Company Registration No. 10937757 (England and Wales)
Meatline Supermarket Ltd
Unaudited accounts
for the year ended 31 January 2024
Meatline Supermarket Ltd
Unaudited accounts
Contents
Meatline Supermarket Ltd
Company Information
for the year ended 31 January 2024
Directors
Fatma Siddiqi
Khwaja Merajuddin Siddiqi
Company Number
10937757 (England and Wales)
Registered Office
20-22 High Street
Harrow
London
NW10 4LX
United Kingdom
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
Meatline Supermarket Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
35,969
47,959
Cash at bank and in hand
3,579
12,679
Creditors: amounts falling due within one year
(122,188)
(63,154)
Net current (liabilities)/assets
(9,799)
636
Total assets less current liabilities
26,170
48,595
Creditors: amounts falling due after more than one year
(51,248)
(71,962)
Net liabilities
(25,078)
(23,367)
Called up share capital
100
100
Profit and loss account
(25,178)
(23,467)
Shareholders' funds
(25,078)
(23,367)
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by
Fatma Siddiqi
Director
Company Registration No. 10937757
Meatline Supermarket Ltd
Notes to the Accounts
for the year ended 31 January 2024
Meatline Supermarket Ltd is a private company, limited by shares, registered in England and Wales, registration number 10937757. The registered office is 20-22 High Street, Harrow, London, NW10 4LX, 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
1,200
61,190
3,000
65,390
At 31 January 2024
1,200
61,190
3,000
65,390
At 1 February 2023
821
15,298
1,312
17,431
Charge for the year
95
11,473
422
11,990
At 31 January 2024
916
26,771
1,734
29,421
At 31 January 2024
284
34,419
1,266
35,969
At 31 January 2023
379
45,892
1,688
47,959
Amounts falling due within one year
Amounts due from group undertakings etc.
104,810
47,111
Meatline Supermarket Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
10,714
10,714
Trade creditors
5,674
3,425
Taxes and social security
2,505
-
Loans from directors
94,114
40,302
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
31,248
41,962
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).