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REGISTERED NUMBER: 09331463 (England and Wales)















Financial Statements for the Year Ended 28th February 2025

for

EAST PARK STORES LIMITED

EAST PARK STORES LIMITED (Registered number: 09331463)

Contents of the Financial Statements
for the Year Ended 28th February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EAST PARK STORES LIMITED

Company Information
for the Year Ended 28th February 2025







DIRECTOR: K S DEOL





SECRETARY:





REGISTERED OFFICE: 23 HOLLINGTON ROAD
WOLVERHAMPTON
West Midlands
WV1 2DR





REGISTERED NUMBER: 09331463 (England and Wales)





ACCOUNTANT: A K & Co Accountants
732 Walsall Road
Great Barr
Birmingham
West Midlands
B42 1EX

EAST PARK STORES LIMITED (Registered number: 09331463)

Balance Sheet
28th February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 10,046 10,007

CURRENT ASSETS
Inventories 5 52,888 55,441
Debtors 6 1,385 1,450
Cash at bank and in hand 2,279 4,315
56,552 61,206
CREDITORS
Amounts falling due within one year 7 21,916 17,611
NET CURRENT ASSETS 34,636 43,595
TOTAL ASSETS LESS CURRENT LIABILITIES 44,682 53,602

CREDITORS
Amounts falling due after more than one
year

8

11,437

20,881
NET ASSETS 33,245 32,721

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 33,243 32,719
SHAREHOLDERS' FUNDS 33,245 32,721

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2025 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.

EAST PARK STORES LIMITED (Registered number: 09331463)

Balance Sheet - continued
28th February 2025


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 21st April 2025 and were signed by:





K S DEOL - Director


EAST PARK STORES LIMITED (Registered number: 09331463)

Notes to the Financial Statements
for the Year Ended 28th February 2025


1. STATUTORY INFORMATION

EAST PARK STORES LIMITED 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

motor vehicles 25% pa on reducing balance

Fixtures and fittings 15% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EAST PARK STORES LIMITED (Registered number: 09331463)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st March 2024 16,221 10,250 2,050 28,521
Additions 2,455 - - 2,455
At 28th February 2025 18,676 10,250 2,050 30,976
DEPRECIATION
At 1st March 2024 13,765 4,749 - 18,514
Charge for year 920 1,188 308 2,416
At 28th February 2025 14,685 5,937 308 20,930
NET BOOK VALUE
At 28th February 2025 3,991 4,313 1,742 10,046
At 29th February 2024 2,456 5,501 2,050 10,007

5. INVENTORIES
28.2.25 29.2.24
£    £   
Stocks 52,888 55,441

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 1,385 1,450

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts (see note 9) 3,202 -
Trade creditors 12,441 11,078
Tax - 474
Social security and other taxes 732 518
Directors' current accounts 4,541 4,541
Accrued expenses 1,000 1,000
21,916 17,611

EAST PARK STORES LIMITED (Registered number: 09331463)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Other loans (see note 9) 11,437 20,881

9. LOANS

An analysis of the maturity of loans is given below:

28.2.25 29.2.24
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 3,202 -

Amounts falling due between one and two years:
Directors loan accounts 11,437 20,881

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
1 Ordinary Share Capital £1 2 2

11. RESERVES
Retained
earnings
£   

At 1st March 2024 32,719
Profit for the year 524
At 28th February 2025 33,243