Company Registration No. 04409443 (England and Wales)
ACT.R Retail Ltd
Unaudited accounts
for the year ended 31 March 2024
ACT.R Retail Ltd
Unaudited accounts
Contents
ACT.R Retail Ltd
Company Information
for the year ended 31 March 2024
Director
Balwinder Singh Sekhon
Company Number
04409443 (England and Wales)
Registered Office
UNIT 113 RIVER WALK
HALTON LEA SHOPPING CENTRE
RUNCORN
CHESHIRE
WA7 2BX
ENGLAND
Accountants
Saghir Ahmad and Company
International Accountants
2nd Floor,
33 Bent Street
Manchester
M8 8NW
ACT.R Retail Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
2,224
2,616
Inventories
174,735
188,235
Cash at bank and in hand
54,497
90,572
Creditors: amounts falling due within one year
(127,087)
(193,651)
Net current assets
485,216
473,608
Total assets less current liabilities
487,440
476,224
Creditors: amounts falling due after more than one year
(21,667)
(31,667)
Net assets
465,773
444,557
Called up share capital
100
100
Profit and loss account
465,673
444,457
Shareholders' funds
465,773
444,557
For the year ending 31 March 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 27 January 2025 and were signed on its behalf by
Balwinder Singh Sekhon
Director
Company Registration No. 04409443
ACT.R Retail Ltd
Notes to the Accounts
for the year ended 31 March 2024
ACT.R Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 04409443. The registered office is UNIT 113 RIVER WALK, HALTON LEA SHOPPING CENTRE, RUNCORN, CHESHIRE, WA7 2BX, 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.
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:
Fixtures & fittings
15% PA on reducing balance basis
4
Tangible fixed assets
Fixtures & fittings
ACT.R Retail Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
373,190
387,080
Amounts due from group undertakings etc.
4,548
-
Accrued income and prepayments
1,236
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
259
-
Trade creditors
97,401
172,992
Taxes and social security
4,414
7,169
Loans from directors
13,366
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).