Abington Supermarkets Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05237885

		2023		2022
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		8,000		8,000
Tangible Assets	5		9,630		11,106
Investments	6		100		100

			17,730		19,206
CURRENT ASSETS
Stocks	7	90,898		82,116

		90,898		82,116
Creditors: Amounts Falling Due Within One Year	8	(9,787 )		(10,683 )

NET CURRENT ASSETS (LIABILITIES)			81,111		71,433

TOTAL ASSETS LESS CURRENT LIABILITIES			98,841		90,639

NET ASSETS			98,841		90,639

CAPITAL AND RESERVES
Called up share capital	9		38,863		38,863
Profit and Loss Account			59,978		51,776

SHAREHOLDERS' FUNDS			98,841		90,639

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Abington Supermarkets Limited

Balance Sheet (continued)

As At 30 September 2023

For the year ending 30 September 2023 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Suspinder Thind

Director

9th October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Abington Supermarkets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05237885 . The registered office is 1 Eastfield Road, Wellingborough, Northants, NN8 1QX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	not depreciated
Motor Vehicles	20% per annum reducing balance basis
Fixtures & Fittings	15% per annum reducing balance basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2022: 2)

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Abington Supermarkets Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2023

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 October 2022	8,000

As at 30 September 2023	8,000

Net Book Value
As at 30 September 2023	8,000

As at 1 October 2022	8,000

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 October 2022	3,198	19,064	42,154	64,416

As at 30 September 2023	3,198	19,064	42,154	64,416

Depreciation
As at 1 October 2022	-	13,274	40,036	53,310
Provided during the period	-	1,158	318	1,476

As at 30 September 2023	-	14,432	40,354	54,786

Net Book Value
As at 30 September 2023	3,198	4,632	1,800	9,630

As at 1 October 2022	3,198	5,790	2,118	11,106

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 October 2022	100

As at 30 September 2023	100

Provision
As at 1 October 2022	-

As at 30 September 2023	-

...CONTINUED

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Abington Supermarkets Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2023

Net Book Value
As at 30 September 2023	100

As at 1 October 2022	100

7. Stocks

	2023	2022
	£	£
Stock	90,898	82,116

8. Creditors: Amounts Falling Due Within One Year

	2023	2022
	£	£
Trade creditors	4,079	7,690
Bank loans and overdrafts	5,708	1,611
Taxation and social security	-	1,382

	9,787	10,683

9. Share Capital

	2023	2022
	£	£
Allotted, Called up and fully paid	38,863	38,863

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