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REGISTERED NUMBER: 14120753 (England and Wales)


Financial Statements for the Year Ended 30 June 2024

for

Quinton Superstore Ltd

Quinton Superstore Ltd (Registered number: 14120753)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Quinton Superstore Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr Guneet Singh





REGISTERED OFFICE: Bridge House
9 - 13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 14120753 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Quinton Superstore Ltd (Registered number: 14120753)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 53,659 53,659
Tangible assets 5 13,843 18,458
67,502 72,117

CURRENT ASSETS
Stocks 32,952 32,360
Debtors 6 9,501 9,965
Cash at bank and in hand 23,994 6,186
66,447 48,511
CREDITORS
Amounts falling due within one year 7 113,224 93,206
NET CURRENT LIABILITIES (46,777 ) (44,695 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,725

27,422

CREDITORS
Amounts falling due after more than one
year

8

19,641

24,551
NET ASSETS 1,084 2,871

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 1,082 2,869
SHAREHOLDERS' FUNDS 1,084 2,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Quinton Superstore Ltd (Registered number: 14120753)

Statement of Financial Position - continued
30 June 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 director and authorised for issue on 12 March 2025 and were signed by:





Mr Guneet Singh - Director


Quinton Superstore Ltd (Registered number: 14120753)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Quinton Superstore 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 sales of invoiced goods and services excluding Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 53,659
NET BOOK VALUE
At 30 June 2024 53,659
At 30 June 2023 53,659

Quinton Superstore Ltd (Registered number: 14120753)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 18,458
DEPRECIATION
Charge for year 4,615
At 30 June 2024 4,615
NET BOOK VALUE
At 30 June 2024 13,843
At 30 June 2023 18,458

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 8,872 9,965
Other debtors 629 -
9,501 9,965

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 25,765 28,472
Taxation and social security 7,797 1,983
Other creditors 79,662 62,751
113,224 93,206

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 19,641 24,551

Quinton Superstore Ltd (Registered number: 14120753)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2