amounts falling due within one year
(6,583)
(4,583)
Net current assets
94,740 
94,731 
Total assets less current liabilities
115,340 
118,031 
Creditors: amounts falling due after more than one year
(111,676)
(115,446)
Net assets
3,664 
2,585 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,564 
2,485 
Shareholders' funds
3,664 
2,585 
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 15 November 2024 and were signed on its behalf by
Gurnam Singh Langani Director Company Registration No. 12484407
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SELECT 'N' SAVE LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SELECT 'N' SAVE LTD is a private company, limited by shares, registered in England and Wales, registration number 12484407. The registered office is 31 WEST END ROAD, SOUTHALL, UB1 1JQ, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
10% Straight line basis
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
27,000 
At 29 February 2024
27,000 
Depreciation
At 1 March 2023
3,700 
Charge for the year
2,700 
At 29 February 2024
6,400 
Net book value
At 29 February 2024
20,600 
At 28 February 2023
23,300 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,583 
4,583 
Accruals
2,000 
- 
6,583 
4,583 
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SELECT 'N' SAVE LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
31,667 
36,666 
Taxes and social security
9 
- 
Loans from directors
80,000 
78,780 
111,676 
115,446 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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