IRIS Accounts Production v24.3.2.46 11939708 Board of Directors 1.1.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh119397082022-12-31119397082024-03-31119397082023-01-012024-03-31119397082021-12-31119397082022-01-012022-12-31119397082022-12-3111939708ns15:EnglandWales2023-01-012024-03-3111939708ns14:PoundSterling2023-01-012024-03-3111939708ns10:Director12023-01-012024-03-3111939708ns10:PrivateLimitedCompanyLtd2023-01-012024-03-3111939708ns10:SmallEntities2023-01-012024-03-3111939708ns10:AuditExemptWithAccountantsReport2023-01-012024-03-3111939708ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012024-03-3111939708ns10:SmallCompaniesRegimeForAccounts2023-01-012024-03-3111939708ns10:FullAccounts2023-01-012024-03-3111939708ns10:Director22023-01-012024-03-3111939708ns10:RegisteredOffice2023-01-012024-03-3111939708ns5:CurrentFinancialInstruments2024-03-3111939708ns5:CurrentFinancialInstruments2022-12-3111939708ns5:Non-currentFinancialInstruments2024-03-3111939708ns5:Non-currentFinancialInstruments2022-12-3111939708ns5:ShareCapital2024-03-3111939708ns5:ShareCapital2022-12-3111939708ns5:RetainedEarningsAccumulatedLosses2024-03-3111939708ns5:RetainedEarningsAccumulatedLosses2022-12-3111939708ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3111939708ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 11939708 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024

FOR

SUPREME DISTRIBUTORS LTD

SUPREME DISTRIBUTORS LTD (REGISTERED NUMBER: 11939708)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

SUPREME DISTRIBUTORS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024







DIRECTORS: Pishu Mirpuri
Jayant Mirpuri





REGISTERED OFFICE: 364-368 Cranbrook Rd Gants Hill
England
IG2 6HY





REGISTERED NUMBER: 11939708 (England and Wales)





ACCOUNTANTS: Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY

SUPREME DISTRIBUTORS LTD (REGISTERED NUMBER: 11939708)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.12.22
Notes £    £   
CURRENT ASSETS
Stocks 58,750 170,750
Debtors 4 94,341 52,924
Cash at bank and in hand 15,546 17,566
168,637 241,240
CREDITORS
Amounts falling due within one year 5 185,515 214,193
NET CURRENT (LIABILITIES)/ASSETS (16,878 ) 27,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,878

)

27,047

CREDITORS
Amounts falling due after more than one
year

6

35,619

42,289
NET LIABILITIES (52,497 ) (15,242 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (52,597 ) (15,342 )
(52,497 ) (15,242 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SUPREME DISTRIBUTORS LTD (REGISTERED NUMBER: 11939708)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2025 and were signed on its behalf by:





Pishu Mirpuri - Director


SUPREME DISTRIBUTORS LTD (REGISTERED NUMBER: 11939708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Supreme Distributors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net income receivable from sale of goods and services in the year, excluding value added tax.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The director has confirmed that the company will have continuous support from the creditors. It is on this basis Accounts have been prepared on the going concern basis.

SUPREME DISTRIBUTORS LTD (REGISTERED NUMBER: 11939708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.22
£    £   
Trade debtors 33,865 43,924
Other debtors 60,476 9,000
94,341 52,924

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.22
£    £   
Bank loans and overdrafts 22,823 24,005
Trade creditors 1,716 -
Taxation and social security - 7,393
Other creditors 160,976 182,795
185,515 214,193

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.12.22
£    £   
Bank loans 35,619 42,289

SUPREME DISTRIBUTORS LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
SUPREME DISTRIBUTORS LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY


Date: .............................................