19 May 2023 false No description of principal activity Taxfiler 2024.6 14880313business:PrivateLimitedCompanyLtd2023-05-192024-05-31 148803132023-05-18 148803132023-05-192024-05-31 14880313business:AuditExemptWithAccountantsReport2023-05-192024-05-31 14880313business:FilletedAccounts2023-05-192024-05-31 148803132024-05-31 14880313business:Director12023-05-192024-05-31 14880313business:RegisteredOffice2023-05-192024-05-31 14880313core:WithinOneYear2024-05-31 14880313core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14880313core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14880313core:PreviouslyStatedAmount2024-05-31 14880313business:SmallEntities2023-05-192024-05-31 14880313countries:EnglandWales2023-05-192024-05-31 14880313core:PlantMachinery2023-05-192024-05-31 14880313core:FurnitureFittings2023-05-192024-05-31 14880313core:PlantMachinery2023-05-18 14880313core:FurnitureFittings2023-05-18 14880313core:PlantMachinery2024-05-31 14880313core:FurnitureFittings2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14880313 (England and Wales)
Threepenny Convenience Store Ltd Unaudited accounts for the period from 19 May 2023 to 31 May 2024
Threepenny Convenience Store Ltd Unaudited accounts Contents
Page
- 2 -
Threepenny Convenience Store Ltd Company Information for the period from 19 May 2023 to 31 May 2024
Director
Khairi Qasim Mashko Kaedi
Company Number
14880313 (England and Wales)
Registered Office
Threepenny House 1 Bridge Street Ipswich IP1 1XH United Kingdom
- 3 -
Threepenny Convenience Store Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
9,858 
Current assets
Inventories
14,723 
Debtors
50,000 
Cash at bank and in hand
50,072 
114,795 
Creditors: amounts falling due within one year
(102,176)
Net current assets
12,619 
Net assets
22,477 
Capital and reserves
Called up share capital
100 
Profit and loss account
22,377 
Shareholders' funds
22,477 
For the period ending 31 May 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 9 January 2025 and were signed on its behalf by
Khairi Qasim Mashko Kaedi Director Company Registration No. 14880313
- 4 -
Threepenny Convenience Store Ltd Notes to the Accounts for the period from 19 May 2023 to 31 May 2024
1
Statutory information
Threepenny Convenience Store Ltd is a private company, limited by shares, registered in England and Wales, registration number 14880313. The registered office is Threepenny House, 1 Bridge Street, Ipswich, IP1 1XH, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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:
Plant & machinery
25 % RBM
Fixtures & fittings
25 % RBM
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 19 May 2023
- 
- 
- 
Additions
750 
12,395 
13,145 
At 31 May 2024
750 
12,395 
13,145 
Depreciation
Charge for the period
188 
3,099 
3,287 
At 31 May 2024
188 
3,099 
3,287 
Net book value
At 31 May 2024
562 
9,296 
9,858 
- 5 -
Threepenny Convenience Store Ltd Notes to the Accounts for the period from 19 May 2023 to 31 May 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
50,000 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
2,505 
Trade creditors
24,982 
Taxes and social security
4,230 
Other creditors
4,302 
Loans from directors
45,419 
Accruals
20,738 
102,176 
7
Average number of employees
During the period the average number of employees was 3.
- 6 -