FMC RETAIL LTD

Company Registration Number:
SC565594 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

FMC RETAIL LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

FMC RETAIL LTD

Company Information

for the Period Ended 31 May 2024




Director: Shabana chaudhry
Registered office: 71-75
Hyndland Street
Glasgow
GB-SCT
G11 5PS
Company Registration Number: SC565594 (Scotland)

FMC RETAIL LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

The business is that of retailing.

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Shabana chaudhry

This report was approved by the board of directors on 28 February 2025
And Signed On Behalf Of The Board By:

Name: Shabana chaudhry
Status: Director

FMC RETAIL LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 13,763 19,158
Total fixed assets: 13,763 19,158
Current assets
Stocks: 79,593 71,147
Cash at bank and in hand: 8,055 16,410
Total current assets: 87,648 87,557
Creditors: amounts falling due within one year: ( 121,542 ) ( 144,603 )
Net current assets (liabilities): ( 33,894 ) ( 57,046 )
Total assets less current liabilities: ( 20,131 ) ( 37,888 )
Creditors: amounts falling due after more than one year: ( 23,010 ) ( 32,492 )
Total net assets (liabilities): ( 43,141 ) ( 70,380 )

The notes form part of these financial statements

FMC RETAIL LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 43,241 ) ( 70,480 )
Shareholders funds: ( 43,141 ) ( 70,380 )

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 February 2025
And Signed On Behalf Of The Board By:

Name: Shabana chaudhry
Status: Director

The notes form part of these financial statements

FMC RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FMC RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 5

FMC RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

FMC RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 51,432
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2024 51,432
Depreciation
At 01 June 2023 32,274
Charge for year 5,395
On disposals -
Other adjustments -
At 31 May 2024 37,669
Net book value
At 31 May 2024 13,763
At 31 May 2023 19,158