MICHAEL SUPERMARKET LIMITED

Company Registration Number:
03676067 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

MICHAEL SUPERMARKET LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

MICHAEL SUPERMARKET LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 237,483 236,363
Total fixed assets: 237,483 236,363
Current assets
Stocks: 145,355 183,178
Debtors:   106,004 35,967
Cash at bank and in hand: 71,069 41,732
Total current assets: 322,428 260,877
Creditors: amounts falling due within one year:   (457,502) (306,350)
Net current assets (liabilities): (135,074) (45,473)
Total assets less current liabilities: 102,409 190,890
Creditors: amounts falling due after more than one year:   (34,273) (78,316)
Total net assets (liabilities): 68,136 112,574
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 67,836 112,274
Shareholders funds: 68,136 112,574

The notes form part of these financial statements

MICHAEL SUPERMARKET LIMITED

Balance sheet statements

For the year ending 31 December 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 27 June 2025
and signed on behalf of the board by:

Name: Jetinder Sunner
Status: Director

The notes form part of these financial statements

MICHAEL SUPERMARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

MICHAEL SUPERMARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 8 15

MICHAEL SUPERMARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 594,321
Additions 1,120
At 31 December 2024 595,441
Depreciation
At 01 January 2024 357,958
At 31 December 2024 357,958
Net book value
At 31 December 2024 237,483
At 31 December 2023 236,363