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REGISTERED NUMBER: 06031934 (England and Wales)


Financial Statements for the Year Ended 31 December 2024

for

Shri Krishna Stores Limited

Shri Krishna Stores Limited (Registered number: 06031934)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Shri Krishna Stores Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mrs Hetal Parekh





SECRETARY: Mr Pratik Parekh





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





REGISTERED NUMBER: 06031934 (England and Wales)





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

Shri Krishna Stores Limited (Registered number: 06031934)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 3,297 4,396
3,297 4,396

CURRENT ASSETS
Inventories 37,298 35,857
Debtors 6 52,646 52,621
Cash at bank and in hand 26,466 36,616
116,410 125,094
CREDITORS
Amounts falling due within one year 7 40,777 40,821
NET CURRENT ASSETS 75,633 84,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,930

88,669

CREDITORS
Amounts falling due after more than one
year

8

16,542

26,910
NET ASSETS 62,388 61,759

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 62,386 61,757
SHAREHOLDERS' FUNDS 62,388 61,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Shri Krishna Stores Limited (Registered number: 06031934)

Statement of Financial Position - continued
31 December 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 15 July 2025 and were signed by:





Mrs Hetal Parekh - Director


Shri Krishna Stores Limited (Registered number: 06031934)

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

1. STATUTORY INFORMATION

Shri Krishna 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

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 7 (2023 - 10 ) .

Shri Krishna Stores Limited (Registered number: 06031934)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 7,000
AMORTISATION
At 1 January 2024
and 31 December 2024 7,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 28,227
DEPRECIATION
At 1 January 2024 23,831
Charge for year 1,099
At 31 December 2024 24,930
NET BOOK VALUE
At 31 December 2024 3,297
At 31 December 2023 4,396

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 50,000 50,000
Other debtors 2,646 2,621
52,646 52,621

Shri Krishna Stores Limited (Registered number: 06031934)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 5,563 9,204
Taxation and social security 7,098 14,196
Other creditors 28,116 17,421
40,777 40,821

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 16,542 26,910

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
2 Ordinary 1 2 2

10. RELATED PARTY DISCLOSURES

During the year, the company has paid rent of £7,200 (2023: £7,200) in respect of the business property owned by the director.