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
Ashford Supermarket Ltd T/a Jb's Premier Ltd
Company Information
for the year ended 31 July 2024
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
Ashford Supermarket Ltd T/a Jb's Premier Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
337,683
389,730
Inventories
215,000
215,000
Cash at bank and in hand
1,681
3,484
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)
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
Ashford Supermarket Ltd T/a Jb's Premier Ltd
Notes to the Accounts
for the year ended 31 July 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
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
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
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
Ashford Supermarket Ltd T/a Jb's Premier Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
165,536
96,050
Taxes and social security
7,580
6,835
Loans from directors
354,824
269,250
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
155,300
207,310
Other creditors
97,487
156,155
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).