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REGISTERED NUMBER: 07776586 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Cromwell Superstore Limited

Cromwell Superstore Limited (Registered number: 07776586)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cromwell Superstore Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: C S Gulati





REGISTERED OFFICE: 82 Cromwell Road
Hounslow
Middlesex
TW3 3QJ





REGISTERED NUMBER: 07776586 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

Cromwell Superstore Limited (Registered number: 07776586)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 650,000 650,000

CURRENT ASSETS
Debtors 5 69,037 88,280
Cash at bank 20,429 12,937
89,466 101,217
CREDITORS
Amounts falling due within one year 6 261,572 258,961
NET CURRENT LIABILITIES (172,106 ) (157,744 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

477,894

492,256

CREDITORS
Amounts falling due after more than
one year

7

(398,822

)

(422,404

)

PROVISIONS FOR LIABILITIES (5,392 ) (5,392 )
NET ASSETS 73,680 64,460

Cromwell Superstore Limited (Registered number: 07776586)

Balance Sheet - continued
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 21,726 21,726
Retained earnings 51,854 42,634
73,680 64,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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:





C S Gulati - Director


Cromwell Superstore Limited (Registered number: 07776586)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Cromwell Superstore 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
Turnover 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Cromwell Superstore Limited (Registered number: 07776586)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 October 2023
and 30 September 2024 650,000
NET BOOK VALUE
At 30 September 2024 650,000
At 30 September 2023 650,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 2,000 2,000
Other debtors 67,037 86,280
69,037 88,280

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 45,354 45,354
Taxation and social security 2,925 3,603
Other creditors 213,293 210,004
261,572 258,961

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 363,112 377,694
Other creditors 35,710 44,710
398,822 422,404

Cromwell Superstore Limited (Registered number: 07776586)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 408,466 423,048

9. RESERVES
Revaluatio
reserve
£   
At 1 October 2023
and 30 September 2024 21,726

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
C S Gulati
Balance outstanding at start of year 137,216 134,867
Amounts advanced - 2,349
Amounts repaid (6,791 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 130,425 137,216

11. RELATED PARTY DISCLOSURES

At the balance sheet date other creditors include £34,303 (£34,303 - 2023) amounts owed to a company under the common control of the director.