1 September 2023 false No description of principal activity Taxfiler 2024.6 11503293business:PrivateLimitedCompanyLtd2023-09-012024-08-31 115032932023-08-31 115032932023-09-012024-08-31 11503293business:AuditExemptWithAccountantsReport2023-09-012024-08-31 11503293business:FilletedAccounts2023-09-012024-08-31 115032932024-08-31 115032932023-08-31 11503293core:WithinOneYear2024-08-31 11503293core:WithinOneYear2023-08-31 11503293core:AfterOneYear2024-08-31 11503293core:AfterOneYear2023-08-31 11503293core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 11503293core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 11503293core:CapitalContributionReservecore:PreviouslyStatedAmount2024-08-31 11503293core:CapitalContributionReservecore:PreviouslyStatedAmount2023-08-31 11503293core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 11503293core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 11503293core:PreviouslyStatedAmount2024-08-31 11503293core:PreviouslyStatedAmount2023-08-31 11503293business:SmallEntities2023-09-012024-08-31 11503293business:Director12023-09-012024-08-31 11503293countries:EnglandWales2023-09-012024-08-31 11503293business:RegisteredOffice2023-09-012024-08-31 11503293core:FurnitureFittings2023-09-012024-08-31 11503293core:ComputerEquipment2023-09-012024-08-31 11503293core:FurnitureFittings2023-08-31 11503293core:ComputerEquipment2023-08-31 11503293core:FurnitureFittings2024-08-31 11503293core:ComputerEquipment2024-08-31 11503293business:Director112023-09-012024-08-31 11503293business:Director112023-08-31 11503293business:Director112024-08-31 11503293business:Director22023-09-012024-08-31 11503293business:Director222023-09-012024-08-31 11503293business:Director222023-08-31 11503293business:Director222024-08-31 115032932022-09-012023-08-31 iso4217:GBP xbrli:pure
MIDLANDS SUPERSTORE LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
20,300 
23,929 
Cash at bank and in hand
168 
10 
20,468 
23,939 
Creditors: amounts falling due within one year
(4,020)
(4,400)
Net current assets
16,448 
19,539 
Total assets less current liabilities
16,448 
19,539 
Creditors: amounts falling due after more than one year
(16,631)
(19,338)
Net (liabilities)/assets
(183)
201 
Capital and reserves
Called up share capital
2 
2 
Capital contribution reserve
29,971 
29,971 
Profit and loss account
(30,156)
(29,772)
Shareholders' funds
(183)
201 
For the year ending 31 August 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 27 May 2025 and were signed on its behalf by
DEEPESH SCARIYA Director Company Registration No. 11503293
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MIDLANDS SUPERSTORE LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
MIDLANDS SUPERSTORE LTD is a private company, limited by shares, registered in England and Wales, registration number 11503293. The registered office is 127 DAVENTRY ROAD, CHAYLESMORE, COVENTRY, CV3 5HD, UNITED KINGDOM.
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:
Fixtures & fittings
Tangible Assets Deprecated on Straight line method
Computer equipment
Tangible Assets Deprecated on Straight line method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
9,167 
1,800 
10,967 
At 31 August 2024
9,167 
1,800 
10,967 
Depreciation
At 1 September 2023
9,167 
1,800 
10,967 
At 31 August 2024
9,167 
1,800 
10,967 
Net book value
At 31 August 2024
- 
- 
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
491 
Other debtors
20,300 
23,438 
20,300 
23,929 
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MIDLANDS SUPERSTORE LTD Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,020 
4,100 
Other creditors
- 
300 
4,020 
4,400 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,281 
19,338 
Loans from directors
350 
- 
16,631 
19,338 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
DEEPESH SCARIYA
Directors Loan
11,719 
- 
1,569 
10,150 
MIDHUN VALATH MOHANAN
Directors Loan
11,719 
- 
1,569 
10,150 
23,438 
- 
3,138 
20,300 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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