ULTIMATE RETAIL GROUP LTD

Company Registration Number:
10214239 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

ULTIMATE RETAIL GROUP LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ULTIMATE RETAIL GROUP LTD

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

ONLINE SALES THROUGH INTERNET ORDERS



Directors

The director shown below has held office during the whole of the period from
1 July 2023 to 30 June 2024

Mirullah DOULATZAI


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 March 2025

And signed on behalf of the board by:
Name: Mirullah DOULATZAI
Status: Director

ULTIMATE RETAIL GROUP LTD

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 2,344,076 1,805,955
Cost of sales: ( 1,897,256 ) ( 1,151,968 )
Gross profit(or loss): 446,820 653,987
Distribution costs: ( 230,326 ) ( 351,157 )
Administrative expenses: ( 125,305 ) ( 82,229 )
Operating profit(or loss): 91,189 220,601
Profit(or loss) before tax: 91,189 220,601
Tax: ( 20,415 ) ( 45,107 )
Profit(or loss) for the financial year: 70,774 175,494

ULTIMATE RETAIL GROUP LTD

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 7,765 10,231
Total fixed assets: 7,765 10,231
Current assets
Stocks: 4 300,195 222,107
Cash at bank and in hand: 450,010 1,172,475
Total current assets: 750,205 1,394,582
Creditors: amounts falling due within one year: 5 ( 230,298 ) ( 406,052 )
Net current assets (liabilities): 519,907 988,530
Total assets less current liabilities: 527,672 998,761
Creditors: amounts falling due after more than one year: 6 ( 179,020 ) ( 644,163 )
Total net assets (liabilities): 348,652 354,598
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 348,552 354,498
Total Shareholders' funds: 348,652 354,598

The notes form part of these financial statements

ULTIMATE RETAIL GROUP LTD

Balance sheet statements

For the year ending 30 June 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.

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 24 March 2025
and signed on behalf of the board by:

Name: Mirullah DOULATZAI
Status: Director

The notes form part of these financial statements

ULTIMATE RETAIL GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 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

    Tangible fixed assets depreciation policy

    18% ON REDUCE BALNCE BASIS

ULTIMATE RETAIL GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

ULTIMATE RETAIL GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 0 1,500 1,000 21,289 23,789
Additions
Disposals
Revaluations
Transfers 177 177
At 30 June 2024 0 1,500 1,000 21,112 23,612
Depreciation
At 1 July 2023 1,390 718 11,450 13,558
Charge for year 108 69 2,112 2,289
On disposals
Other adjustments
At 30 June 2024 1,498 787 13,562 15,847
Net book value
At 30 June 2024 0 2 213 7,550 7,765
At 30 June 2023 0 110 282 9,839 10,231

ULTIMATE RETAIL GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Stocks

2024 2023
£ £
Stocks 300,195 222,107
Total 300,195 222,107

ULTIMATE RETAIL GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 167,228 303,969
Taxation and social security 20,415 45,107
Accruals and deferred income 800 800
Other creditors 41,855 56,176
Total 230,298 406,052

ULTIMATE RETAIL GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 8,300 29,044
Other creditors 170,720 615,119
Total 179,020 644,163