1 December 2022 false Taxfiler 2024.6 true 14483366business:PrivateLimitedCompanyLtd2022-12-012023-11-29 144833662022-11-30 144833662022-12-012023-11-29 14483366business:AuditExemptWithAccountantsReport2022-12-012023-11-29 14483366business:FilletedAccounts2022-12-012023-11-29 144833662023-11-29 14483366business:Director12022-12-012023-11-29 14483366business:CompanySecretary12022-12-012023-11-29 14483366business:RegisteredOffice2022-12-012023-11-29 14483366core:WithinOneYear2023-11-29 14483366core:ShareCapitalcore:PreviouslyStatedAmount2023-11-29 14483366core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-29 14483366core:PreviouslyStatedAmount2023-11-29 14483366business:SmallEntities2022-12-012023-11-29 14483366countries:EnglandWales2022-12-012023-11-29 14483366business:OrdinaryShareClass12022-12-012023-11-29 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14483366 (England and Wales)
SUPPLIES ALLDAY LTD Unaudited accounts for the period from 1 December 2022 to 29 November 2023
SUPPLIES ALLDAY LTD Unaudited accounts Contents
Page
- 2 -
SUPPLIES ALLDAY LTD Company Information for the period from 1 December 2022 to 29 November 2023
Director
Mr. Kyle Mistry
Secretary
Mr. Kyle Mistry
Company Number
14483366 (England and Wales)
Registered Office
Capital Office 124-128 City Road London London EC1V 2NX England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd 4 Baird Road Enfield London EN1 1SJ
- 3 -
SUPPLIES ALLDAY LTD Statement of financial position as at 29 November 2023
2023 
Notes
£ 
Current assets
Inventories
1,685 
Cash at bank and in hand
20 
1,705 
Creditors: amounts falling due within one year
(3,829)
Net current liabilities
(2,124)
Net liabilities
(2,124)
Capital and reserves
Called up share capital
1 
Profit and loss account
(2,125)
Shareholders' funds
(2,124)
For the period ending 29 November 2023 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 5 January 2025 and were signed on its behalf by
Mr. Kyle Mistry Director Company Registration No. 14483366
- 4 -
SUPPLIES ALLDAY LTD Notes to the Accounts for the period from 1 December 2022 to 29 November 2023
1
Statutory information
SUPPLIES ALLDAY LTD is a private company, limited by shares, registered in England and Wales, registration number 14483366. The registered office is Capital Office, 124-128 City Road, London, London, EC1V 2NX, 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 period, 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.
Going concern
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
- 5 -
SUPPLIES ALLDAY LTD Notes to the Accounts for the period from 1 December 2022 to 29 November 2023
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investments
Investments in shares are included at fair value.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Creditors: amounts falling due within one year
2023 
£ 
Loans from directors
3,229 
Accruals
600 
3,829 
5
Share capital
2023 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
6
Transactions with related parties
At the balance sheet date, where the director held controlling interest, the company owed the director £3,229.
7
Controlling party
The company's ultimate controlling party is Mr. Kyle Mistry by virtue of his ownership of 100% of the issued share capital in the company.
8
Average number of employees
During the period the average number of employees was 1.
- 6 -