Company Registration No. SC403369 (Scotland)
Main African Store Limited
Unaudited accounts
for the year ended 31 July 2024
Main African Store Limited
Unaudited accounts
Contents
Main African Store Limited
Company Information
for the year ended 31 July 2024
Directors
MIKAEL IDOWU NOIBI
NOIBI OLASUNKANMI AISHAT
WYSOCKA ELZBIETA MARIA
Company Number
SC403369 (Scotland)
Registered Office
486 Duke Street
Glasgow
Lanarkshire
G31 1QF
Scotland
Main African Store Limited
Statement of financial position
as at 31 July 2024
Tangible assets
9,850
9,850
Cash at bank and in hand
3,492
6,493
Creditors: amounts falling due within one year
(2,434)
(9,016)
Net current assets
16,022
12,725
Called up share capital
15,000
15,000
Profit and loss account
10,872
7,575
Shareholders' funds
25,872
22,575
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 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 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 of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by
MIKAEL IDOWU NOIBI
Director
Company Registration No. SC403369
Main African Store Limited
Notes to the Accounts
for the year ended 31 July 2024
Main African Store Limited is a private company, limited by shares, registered in Scotland, registration number SC403369. The registered office is 486 Duke Street, Glasgow, Lanarkshire, G31 1QF, Scotland.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
7,600
2,250
9,850
At 31 July 2024
7,600
2,250
9,850
At 31 July 2024
7,600
2,250
9,850
At 31 July 2023
7,600
2,250
9,850
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,434
9,016
Main African Store Limited
Notes to the Accounts
for the year ended 31 July 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).