IRIS Accounts Production v24.3.2.46 08655231 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086552312023-08-31086552312024-08-31086552312023-09-012024-08-31086552312022-08-31086552312022-09-012023-08-31086552312023-08-3108655231ns15:EnglandWales2023-09-012024-08-3108655231ns14:PoundSterling2023-09-012024-08-3108655231ns10:Director12023-09-012024-08-3108655231ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3108655231ns10:SmallEntities2023-09-012024-08-3108655231ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3108655231ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3108655231ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3108655231ns10:FullAccounts2023-09-012024-08-3108655231ns10:OrdinaryShareClass12023-09-012024-08-3108655231ns10:Director22023-09-012024-08-3108655231ns10:RegisteredOffice2023-09-012024-08-3108655231ns5:CurrentFinancialInstruments2024-08-3108655231ns5:CurrentFinancialInstruments2023-08-3108655231ns5:Non-currentFinancialInstruments2024-08-3108655231ns5:Non-currentFinancialInstruments2023-08-3108655231ns5:ShareCapital2024-08-3108655231ns5:ShareCapital2023-08-3108655231ns5:RetainedEarningsAccumulatedLosses2024-08-3108655231ns5:RetainedEarningsAccumulatedLosses2023-08-3108655231ns5:PlantMachinery2023-09-012024-08-3108655231ns5:PlantMachinery2023-08-3108655231ns5:PlantMachinery2024-08-3108655231ns5:PlantMachinery2023-08-3108655231ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3108655231ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3108655231ns10:OrdinaryShareClass12024-08-31
REGISTERED NUMBER: 08655231 (England and Wales)


Financial Statements for the Year Ended 31 August 2024

for

Shree Ram Convenience Store Ltd

Shree Ram Convenience Store Ltd (Registered number: 08655231)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Shree Ram Convenience Store Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr Mayurkumar Vasantbhai Parekh
Mrs Leena Parekh





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





REGISTERED NUMBER: 08655231 (England and Wales)





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

Shree Ram Convenience Store Ltd (Registered number: 08655231)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 6,341 8,455

CURRENT ASSETS
Inventories 22,564 16,019
Debtors 5 1,897 1,673
Cash at bank and in hand 66,323 224,690
90,784 242,382
CREDITORS
Amounts falling due within one year 6 81,358 230,214
NET CURRENT ASSETS 9,426 12,168
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,767

20,623

CREDITORS
Amounts falling due after more than one
year

7

11,500

17,500
NET ASSETS 4,267 3,123

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 4,067 2,923
SHAREHOLDERS' FUNDS 4,267 3,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Shree Ram Convenience Store Ltd (Registered number: 08655231)

Statement of Financial Position - continued
31 August 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 Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by:





Mr Mayurkumar Vasantbhai Parekh - Director


Shree Ram Convenience Store Ltd (Registered number: 08655231)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Shree Ram Convenience Store 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 - 25% 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 2 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 38,911
DEPRECIATION
At 1 September 2023 30,456
Charge for year 2,114
At 31 August 2024 32,570
NET BOOK VALUE
At 31 August 2024 6,341
At 31 August 2023 8,455

Shree Ram Convenience Store Ltd (Registered number: 08655231)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 1,897 1,673

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 12,689 19,815
Taxation and social security 18,203 23,351
Other creditors 50,466 187,048
81,358 230,214

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 11,500 17,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
200 Ordinary £1 200 200

9. RELATED PARTY DISCLOSURES

During the year, the Company has paid rent of £8,400 (2023: £8,400) in respect of the business property owned by the directors.