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REGISTERED NUMBER: 09060222 (England and Wales)


Financial Statements for the Year Ended 30 June 2024

for

Fair Deal Cash & Carry Ltd

Fair Deal Cash & Carry Ltd (Registered number: 09060222)






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


Fair Deal Cash & Carry Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr Survir Singh Nagpal





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





REGISTERED NUMBER: 09060222 (England and Wales)





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

Fair Deal Cash & Carry Ltd (Registered number: 09060222)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 14,390 10,003

CURRENT ASSETS
Inventories 598,425 1,179,715
Debtors 5 2,382,427 1,354,059
Cash at bank and in hand 1,172,825 1,057,267
4,153,677 3,591,041
CREDITORS
Amounts falling due within one year 6 2,988,977 2,406,245
NET CURRENT ASSETS 1,164,700 1,184,796
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,179,090

1,194,799

CREDITORS
Amounts falling due after more than one
year

7

48,500

233,500
NET ASSETS 1,130,590 961,299

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,130,490 961,199
SHAREHOLDERS' FUNDS 1,130,590 961,299

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.

Fair Deal Cash & Carry Ltd (Registered number: 09060222)

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 18 March 2025 and were signed by:





Mr Survir Singh Nagpal - Director


Fair Deal Cash & Carry Ltd (Registered number: 09060222)

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

1. STATUTORY INFORMATION

Fair Deal Cash & Carry 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Inventories 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 19 (2023 - 15 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 July 2023 21,916
Additions 7,984
At 30 June 2024 29,900
DEPRECIATION
At 1 July 2023 11,913
Charge for year 3,597
At 30 June 2024 15,510
NET BOOK VALUE
At 30 June 2024 14,390
At 30 June 2023 10,003

Fair Deal Cash & Carry Ltd (Registered number: 09060222)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 630,553 480,553
Other debtors 1,751,874 873,506
2,382,427 1,354,059

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 2,689,652 2,173,159
Taxation and social security 173,827 130,165
Other creditors 125,498 102,921
2,988,977 2,406,245

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 48,500 233,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £100 100 100