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Company Registration No. 14252815 (England and Wales)
Ashford Supermarket Ltd T/a Jb's Premier Ltd Unaudited accounts for the year ended 31 July 2024
Ashford Supermarket Ltd T/a Jb's Premier Ltd Unaudited accounts Contents
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Ashford Supermarket Ltd T/a Jb's Premier Ltd Company Information for the year ended 31 July 2024
Director
Waqar Shahid
Company Number
14252815 (England and Wales)
Registered Office
89 Church Road Ashford TW15 2PE England
Accountants
Accounts & Finance Consultants Ltd 1000 Great West Road Brentford London Middlesex TW8 9DW
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Ashford Supermarket Ltd T/a Jb's Premier Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
337,683 
389,730 
Current assets
Inventories
215,000 
215,000 
Debtors
62,058 
90,654 
Cash at bank and in hand
1,681 
3,484 
278,739 
309,138 
Creditors: amounts falling due within one year
(542,637)
(372,135)
Net current liabilities
(263,898)
(62,997)
Total assets less current liabilities
73,785 
326,733 
Creditors: amounts falling due after more than one year
(252,787)
(363,465)
Net liabilities
(179,002)
(36,732)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(179,003)
(36,733)
Shareholders' funds
(179,002)
(36,732)
For the year ending 31 July 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 28 October 2024 and were signed on its behalf by
Waqar Shahid Director Company Registration No. 14252815
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Ashford Supermarket Ltd T/a Jb's Premier Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Ashford Supermarket Ltd T/a Jb's Premier Ltd is a private company, limited by shares, registered in England and Wales, registration number 14252815. The registered office is 89 Church Road, Ashford, TW15 2PE, England.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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: Tangible assets acquired from Ali Baba Superstore Ltd were acquired on 31/07/23 and are shown as additions during the year. No depreciation was charged for assets acquired during this year.
Land & buildings
18%
Plant & machinery
18%
Motor vehicles
18%
Fixtures & fittings
18%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
245,765 
127,901 
7,631 
43,119 
- 
424,416 
Additions
595 
- 
18,116 
3,054 
8,823 
30,588 
At 31 July 2024
246,360 
127,901 
25,747 
46,173 
8,823 
455,004 
Depreciation
At 1 August 2023
22,733 
8,211 
- 
3,742 
- 
34,686 
Charge for the year
44,344 
23,022 
5,370 
8,311 
1,588 
82,635 
At 31 July 2024
67,077 
31,233 
5,370 
12,053 
1,588 
117,321 
Net book value
At 31 July 2024
179,283 
96,668 
20,377 
34,120 
7,235 
337,683 
At 31 July 2023
223,032 
119,690 
7,631 
39,377 
- 
389,730 
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Ashford Supermarket Ltd T/a Jb's Premier Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
61,105 
39,058 
Trade debtors
953 
51,596 
62,058 
90,654 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
165,536 
96,050 
Taxes and social security
7,580 
6,835 
Other creditors
14,697 
- 
Loans from directors
354,824 
269,250 
542,637 
372,135 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
155,300 
207,310 
Other creditors
97,487 
156,155 
252,787 
363,465 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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