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Company Registration No. 13336295 (England and Wales)
VJ Convenience Stores Limited Unaudited accounts for the year ended 30 April 2024
VJ Convenience Stores Limited Unaudited accounts Contents
Page
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VJ Convenience Stores Limited Company Information for the year ended 30 April 2024
Director
Mr Kathermali Ganesh Vijaendrann
Company Number
13336295 (England and Wales)
Registered Office
Daniel Consultancy Morrit House 54-60 Station Approach South Ruislip HA4 6SA United Kingdom
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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VJ Convenience Stores Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,220 
12,122 
Current assets
Inventories
8,360 
7,913 
Debtors
23,324 
16,236 
Cash at bank and in hand
1,584 
980 
33,268 
25,129 
Creditors: amounts falling due within one year
(18,943)
(22,398)
Net current assets
14,325 
2,731 
Total assets less current liabilities
22,545 
14,853 
Provisions for liabilities
Deferred tax
(1,562)
- 
Net assets
20,983 
14,853 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
20,883 
14,753 
Shareholders' funds
20,983 
14,853 
For the year ending 30 April 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 25 October 2024 and were signed on its behalf by
Mr Kathermali Ganesh Vijaendrann Director Company Registration No. 13336295
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VJ Convenience Stores Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
VJ Convenience Stores Limited is a private company, limited by shares, registered in England and Wales, registration number 13336295. The registered office is Daniel Consultancy Morrit House, 54-60 Station Approach, South Ruislip, HA4 6SA, United Kingdom.
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
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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.
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
20% SL
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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VJ Convenience Stores Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
19,508 
At 30 April 2024
19,508 
Depreciation
At 1 May 2023
7,386 
Charge for the year
3,902 
At 30 April 2024
11,288 
Net book value
At 30 April 2024
8,220 
At 30 April 2023
12,122 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
994 
2,135 
Accrued income and prepayments
1,050 
1,300 
Other debtors
21,280 
12,801 
23,324 
16,236 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(227)
5,488 
Trade creditors
423 
- 
Taxes and social security
3,362 
617 
Loans from directors
15,385 
16,293 
18,943 
22,398 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
1,562 
- 
2024 
2023 
£ 
£ 
Charged to the profit and loss account
1,562 
- 
Provision at end of year
1,562 
- 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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