Company Registration No. 13199223 (England and Wales)
Corner Express Stores Ltd
Unaudited accounts
for the year ended 29 February 2024
Corner Express Stores Ltd
Unaudited accounts
Contents
Corner Express Stores Ltd
Company Information
for the year ended 29 February 2024
Company Number
13199223 (England and Wales)
Registered Office
251 Main Street
Thornton
Coalville
LE67 1AJ
United Kingdom
Corner Express Stores Ltd
Statement of financial position
as at 29 February 2024
Intangible assets
35,000
35,000
Tangible assets
31,615
34,410
Cash at bank and in hand
34,463
35,056
Creditors: amounts falling due within one year
(65,455)
(102,060)
Net current assets/(liabilities)
17,976
(21,704)
Called up share capital
100
100
Profit and loss account
84,491
47,606
Shareholders' funds
84,591
47,706
For the year ending 29 February 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 18 March 2025 and were signed on its behalf by
Surinder Singh
Director
Company Registration No. 13199223
Corner Express Stores Ltd
Notes to the Accounts
for the year ended 29 February 2024
Corner Express Stores Ltd is a private company, limited by shares, registered in England and Wales, registration number 13199223. The registered office is 251 Main Street, Thornton, Coalville, LE67 1AJ, United Kingdom.
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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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 29 February 2024
35,000
At 29 February 2024
35,000
At 28 February 2023
35,000
Corner Express Stores Ltd
Notes to the Accounts
for the year ended 29 February 2024
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
15,000
25,000
40,000
At 29 February 2024
15,000
25,000
40,000
At 1 March 2023
1,480
4,110
5,590
Charge for the year
740
2,055
2,795
At 29 February 2024
2,220
6,165
8,385
At 29 February 2024
12,780
18,835
31,615
At 28 February 2023
13,520
20,890
34,410
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
226
523
Taxes and social security
-
4,319
Loans from directors
61,868
91,868
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Average number of employees
During the year the average number of employees was 0 (2023: 0).