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REGISTERED NUMBER: 11516668 (England and Wales)


Financial Statements for the Year Ended 31 August 2024

for

Brothers Superstore Ltd

Brothers Superstore Ltd (Registered number: 11516668)






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


Brothers Superstore Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr Devinder Pal Singh Arora





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





REGISTERED NUMBER: 11516668 (England and Wales)





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

Brothers Superstore Ltd (Registered number: 11516668)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 50,623 50,623
Property, plant and equipment 5 3,828 5,104
54,451 55,727

CURRENT ASSETS
Inventories 37,875 37,716
Debtors 6 583 3,323
Cash at bank and in hand 17,885 16,309
56,343 57,348
CREDITORS
Amounts falling due within one year 7 77,218 60,428
NET CURRENT LIABILITIES (20,875 ) (3,080 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,576

52,647

CREDITORS
Amounts falling due after more than one
year

8

23,344

42,056
NET ASSETS 10,232 10,591

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10,132 10,491
SHAREHOLDERS' FUNDS 10,232 10,591

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 director acknowledges his 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.

Brothers Superstore Ltd (Registered number: 11516668)

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 director and authorised for issue on 27 May 2025 and were signed by:





Mr Devinder Pal Singh Arora - Director


Brothers Superstore Ltd (Registered number: 11516668)

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

1. STATUTORY INFORMATION

Brothers Superstore 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 4 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 50,623
NET BOOK VALUE
At 31 August 2024 50,623
At 31 August 2023 50,623

Brothers Superstore Ltd (Registered number: 11516668)

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

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 1 10,083 10,084
DEPRECIATION
At 1 September 2023 - 4,980 4,980
Charge for year - 1,276 1,276
At 31 August 2024 - 6,256 6,256
NET BOOK VALUE
At 31 August 2024 1 3,827 3,828
At 31 August 2023 1 5,103 5,104

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors - 2,740
Other debtors 583 583
583 3,323

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 3,264 4,015
Trade creditors 18,584 46,761
Taxation and social security 9,474 8,467
Other creditors 45,896 1,185
77,218 60,428

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 23,344 42,056

Brothers Superstore Ltd (Registered number: 11516668)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary £1 100 100