REGISTERED NUMBER: 13465957 (England and Wales)

Financial Statements for the Year Ended 31 May 2025

for

Somerton Stores Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Inderjit Singh

REGISTERED OFFICE:

46 Somerton Road

Newport

NP19 8LD

REGISTERED NUMBER:

13465957 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Tangible assets

4

7,294

5,225

CURRENT ASSETS

Stocks

49,786

49,845

Cash at bank and in hand

153,316

81,748

203,102

131,593

CREDITORS

Amounts falling due within one year

5

198,460

128,714

NET CURRENT ASSETS

4,642

2,879

TOTAL ASSETS LESS CURRENT LIABILITIES

11,936

8,104

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

11,935

8,103

SHAREHOLDERS' FUNDS

11,936

8,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 1 October 2025 and were signed by:

Mr Inderjit Singh - Director

1.	STATUTORY INFORMATION

Somerton Stores Ltd 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 represents net sales of invoiced goods and services excluding Value Added Tax.

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

Stocks 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 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

11,790

Additions

4,500

At 31 May 2025

16,290

DEPRECIATION

At 1 June 2024

6,565

Charge for year

2,431

At 31 May 2025

8,996

NET BOOK VALUE

At 31 May 2025

7,294

At 31 May 2024

5,225

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

53,487

32,705

Taxation and social security

1,688

3,382

Other creditors

143,285

92,627

198,460

128,714

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

1

Ordinary

£1

1

1