Company Registration No. 11472878 (England and Wales)
MARIDEEA CONVENIENCE STORE LIMITED
Unaudited accounts
for the year ended 31 March 2025
MARIDEEA CONVENIENCE STORE LIMITED
Unaudited accounts
Contents
MARIDEEA CONVENIENCE STORE LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
3,767
5,024
Cash at bank and in hand
22,247
42,036
Creditors: amounts falling due within one year
(17,997)
(25,542)
Net current assets
38,829
57,372
Total assets less current liabilities
42,596
62,396
Creditors: amounts falling due after more than one year
(41,871)
(19,120)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
8
42,939
Shareholders' funds
9
42,940
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 10 June 2025 and were signed on its behalf by
MARIAN PAVEL-VALERICA
Director
Company Registration No. 11472878
MARIDEEA CONVENIENCE STORE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
MARIDEEA CONVENIENCE STORE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11472878. The registered office is 181 DRAYTON ROAD, NORWICH, NR3 2AA, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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: 5 Years
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
MARIDEEA CONVENIENCE STORE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
1,900
14,539
798
17,237
Additions
10,169
-
-
10,169
Disposals
(10,169)
-
-
(10,169)
At 31 March 2025
1,900
14,539
798
17,237
At 1 April 2024
1,900
9,677
636
12,213
Charge for the year
-
1,216
41
1,257
At 31 March 2025
1,900
10,893
677
13,470
At 31 March 2025
-
3,646
121
3,767
At 31 March 2024
-
4,862
162
5,024
Amounts falling due within one year
Other debtors
17,274
23,878
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
15,468
7,435
Taxes and social security
2,377
13,001
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).