FAIRPRICE GENERAL STORES LIMITED

Company Registration Number:
10402141 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

FAIRPRICE GENERAL STORES LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

FAIRPRICE GENERAL STORES LIMITED

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 190,000 190,000
Tangible assets: 4 376,250 24,500
Investments: 5 0 357,000
Total fixed assets: 566,250 571,500
Current assets
Stocks: 60,288 40,755
Cash at bank and in hand: 19,257 28,500
Total current assets: 79,545 69,255
Creditors: amounts falling due within one year: 6 (67,823) (46,328)
Net current assets (liabilities): 11,722 22,927
Total assets less current liabilities: 577,972 594,427
Creditors: amounts falling due after more than one year: 7 (152,790) (136,870)
Total net assets (liabilities): 425,182 457,557
Capital and reserves
Called up share capital: 2 2
Revaluation reserve:8120,000120,000
Other reserves: 254,426 301,961
Profit and loss account: 50,754 35,594
Shareholders funds: 425,182 457,557

The notes form part of these financial statements

FAIRPRICE GENERAL STORES LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 June 2025
and signed on behalf of the board by:

Name: Casila Emmanuel
Status: Director

The notes form part of these financial statements

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible Assets

Total
Cost £
At 01 October 2023 190,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2024 190,000
Amortisation
At 01 October 2023 0
Charge for year 0
At 30 September 2024 0
Net book value
At 30 September 2024 190,000
At 30 September 2023 190,000

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 35,000
Additions 357,000
At 30 September 2024 392,000
Depreciation
At 01 October 2023 10,500
Charge for year 5,250
At 30 September 2024 15,750
Net book value
At 30 September 2024 376,250
At 30 September 2023 24,500

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Fixed investments

land and building

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

trade creditors

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Creditors: amounts falling due after more than one year note

bank loan

FAIRPRICE GENERAL STORES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

8. Revaluation reserve

2024
£
Balance at 01 October 2023 120,000
Surplus or deficit after revaluation 0
Balance at 30 September 2024 120,000