Company Registration No. 13179296 (England and Wales)
DALELAND STORES LTD
Unaudited accounts
for the year ended 29 February 2024
DALELAND STORES LTD
Unaudited accounts
Contents
DALELAND STORES LTD
Company Information
for the year ended 29 February 2024
Directors
Jaimon George
Sojan Jose
Vincent Chittettukalam Kuriakose
Vinu Kurisunkal Hormis
Company Number
13179296 (England and Wales)
Registered Office
Costcutter
Dalelands West
Market Drayton
TF9 1DQ
DALELAND STORES LTD
Statement of financial position
as at 29 February 2024
Intangible assets
70,654
73,598
Tangible assets
24,392
16,537
Cash at bank and in hand
2,853
9,328
Creditors: amounts falling due within one year
(31,542)
(33,396)
Net current assets
19,217
22,555
Total assets less current liabilities
114,263
112,690
Creditors: amounts falling due after more than one year
(135,614)
(106,628)
Provisions for liabilities
Deferred tax
(2,535)
(2,535)
Net (liabilities)/assets
(23,886)
3,527
Called up share capital
4
4
Profit and loss account
(23,890)
3,523
Shareholders' funds
(23,886)
3,527
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 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 29 November 2024 and were signed on its behalf by
Jaimon George
Director
Company Registration No. 13179296
DALELAND STORES LTD
Notes to the Accounts
for the year ended 29 February 2024
DALELAND STORES LTD is a private company, limited by shares, registered in England and Wales, registration number 13179296. The registered office is Costcutter, Dalelands West, Market Drayton, TF9 1DQ.
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.
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 at 4%
4
Intangible fixed assets
Goodwill
At 29 February 2024
79,859
At 29 February 2024
70,654
At 28 February 2023
73,598
DALELAND STORES LTD
Notes to the Accounts
for the year ended 29 February 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
2,702
15,995
5,600
233
24,530
Additions
-
-
12,300
-
12,300
At 29 February 2024
2,702
15,995
17,900
233
36,830
At 1 March 2023
885
5,240
1,835
33
7,993
Charge for the year
327
1,936
2,146
36
4,445
At 29 February 2024
1,212
7,176
3,981
69
12,438
At 29 February 2024
1,490
8,819
13,919
164
24,392
At 28 February 2023
1,817
10,755
3,765
200
16,537
Amounts falling due within one year
Amounts due from group undertakings etc.
690
-
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
288
Other creditors
7,083
23,776
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
135,614
106,628
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).